New wealth-tech platform Prosper, which plans to revolutionise how we save and invest, has raised a £3.2 million angel round.

The founders of Monzo, Capital One, World First, Tandem, Azimo, Embark, Comply Advantage, and the Connect, MMC and Portfolio Ventures all contributed to Prosper’s £3.2 million angel round, backing the company to shake up the way people manage their wealth.

Delio, the financial technology firm that digitises the private market strategies of leading financial institutions, has launched its new Vaults functionality as part of the flagship Delio Core platform. 

Smaller Scottish businesses, which often struggle to keep pace with big financial institutions when it comes to harnessing the latest growth-enabling technologies, will soon be able to benefit from an innovative national initiative.

To keep pace with its rapid growth, Kore, the RegTech Software-as-a-Service (SaaS) platform that enables large financial institutions to fast track regulatory compliance has raised just under £2.4 million from Wealth Club members under the Enterprise Investment Scheme (EIS) in a heavily oversubscribed round.

Statement, the platform comparing card payment providers for small businesses, has launched in the UK with £1.5m in pre-seed funding from global VC investor Northzone with participation from Notion Capital, Triple Point Ventures and TinyVC. Angels involved include fintech regulars Charlie Songhurst and Chris Adelsbach.

OION Angels has invested in the latest £1.5 million funding round of Arma Karma, the award-winning monthly insurance subscription company which has been a part of the Oxford Innovation ecosystem since 2019, when it took up residency with Oxford Innovation Space in the Colchester Innovation Centre Knowledge Gateway.

Gyroscope has raised $4.5M in seed funding to build Gyro Dollars (GYD), a decentralized stablecoin featuring a novel all-weather stablecoin design. The round was co-led by Placeholder VC and Galaxy with participation from Maven11, Archetype, and Robot Ventures, as well as angel investment from Cyrus Younessi, Fernando Martinelli, Hart Lambur, Will Villaneuva and others. A live beta version of the new GYD stablecoin mechanism - Gyro Proto - is now live on mainnet Polygon and is open to all for testing.

NIGERIA: Curacel, Africa’s leading insurance infrastructure provider, has raised $3 million in seed funding to roll out new technology solutions designed to power the next generation of insurance experiences in Africa. The new funding will also support the company’s expansion into North Africa.

SPAIN: Snab, the Spanish payment platform that allows payments and transfers between companies in one click, has raised €1.1Million in its first funding round.

Fact360, a cyber-security SaaS platform that specialises in detecting fraud, financial crime and compliance anomalies within businesses, has received investment from one Henley Business Angels member, contributing towards a funding round of £500,000.

Finance and technology heavyweight, Dominique Cerutti, has given his backing to London based early stage fintech, 1fs Wealth, and its innovative platform that can support wealth owners to consolidate and manage their assets.

Market Dynamics, a pioneering fintech start-up on a mission to democratise systematic trading for retail financial traders, has moved its operations to Brigantine Place, Cardiff following equity investment from the Development Bank of Wales.