Atlanta entrepreneur Joshua Afolabi launches Bullion, a Stripe-powered banking platform for startups scaling across Africa and Latin America. The platform aims to address the business banking gap faced by these emerging markets.
The investment comes at a unique time for FinTech. CEO Tom Burnside said this is the first external capital injection for LendingPoint.
Fintech startup Greenlight, which provides a debit card and app for kids to learn about financial education, has closed a Series B of $54 million. This funding round saw participation from major financial institutions like JPMorgan and Wells Fargo.
The Ledgible team raised a $20 million Series A round this week to help scale its crypto-focused tax and accounting platform. This funding aims to bridge the gap between traditional finance and cryptocurrency, enhancing financial solutions for users.
Infinite Giving, a fintech startup led by CEO Karen Houghton, has successfully raised $2 million in seed funding. This funding round has allowed the team to focus on key business priorities and enhance their customer retention strategy, boasting a 99% retention rate.
GROUNDFLOOR, the country’s only real estate loan crowdfunding platform, has closed on $3 million in a second round of capital from public investors. This milestone demonstrates the effectiveness of equity crowdfunding in the real estate sector.
Findevor, co-founded by Valdes and Virgil Tataru, aims to revolutionize insurance underwriting through AI technology. With Tataru's background as a Machine Learning Engineer at Amazon, the startup is set to enhance the efficiency and accuracy of insurance processes.
Qoins, an Atlanta startup that rounds up users' spare change to help them pay off their debt, has won the Fintech Innovation Award Challenge at the FinTech South conference. This recognition highlights the innovative approach Qoins takes in assisting individuals with debt management.
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