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Check out the key deals, funding rounds, milestones, and changes in the global fintech landscape, curated by our team. 𝐊𝐞𝐲 𝐞𝐯𝐞𝐧𝐭𝐬 𝐟𝐨𝐫 May 27- June 2. NORTH AMERICA Frich Money, a financial wellness app, has secured $2.8m in a seed funding round led by Restive Ventures. EUROPE Doconomy, an impact FinTech, raised $37m in Series B funding, led by UBS Next and CommerzVentures. Klarna, BNPL, returned to profitability with an operating income of €21.6m for the first quarter of 2024. FintechOS, a product management platform for financial services providers, has raised a $60m Series B extension. Molten Ventures, Cipio Partners, and BlackRock led the deal. Cloover, a climate and FinTech startup, raised $114m in a seed funding round led by Lowercarbon Capital. Swiipr , an airline payments platform for flight delay, compensation, and operational payments, raised $7.6m in a Series A funding round led by Octopus Ventures. ZTLment, a decentralized money transfer startup, raised €2.4m in pre-seed funding from investors, including PreSeed Ventures, Upfin.vc and Giant Ventures. Landytech, an investment management platform, has secured a $5m corporate debt facility from CIBC Innovation Banking. APAC Marketnode digital financial market infrastructure firm, has closed a Series A round led by HSBC, with additional backing from co-founder Temasek. BharatX, a Y-Combinator-backed BNPL fintech startup, has acquired Zenifi, a healthcare finance startup that offers zero-cost and low-cost EMIs. AFRICA Mastercard and the African Development Bank Group launched the Mobilizing Access to the Digital Economy (MADE) Alliance Africa to extend digital access to critical services to 100 million African individuals and businesses over the next 10 years. #fintech #fintechweekly

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Thanks for the mention!

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