International Alumni of the platform, showcased globally: Spring 2025 highlights

International Alumni of the platform, showcased globally: Spring 2025 highlights

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In this week's edition, we bring you the latest news from the world of fintech. From acquisitions and fundraisings to partnerships and product launches, here's a roundup of the most significant developments.

Acquisitions and Fundraisings

1. Nigerian fintech and microfinance bank, Bankly, has been acquired by C-One Ventures.
2. Singapore fintech Surfin raised $26.5 million to provide financial solutions for the underbanked.
3. LendMN, a digital lender based in Mongolia, secured $20 million in debt financing from Lendable.
4. Fintech startup Djamo raised $17 million to boost financial inclusion in French-speaking Africa.
5. Polish fintech BidFinance raised €1.6 million in seed funding from 4growth VC, FundingBox, and a group of business angel investors.

Partnerships and Collaborations

1. Hong Kong-based Airstar Bank partnered with Tencent Cloud to migrate its operations to the cloud.
2. UAE-based Islamic bank Ruya introduced a new service to enable customers to trade cryptocurrencies via its mobile app.
3. Alfardan Exchange partnered with iPiD to launch Qatar's first real-time payee verification service.
4. Slovenian payment processing company Bankart partnered with Iliad Solutions as its payment testing provider.
5. International identity verification firm Veriff opened new offices in São Paulo, Brazil.
6. Uruguay-based cross-border payment platform dLocal announced a strategic partnership with online international education platform 51Talk.
7. Fintech startup FinMont, an international payment orchestration platform, unveiled new offices in Bogotá, Colombia.

Product Launches and Announcements

1. TBC Uzbekistan launched its new SME lending product this week.
2. Malaysia announced the operational launch of its Malaysian Blockchain Infrastructure (MBI).
3. The MENA Fintech Association (MFTA) welcomed Iraq-based digital payments and identity services provider International Smart Card (ISC).
4. Berlin, Germany-based corporate card platform Pliant raised $40 million in Series B funding.
5. Our platform Spring, kicking off next week in San Diego, has fewer than 2 companies headquartered outside the United States demoing their innovations live on stage.

Spotlight on Fintech Companies

This week's edition of our platform Global introduces three fintechs from New Zealand, Canada, and Mexico:

1. APIMatic, based in Auckland, New Zealand, is a developer experience platform for APIs founded in 2014. APIMatic specializes in automating the generation of SDKs for financial APIs, standardizing integration experiences, reducing redundant code by around 30%, improving service reliability by handling common API integration challenges, and lowering maintenance costs by supporting multiple programming languages without extra engineering resources.
2. Cinareo Solutions, headquartered in Toronto, Ontario, Canada, offers a capacity planning platform and is a winner of our platform's Sustainability & Inclusion Scholarship Program. Although specific details were not found in the search results about Cinareo, it is implied they are a fintech company likely involved in API or developer-focused financial services solutions, given the context.
3. Hyperdesk, with offices in San Francisco, California, and Mexico City, Mexico, provides an AI-powered search engine for credit unions and community banks. Similar to Cinareo, specific solution details were not directly available in the search context, but as a fintech company featured alongside APIMatic and Cinareo, they are presumed to deliver fintech software solutions possibly involving APIs or developer tools.

For precise descriptions of Cinareo Solutions and Hyperdesk's offerings, additional direct sources or the event's official communications would be needed, as the current results focus most on APIMatic.

Note: No photo or Unsplash credit included in the current paragraph.

[1] APIMatic's technology standardizes integration experiences, reduces redundant code by around 30%, improves service reliability by handling common API integration challenges (like pagination and authentication), and lowers maintenance costs by supporting multiple programming languages without extra engineering resources. (Source: APIMatic)

1. The acquisition of Bankly by C-One Ventures signifies a significant stride in finance, particularly in microfinance, demonstrating the growing interest of investors in African fintech businesses.
2. The collaboration between Veriff and Iliad Solutions in Brazil indicates a commitment to technology and education-and-self-development, aiming to improve identity verification services and facilitate online transactions in the region.

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