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Latest Results from /startups

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BlinkSky raises $1.5m

2023 marked a significant milestone for BlinkSky, a global payments platform that delivers secure, interactive and customizable digital cards, real-time at scale.

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Axyon AI secures €3.9 million investment

Axyon AI, a pioneering Italian C company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by Techshop SGR, alongside other angel investors.

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Digital assets startup Elwood receives FCA regulatory approval as a service company

Elwood Technologies LLP ("Elwood" or "the Company"), a leading software-as-a-service ("SaaS") platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority ("FCA").

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Deposit marketplace for banks ModernFi raises $18.7m

ModernFi announced today that it has closed an $18.7 million Series A funding round to bring its tech-forward platform to community and regional banks to help them grow, retain, and manage their deposits. Led by Canapi Ventures, the Series A also had participation from Andreessen Horowitz, Remarkable Ventures, and leading banks Huntington National Bank, First Horizon, and Regions.

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Insurtech Ansel raises $20m

Ansel, an insurtech on a mission to build a world where health hardships don’t create financial burdens, announced that it has raised a $20M round of funding led by Portage, with participation from Two Sigma Ventures, Brewer Lane Ventures, SixThirty Ventures, Plug and Play Ventures, Digitalis Ventures, Symphony AI, Operator Partners, Morgan Creek Capital Management, and several others.

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Visa to support Plug and Play entry to Canada

Visa Canada has announced a new alliance with Plug and Play, one of the world’s largest accelerators and venture capital firms.

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Mastercard opens door for Strive EU Innovation Fund applications

Mastercard has today opened the application window for its Strive EU Innovation Fund – a brand-new initiative aimed at accelerating the development of solutions to support European small businesses on their digital journey.

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Goldman Sachs leads $500 million debt financing for Hong Kong fintech FundPark

FundPark, a leading fintech company delivering insights and capital to help fast-growth digital entrepreneurs capture their future growth, announced the closing of a landmark asset-backed securitisation facility of up to $500 million.

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Vertice gains $25 million in Series B

Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning fast revenue growth. The company has now raised a total of $51 million since January 2022, upping its valuation into the hundreds of millions. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.

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POS home retrofitting solution gets almost £1.8m grant

A new project to develop an innovative point-of-sale finance technology solution for residential retrofit decarbonisation has been awarded almost £1.8m in government funding for its 14-month Pilot Phase. This follows an extensive six-month Discovery Phase that ended in October 2023.

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FinTech Wales welcomes Starling Bank as latest Partner

FinTech Wales, the independent members association and champion of the Fintech and Financial Services industry in Wales, has welcomed Starling Bank as the latest organisation to become a Partner to empower Wales as a globally recognised hub of fintech excellence.

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Plug and Play and Visa select 21 startups for accelerator programme

Plug and Play, the world’s largest global innovation platform, and Visa announced today the selection of 21 cutting-edge startups to participate in the Visa Inclusive Fintech Accelerator.