At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced industry. That’s why we put together our weekly In Case You Missed It (ICYMI) funding round-up so you can get the latest funding news.

Aveni lands £12m to develop product suite

Scottish AI-focused regtech Aveni has secured £12 million in its latest fundraise led by PXN Ventures. Return backers Puma Growth Partners, Lloyds Banking Group, Nationwide and Scottish Enterprise also participated in the round.

Founded in 2018, Aveni offers corporates and small and medium-sized enterprises (SMEs) a range of AI-powered solutions to accelerate their workflows. Underpinned by its proprietary suite of specialist small language models, FinLLM, Aveni’s flagship products include Aveni Detect, its AI compliance monitoring tool, and Aveni Assist, an AI productivity solution for advisers and operations teams.

Related:Ramp’s valuation jumps to $44bn following $750m round

With the new funds, Aveni will accelerate product development, launching its new Agent Assure and Agent Approve solutions, which it states are “purpose-built to assess the conduct risk of AI agents that interact with consumers in financial services”.

Combining the new Agent Approve solution with Aveni Detect and Aveni Assist, Aveni adds that it will form a new Unified Assurance Platform, which will act as a “comprehensive framework for assuring both human and agent interactions with consumers at scale”.

The latest injection of capital marks Aveni’s first investment since its £11 million Series A funding round in 2024.

WasabiCard bags close to $10m to support internal development and international expansion

Singapore-based paytech WasabiCard has raised “nearly $10 million across its seed and Pre-A financing rounds”, according to a company statement. 

The firm does not identify lead investors in the rounds, though it notes participation from Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC.

Established in 2024, WasabiCard is a stablecoin-based financial infrastructure provider which provides card issuance, payouts distribution, and cross-border payment management solutions. Its framework is integrated across more than 500 enterprise customers across the media buying, SaaS subscriptions, global payroll, treasury management, and digital financial applications markets. 

Since launch, WasabiCard claims to have issued over 500,000 cards and processed more than $1 billion in cumulative transaction volume. 

In a statement, WasabiCard says that “the new funding will be used to strengthen WasabiCard’s global payment capabilities, enhance card issuing and payout infrastructure, accelerate international expansion”, and support the development of product, compliance, and operations.

Related:AlphaSense bags $350m funding round at $7.5bn valuation

CrediNord bags €10m from Thiele Capital Management partnership 

Finnish fintech CrediNord has scored a €10 million investment from US-based hedge fund manager Thiele Capital Management as the two firms announce a new partnership. 

In a statement announcing the news, CreditNord says: “The transaction combines more than €10 million in senior debt from Thiele Capital Management with a strategic equity investment in CrediNord, alongside participation from junior funders. The financing is structured through a dedicated special purpose vehicle in Luxembourg, providing a scalable framework designed to support expansion across multiple European markets.”

Through its Merchant Cash Advance solution, CrediNord, established in 2019, provides an embedded finance platform enabling payment providers, banks, and institutional investors to offer automated revenue-based financing to small and medium-sized businesses across Europe.

By partnering with Thiele Capital Management, CrediNord will “accelerate the rollout of embedded SME finance across Europe”, launching with myPOS merchants in the Netherlands. The fintech adds: “The new partnership materially expands the company’s lending capacity and lays the groundwork for geographic expansion across the broader myPOS network in Europe.” 

Related:Travel and spend management fintech Perk lands $300 million private credit facility

Kodesage secures $6.6m in seed funding

Hungary-based fintech Kodesage has landed $6.6 million in a seed round led by VentureFriends. Repeat investor Portfolion also participated in the funding, alongside a group of angels.

Founded in 2024, Kodesage is an AI-powered platform that extracts and consolidates knowledge from legacy code, documentation, and tickets into a searchable knowledge layer, helping enterprises in regulated industries resolve incidents faster and accelerate modernisation.

The latest funding builds on Kodesage’s €2.3 million pre-seed raise in February last year, and will “accelerate go-to-market in the US and Europe”, as well as fuel talent acquisition for the engineering and product teams. 

Paypercut secures €5m as it prepares application for Irish EMI licence 

Bulgaria-based paytech Paypercut has bagged €5 million in seed funding as the firm looks to expand its presence across Central and Eastern Europe, as well as in existing markets. 

The funding round was co-led by Concentric, Passion Capital, and Araya Ventures. SMOK Ventures, Portfolio Ventures, BrightCap Ventures, BlackWood, SABAH.fund, MFG Invest, Main Set, and payments entrepreneur Matt Doka also took part in the fundraise.

Established in 2025, Paypercut is a payment aggregation platform that gives small and mid-sized businesses access to multiple buy now pay later (BNPL) providers through a single integration. In doing so, it claims to boost approval and conversion rates while enabling merchants to receive immediate payment.

The firm raised €2 million in a pre-seed round in July 2025 and has since grown to serve 200 merchants across eight European markets. In addition to further expansion, Paypercut says it will use the new funds to “advance the next phase of product and infrastructure development, and meet the capital requirements for our Irish EMI licence”.