PennyWorks Secures $2M in Pre-Seed Funding

DailyPay announced the closing of a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million

Delaware-based neobank Rizon has raised a $2M pre-seed round as more people rely on global USD accounts for earnings, payments, and everyday spending. The investment comes from Market One Capital, a Polish venture capital firm focused on early-stage startups. The funding will be used to scale Rizon’s user base worldwide.

Day Air Credit Union has partnered with InvestiFi, the provider of the leading InvestTech platform that enables Credit Union members to trade from deposit accounts. The platform will deliver guided digital investing solutions to the credit union's 54,000 members.

Brickflow has recorded its strongest two-week performance to date in January, with £29.22m of completed lending supporting 157 residential and mixed-use units across the UK, underlining the platform’s growing role in delivering funding for housing and property projects.

Uptiq, the AI platform purpose-built for financial services, today announced it has raised $25 million in Series B funding from a group of leading strategic and financial investors across banking, fintech, and enterprise software. The round was led by Curql, with participation from Silverton Partners, 645 Ventures, Broadridge, Green Visor Capital, Live Oak Ventures, First Capital, Epic Ventures, Tau Ventures, and Evolution VC.

Bracket, a leading FX, treasury and cash management platform for mid-market businesses, has raised $7 million in Seed funding. The round was led by Macquarie Group’s Commodities and Global Markets business and Blackfinch Ventures, with participation from existing investor Failup Ventures.