ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, 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.
Brighty lands $10 million
Swiss digital finance platform Brighty has raised $10 million in a funding round led by UAE-based venture capital firm Futurecraft Ventures.
Founded in 2020, Brighty operates a personal finance app that includes physical and digital Visa cards, European IBAN accounts, and support for crypto wallets on Arbitrum, Ethereum, Tron, and Polygon.
Through the app, users can send money, shop both online and offline, and convert crypto to USD, GBP and other currencies.
The company plans to leverage its new funds to grow its European and UK footprint, with licensed subsidiaries already in place.
French e-commerce fintech Just has bagged €8 million in a seed funding round led by Backed VC.
The round also included participation from Purple, FJ Labs, Daphni, Kima Ventures, Material Ventures, Otium, and a group of angel investors.
The company, which provides a plug-and-play checkout solution, claims to have onboarded over 500 French merchants since its inception in 2021.
In a recent LinkedIn post, Just says that the funds will help advance its mission to “make online shopping simple, smart and social for the new generation of shoppers”.
It adds that the company is “ready to expand across Europe,” beginning with the UK, and is currently hiring for key roles including full-stack engineers and mid-market account executives.
Finny secures $4.3 million
US-based fintech start-up Finny has bagged $4.3 million in a seed funding round.
The round was co-led by Maple VC and HNVR, with additional support from Y Combinator, Crossbeam Ventures, and Liquid 2, alongside various industry angels.
Finny is developing an AI-driven prospecting agent for financial advisors that utilises public data and proprietary algorithms to uncover potential clients and carry out personalised outreach on the advisor’s behalf.
Launched just six months ago, Finny boasts a waiting list of nearly 250 vetted firms, representing $1.5 trillion in assets under management.
According to Eden Ovadia, co-founder and CEO of Finny, the company will be using the funding to “build out our engineering team so that we can better support the demand for Finny”.
UK-based fintech start-up Ayan Capital has landed $3.6 million in an equity funding round led by London-based VC firm Cur8 Capital.
Founded in 2023, Ayan offers a range of Islamic financial products, such as halal car financing and rent-to-own options for PCO/PHV drivers.
Ayan, which has ambitions to grow into a global Islamic neobank, claims to have financed over $4.2 million (around £3.4 million) to date and has recently launched its 0% car repair and home improvement offering AyanPay.
With its latest capital injection, Ayan plans to expand its halal car finance service and broaden its product offering, including the potential launch of halal consumer loans in the UK.
Prosper launches new Crowdcube campaign
Prosper, a London-based wealthtech focused on savings and investments, has launched early access to a crowdfunding round on Crowdcube.
Founded in 2022 by the co-founders of Tandem Bank, Prosper offers customers an array of investment, pension, and savings solutions.
On its Crowdcube page, Prosper declares it is “raising to move toward our next objective of £1 billion in assets”.
This news comes just after the company reached its £800,000 crowdfunding goal on Crowdcube in June.
