Latest Fintech deals
The largest this week:
🇺🇸 A Layer-1 blockchain developed by Aptos Labs - former figures at Meta’s failed Diem crypto project - raised $150M of investment. It uses Diem’s programming language, Move, which aims to make transactions cheaper and more efficient. It is targeting sectors including gaming, social networks, media & entertainment, and finance.
🇪🇪🇪🇸 Estonia and Barcelona-based iGaming token, Cryptosnacks, secured €49.2M to further develop its blockchain infrastructure.
🇳🇴 Reltime, an Oslo, Norway-based global Layer 1, Proof of Authority Web3 financial ecosystem, raised a $50M funding round in partnership with GEM Digital Limited, a digital asset investment firm based in The Bahamas.
🇺🇸 VeeFriends, the web3 company founded by Gary Vaynerchuk, closed a seed funding round. The round, which reportedly amounted to $50M, was led by a16z crypto.
Other notable deals:
🇮🇳 Rural fintech startup Jai Kisan raised $50M in a mix of equity and debt in the first close of its ongoing Series B funding round.
🇦🇺 Debt collection fintech Indebted has raised $22.5M in a round that has doubled the company’s valuation to $200M.
🇸🇬 SuperAtom, a Singapore-based fintech firm, raised $22M in a series C round led by Malaysian investment fund Nue3 Capital. The deal pushed the startup’s valuation to $370M.
Read up on all the latest fintech deals in Dealroom.co
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