Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $ 54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed stages. With a final close achieved last year, COTU Ventures, which identifies and backs founders from the inception to post-product launch, invests between $ […]
Finom, a European challenger bank for SMEs, raises $54M
Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($ 54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an online bank account in minutes and receive an IBAN (International Bank Account Number) to support cross-border transactions. […]