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I recently wrote about the so-called “Embedded finance” trend, citing the example of Intergiro’s recent fund-raising in the space. There’s now yet another example of this trend in the shape of HUBUC. Billing itself as “AWS for financial services” the startup — which emerged from Barcelona, Catalonia, Spain — has now raised a $10m Seed […]
Union54, the first Zambian startup backed by Y Combinator, has gotten another major venture capital firm on its term sheet: Tiger Global. The company confirmed to TechCrunch that the VC juggernaut led its just-completed $3 million seed round, coming only two months after graduating from Y Combinator’s summer batch. San Francisco-based venture capital firm Runa […]
Oxygen Closes $17M Series A to Build Banking Platform Digital banking platform Oxygen today announced a $17 million Series A funding round. The round was led by Runa Capital, with participation from S7V; 1984.vc; EFG Hermes; Rucker Park; Inventures; Frank Strauss, Global CEO of the Private & Commercial Bank for Deutsche Bank AG; William Hockey, cofounder of Plaid; Ankur Nagpal; Peter Treadway; and NFL wide receiver Larry Fitzgerald. Oxygen provides flexible banking solutions to consumers and small businesses. Since launching in January of 2020, Oxygen has surpassed 125,000 accounts opened...