Axyon AI Completes €1.6 Million Fundraising Round Supported by CDP Venture Capital, ING and UniCredit

Axyon AI, a leading AI provider for the asset management industry, has announced the completion of a €1.6 million funding round. Fondo Rilancio Startup led the round, with ING, UniCredit, Geminea, and Metes as co-investors. Axyon AI will use this capital to assist its international growth and evolve Axyon IRIS®, its flagship product that provides asset managers with AI-powered market insights and investment strategies.

Digital Bank Zopa in Talks to Raise Another $100M from Investors

UK digital challenger Zopa is in talks to raise $100 million in what could be its final funding round before going public, according to Sky News. The bank is in talks with new and existing shareholders about the raise, which would value it slightly higher than its £750 million valuation at a £220 million round last October. Zopa, a P2P lending pioneer, became a traditional bank two years ago, reaching profitability in April and £2 billion in deposits in August.

Railsr Achieves Series C Milestone

Railsr, the world leading embedded finance platform, has announced that it has closed its Series C round, raising $46m. The Series C fundraise constituted $26m of equity and $20m of debt. The equity portion was led by Anthos Capital, who led the Railsr Series B in July 2021, and includes other existing investors spanning Europe, North America and Asia: Ventura, Outrun Ventures, CreditEase and Moneta. The debt portion of the round was with Mars Capital, a new investor in the company.

Neobanking Platform Juno Raises $18 Million in Series A

Crypto digital banking firm Juno has raised $18 million in a Series A funding round to expand products and operations, and launch its first tokenised loyalty programme. The round was led by Mac Private Equity, the offshore private equity firm owned by Mac McClafferty, and included other well-known crypto industry figures that are part of McClafferty’s consortium of Caribbean investors.

Tally Raises $80 Million in Series D Funding Led by Sway Ventures

Tally, a leading financial automation company, announced it has received $80 million in Series D funding led by Sway Ventures with participation from Menora Mivtachim. The company also announced that Ken Denman, a veteran customer-centric technology leader, has joined Tally’s Board of Directors. Previous investors Kleiner Perkins, Andreessen Horowitz, Shasta Ventures and Cowboy Ventures also took part in this round.

Web3 Security Platform Blowfish Closes $11.8 Million Round

Blowfish announced that they’ve raised $11.8M in funding led by Paradigm, with participation from Dragonfly, Uniswap Labs Ventures, Hypersphere and 0x Labs. They are also supported by angel investors including crypto founders & operators - Naval Ravikant, Nathan McCauley, Will Warren, Amir Bandeali, Francesco Agosti, Patryk Adas, Jeremy Welch, Steve Klebnoff, Raymond Tonsing, Jim Posen, John Johnson and many more.

Currensea Secures Major Investment from Two VCs Bringing Total Raised This Year to £4.55M

Open banking-powered fintech Currensea has secured £2.4m from leading Venture Capitalists Blackfinch Ventures and 1818 Venture Capital which will be used to accelerate the fintech’s ambitious growth plans.Currensea – the money-saving travel card, which removes the bank fees associated with the foreign exchange by linking directly to users’ existing current accounts – has grown rapidly this year.