ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more
At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced industry. That’s why we put together our weekly In Case You Missed It (ICYMI) funding round-up so you can get the latest funding news.
Bitlayer lands $9 million
Singapore-based fintech Bitlayer has bagged a $9 million Series A extension co-led by Polychain Capital and Franklin Templeton.
Supported by Selini Capital, SCB Limited, G-20 Group and others, the raise builds on a $5 million seed round secured in March, as well as a $11 million Series A closed in July.
This latest cash injection has been earmarked for product development, particularly in preparing for the “imminent launch” of Bitlayer V2, which the fintech describes as a “Bitcoin-native rollup” that secures state transitions through its OpVM technique.
Quartr, a Swedish app that provides access to company information and earnings calls from over 10,000 enterprises, has secured $6 million from San Francisco venture capital firm Atleos Ventures.
This funding is expected to “further accelerate Quartr’s market share growth”, and adds to a $2.6 million seed round extension raised in 2022.
Following this deal, Altos will gain a seat on Quartr’s board.
FutureMoney raises $2.5 million
Boston-headquartered investech FutureMoney has bagged $2.5 million in pre-seed funding.
The fundraising was supported by Capacity Capital, Harvest Ventures, RTL Capital, Mistral, Serac Ventures, Hustle Fund, Telegraph Hill Capital, Next Wave, and several angels.
FutureMoney claims to have been “capital-efficient” in launching its micro-investing platform in May, but with the new funding, now plans to prioritise “strategic user acquisition and expanding its reach”.
Round Treasury, a London-based fintech, has landed a $2.1 million pre-seed funding round led by Passion Capital.
The round drew participation from Ascension, Samos Investments, Tiny VC and Entrepreneur First, alongside a consortium of fintech angels.
The company, founded in 2023 plans to utilise its new funding to expand its team and enhance its treasury management platform, while preparing to broaden its services across Europe.
ZenStatement bags $1.62 million
ZenStatement, an India-based finance automation and cash flow management platform, has raised a $1.62 million seed funding round.
The fundraiser was spearheaded by 3One4 Capital and Boldcap VC, with support from Atrium Angels and Dynamis Ventures.
Founded in 2023, ZenStatement provides an AI-driven financial analytics and cash flow management solution tailored for businesses handling high transaction volumes.
The start-up intends to leverage the funds to develop a sales and marketing engine aimed at expanding its presence in both the Indian market and internationally, while also enhancing its product offerings.
US and UK-based fintech Solifi has secured an undisclosed majority investment from Boston-headquartered private equity firm TA Associates.
Founded in 2021, Solifi’s software solutions target asset finance portfolio management across various sectors, including automotive, equipment, wholesale and working capital finance.
The fintech has designated the cash injection to enhance its product offerings, and fuel its expansion into “adjacent markets” through planned mergers and acquisitions.
