Yaspa, a London-based fintech startup, has raised €10.1 million to expand its payment and identity services for the regulated gambling industry, with backing from Discerning Capital, Metavallon, and TechStars Ventures. Meanwhile, Atome, a leading buy now, pay later provider in Southeast Asia, secured $75 million in asset-backed financing from Lending Ark to enhance its credit offerings in the Philippines. In Greece, core banking vendor Natech has raised $33 million in a Series B round to expand its innovative digital banking solutions. These funding milestones highlight the dynamic growth and investor confidence in the fintech sector across different regions.
Yaspa, based in United Kingdom has raised €10.1 million in new funding
Key investors include Discerning Capital, Metavallon, TechStars Ventures. Read more. Yaspa, a London-based fintech startup, has successfully secured €10.1 million in a new funding round aimed at expanding its innovative payment and identity services targeted at the regulated gambling industry. With a focus on disrupting the gambling payments ecosystem, Yaspa is set to enhance its offerings by integrating native player protections, ensuring a safer and more secure environment for users. The funding round was led by Discerning Capital, with significant contributions from Metavallon and TechStars Ventures, highlighting the confidence investors have in Yaspa’s vision and potential for growth.
The company plans to utilize the fresh capital to fuel its expansion into the United States, a strategic move that aims to tap into the burgeoning market for regulated gambling services. Yaspa’s approach combines cutting-edge technology with a deep understanding of regulatory requirements, positioning it as a key player in the fintech sector. This funding milestone not only underscores Yaspa’s rapid growth trajectory but also its commitment to revolutionizing the way payments and identity services are managed within the gambling industry. With its headquarters in the United Kingdom, Yaspa is poised to make significant strides in the global fintech landscape.
Atome raised $75M in asset-backed financing
Atome, based in Philippines has raised $75M in a asset-backed financing funding round. Key investors include Lending Ark. Read more.
Atome, a leading buy now, pay later provider in Southeast Asia, has successfully secured a $75 million asset-backed financing facility from Lending Ark. This significant funding is aimed at enhancing Atome’s capacity to offer responsible and structured credit products in the Philippines, which is identified as a crucial growth market for the company. As a subsidiary of Advance Intelligence Group, Atome is committed to expanding its financial services to meet the increasing demand for flexible payment solutions in the region. The investment from Lending Ark will enable Atome to strengthen its infrastructure and improve its credit offerings, ensuring that consumers have access to more affordable and manageable payment options.
This strategic financial boost will allow Atome to further its mission of providing innovative financial solutions that cater to the needs of Southeast Asian consumers. By leveraging the new funds, Atome plans to enhance its technological capabilities and expand its reach within the Philippines, offering a broader range of services to a larger customer base. The collaboration with Lending Ark signifies a strong vote of confidence in Atome’s business model and growth potential, positioning the company to play a pivotal role in the fintech landscape of the region. As Atome continues to innovate and adapt to the evolving financial needs of its users, it remains focused on delivering value and convenience through its buy now, pay later offerings.
Natech closes a $33 milion Series B funding round
Natech, based in Greece has raised $33 million in a Series B funding round. Read more.
Natech, a Greece-based core banking vendor, has successfully raised $33 million in a Series B funding round. This significant investment underscores the growing interest and confidence in digital banking solutions, particularly those emerging from the European fintech landscape. Natech has been at the forefront of providing innovative core banking solutions, enabling financial institutions to modernize their operations and enhance customer experiences. With this new influx of capital, Natech aims to expand its product offerings and strengthen its market presence, both domestically and internationally.
The Series B funding round marks a pivotal moment for Natech as it seeks to leverage its technological expertise to drive further growth in the fintech sector. The company plans to utilize the funds to accelerate its research and development efforts, ensuring that its solutions remain cutting-edge and competitive. Additionally, Natech is poised to enhance its customer support and operational capabilities, providing even greater value to its clients. As the demand for digital banking solutions continues to rise, Natech is well-positioned to capitalize on new opportunities and solidify its status as a leader in the core banking industry.
