Quantcast

Monspire Raises £600K For its Cash Flow Management and Lending Platform for Small Businesses

Cash flow is the best indicator of a company’s financial health and optimizing cash flow can be the difference between keeping the lights on and having to shut down.  As global macroeconomic conditions worsen and businesses are scaling back, managing cash flow becomes even more critical. Monspire is a cash flow management platform for small businesses that also provided integrated lending options for working capital needs that leverages AI to understand when and where a business will need additional funding.  The platform leverages open banking so that businesses can get a full understanding of their business’s cash flow in real-time, while also getting accurate forecasting.  For any periods of gaps, Monspire steps in and plugs the hole with its lending solutions.  While finances are critical for any business, many business owners just don’t have the time to dedicate to managing finances while juggling all other facets of operations. Monspire, short for Money Inspired, makes it seamless by proving a singular view of a company’s financial health. London TechWatch caught up with Monspire Cofounder Simon Draper to learn more about the business, the company’s strategic plans, recent round of funding, and much, much more…

Bundlr Network Raises $5.2M for its Decentrazlized Platform That Makes Data Storage on Web3 Seamless

Arweave is a permanent hard drive built on the blockchain that can serve as a permaweb archive. Anything you want to be stored across a decentralized network can be verified cryptographically with its own currency token incentivizing host nodes and miners.  While the possibility of storage amount is infinite, transactions can be slow as the protocol scales and user interest increases.  Bundlr Network is a decentralized multichain platform that speeds up data storage on Web3 on Arweave.  Users pay a one-time fee with any major token, receive unlimited storage, and can upload data from any major blockchain while having instant access to the data.  The company reports that upload and read speeds are 3000x faster than using Arweave on its own.  Bundlr Network is currently views NFT marketplaces as its target customer but the solution is versatile enough to handle anyone with decentralized data storage needs. London TechWatch caught up with Bundlr Network Founder and CEO Josh Benaron to learn more about the business, the company’s strategic plans, recent round of funding, and much, much more…

The London TechWatch Startup Daily Funding Report: 4/5/2022

A shared transportation platform, a company that makes software for robotic navigation, and much, much more across 5 deals and £21.25 in new funding…

The London TechWatch Startup Daily Funding Report: 27/4/2022

The latest venture capital, seed, pre-seed, and angel deals for London startups for 27/4/2022 featuring funding details for Ravio, Volume, and much more.

The London TechWatch Startup Daily Funding Report: 26/4/2022

The latest venture capital, seed, pre-seed, and angel deals for London startups for 26/4/2022 featuring funding details for Juno, Monspire, and much more.

The London TechWatch Startup Daily Funding Report: 25/4/2022

The latest venture capital, seed, pre-seed, and angel deals for London startups for 25/4/2022 featuring funding details for Previse, Pollen, and much more.

The London TechWatch Startup Daily Funding Report: 19/4/2022

The latest venture capital, seed, pre-seed, and angel deals for London startups for 19/4/2022 featuring funding details for Soter Analytics, Gravity Sketch, and much more. This page will be updated throughout the day to reflect any new fundings.

The London TechWatch Startup Daily Funding Report: 14/4/2022

The latest venture capital, seed, pre-seed, and angel deals for London startups for 14/4/2022 featuring funding details for The Joy Club, OnePlan, and much more.

Fidel API Raises Another $65M for its Payment Data Infrastructure Platform

Companies like Klarna, Venmo, and Afterpay all have made modernized the payment landscape by providing consumer convenience. However, in the backend they have built massive troves of consumer purchase data that they are able to package, serving as a valuable lifeline for merchants that enables them to promote sales promotions, target, segment, and more.   The ability to collect and democratize purchase information instantly at the point of purchase unlocks a world of new opportunities and this is exactly what Fidel API focuses on.  At its core, it’s a payment data infrastructure that layers on top of existing payment stacks with APIs that allow developers to build timely and contextual experiences in real-time for an expanding collection of use cases.   Some applications of the company’s platform include powering digital receipts, loyalty and rewards programs, insurance claims, expense management, and also personal financial management apps.  With the advent of open banking and consumers granting permissions to their transactions opens us a world where consumers are willing to give up their once highly coveted data in order to receive both functional and hedonistic benefits. Fidel API’s core technology is being used across the globe, servicing millions of cardholders and hundreds of thousands of merchants. London TechWatch caught up with Fidel API VP of Strategy Patrick Nealon to learn more about the business, the company’s strategic plans, latest round of funding, which brings the total funding raised to $86M, and much, much more…

The London TechWatch Startup Daily Funding Report: 13/4/2022

5 deals and £55.M in new funding. The latest venture capital, seed, pre-seed, and angel deals for London startups for 13/4/2022 featuring funding details for Wagestream, Replan, and much more.