FinTech frenzy: $73m hyperexponential deal dominates this week’s funding rounds.

January 12, 2024
1 min read

TLDR: The FinTech sector saw a rebound in funding rounds this week, with a total of 17 deals closing. The largest deal was a $73 million Series B funding round secured by hyperexponential, a pricing decision intelligence software company. Conta Simples, an expense management and corporate card services company from Brazil, raised $41.5 million in Series B funding to expand in their domestic market. Anecdotes, a compliance technology firm, raised $25 million in Series B funding for their GRC (Governance, Risk, and Compliance) technology. In terms of sectors, FinTech led the way with 7 deals, followed by InsurTech with 4 deals. The US and UK were the top countries in terms of funding rounds, with 5 and 4 deals respectively.

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