Priya Patel
TLDR: Danish fintech start-up Safty has raised €11.3 million in an investment round led by Upfin, with participation from other finance professionals. Safty has developed a solution that uses machine learning to aggregate customer data, allowing banks, insurance companies, and pension funds to offer more personalised experiences and predict customer needs. UK-based open banking tech provider Ozone API has secured £8.5 million in a Series A funding round, which it plans to use to grow its team and develop its technology to support emerging standards and help banks monetise open APIs. WealthKernel, a digital investment solutions provider, has raised £6 million in a Series A funding round, which it will use to strengthen its market presence. Qatari fintech start-up Karty has secured $2 million in a seed funding round. The company plans to launch an e-wallet offering for individuals and companies to manage their money and savings through a user-friendly app.
