Grifin, an innovative investment app that reimagines investing by linking it to daily spending, today announced a $11M Series A investment funding round led by Nava Ventures, with participation from TTV, Draper Associates, Gaingels, Nevcaut Ventures, Alloy Labs, etc. With this round, Freddie Martignetti, Partner at Nava Ventures, will join Grifin's Board of Directors. Martignetti's previous investments include Warby Parker, FIGS Scrubs, Drizly, and Everly Health.

Clearspeed, the global leader in voice-based risk assessment technology, today announced it has secured $60 million in Series D funding, bringing the company's total funding to $110 million. The round was led by Align Private Capital, with participation from IronGate Capital Advisors, Bravo Victor Venture Capital, and KBW Ventures. General David H. Petraeus (US Army, Ret.) also joined as a multi-round investor.

ZestyAI, the leading provider of AI-driven risk analytics for the property and casualty insurance industry, today announced it has secured a $15 million credit facility from CIBC Innovation Banking.

The facility enhances ZestyAI’s financial flexibility and reinforces its strong balance sheet as the company scales adoption of its climate and property risk models, delivering over 31 million property risk assessments in 2024, more than double the volume from 2023, and on pace to exceed 50 million in 2025.

Lesaka Technologies, Inc.today announced that its wholly-owned subsidiary, Lesaka Technologies Proprietary Limited, has entered into an agreement to acquire (directly and indirectly) 100% of the issued ordinary shares of Bank Zero Mutual Bank .

Spendbase, a spend management platform that helps businesses save on software and cloud costs, is launching a new suite of financial tools that take spend control to the next level: Digital Banking and Virtual Cards.

With this release, Spendbase moves beyond expense optimization and into the core of business finance, growing into a central hub for financial management. The new features empower companies to manage money smarter, move faster, and save more.

dLocal, the leading cross-border payment platform specializing in emerging markets and BVNK, the stablecoin payments infrastructure provider for global enterprises and PSPs, today announced a strategic partnership that enables faster, programmable, and more cost-effective money movement across 40+ markets.

Through the dual partnership:

London-based open banking fintech Yaspa has named Chris Lowe as its new Chief Financial Officer.

Lowe brings more than a decade of experience to the position, with a proven record of helping growth-stage companies scale at speed via a blend of core finance leadership and strategic roles. 

Historically, conducting and managing transactions across European borders was a costly and complicated process. To address this, unified transfer schemes were introduced to streamline cashless euro payments across the EU. This is where SEPA (Single Euro Payments Area) transfers, also known as direct debits, have become essential, particularly for fintech companies.