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Banking Crowdfunding Crowdsourcing Debit Cards Financial Services FinTech Internet North America

Mexican challenger bank Fondeadora adds $14 million to its Series A

– Fondeadora, a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round.
– The round was extended by Portag3 and joined by Google’s Gradient Ventures, an existing investor in the company.
Gokul Rajaram and Anatol von Hahn are investing as business angels as well.
Y Combinator, Scott Belsky, Sound Ventures, Fintech Collective and Ignia also participated in the first tranche of the Series A.

Banking Debit Cards Europe

TreeCard Raises $5.12M in Seed Funding

– TreeCard, a London, UK-based wooden Mastercard™ payment card that plants trees with everyday spending, raised a $5.12m in seed funding.
– The round was led by EQT Ventures, with participation from Seedcamp and Episode 1 and angels including Matt Robinson (the founder of GoCardless) and Charlie Delingpole (founder of ComplyAdvantage).
– The company intends to use the funds to hire fintech talent, support product roll-out across the UK, and expand into the US and key European markets.

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