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Yavrio, the Trailblazing Open Banking Innovator, Raises $2.4 Million in Seed Funding
Yavrio, an innovative FinTech company specializing in open banking solutions, has raised $2.4 million in a seed funding round led by Fuel Ventures, with notable investors like Sir Sajid Javid. Yavrio’s platform connects enterprise resource planning (ERP) systems directly to banks, enhancing transaction speed, security, and financial operations by eliminating manual CSV uploads. The funding will be used to improve infrastructure and expand into the U.S. market. Yavrio has integrated with over 10,000 banks and serves clients such as Yellow Group and Dermalogica. CEO John Lewis emphasizes the aim to automate bank reconciliations, transforming finance teams’ workflows.
Cybersecurity Firm Freeze Secures $2.6M Seed Funding to Boost Attack Surface Protection Solutions
Freeze, an innovative cybersecurity firm specializing in proactive offensive security, has raised $2.6 million in seed funding to address the rising demand for advanced security measures. Supported by a network of angel investors and cybersecurity experts, the funding will help expand Freeze’s team, enhance product development, and scale its market strategy. The company focuses on combating targeted cyber threats by identifying and eliminating exposed information and minimizing deception risks for employees. CEO Domenic Perfetti emphasized that traditional reactive methods are inadequate, positioning Freeze as a leader in safeguarding organizations against evolving cyber threats.
US Firms Dominate InsurTech Landscape: 50% of Q1 2025 Deals as Funding Surges 59% Year-Over-Year!
In Q1 2025, global InsurTech funding surged by 59% year-over-year, reaching $1.1 billion, despite a 22% drop in deal volume to 71 transactions. This shift indicates investors are now favoring fewer, high-value opportunities, signaling renewed confidence in the sector. The US dominated the market, accounting for 52% of deals, while the UK, Spain, and Brazil followed. Notably, High Definition Vehicle Insurance (HDVI) secured $40 million in funding to enhance its telematics-based offerings, achieving a 107% annual growth rate since its 2021 launch and maintaining a low loss ratio, positioning itself to innovate commercial auto insurance.
Sardine Secures $70M in Series C Funding to Accelerate AI-Powered Fraud Prevention Solutions
Sardine, a San Francisco-based fraud prevention company, has raised $70 million in a Series C funding round led by Activant Capital, bringing its total funding to $145 million. Founded in 2020, Sardine focuses on enhancing fraud detection and compliance for financial institutions amid increasing AI-driven scams. The new capital will help advance its AI agents for automating risk functions, improve real-time risk assessments, and expand global operations. Sardine aims to integrate fraud prevention with anti-money laundering capabilities while ensuring compliance with evolving regulations, ultimately striving to rebuild trust in financial services.
Zynap Secures €5.7M Investment to Transform Cybersecurity with Cutting-Edge Generative AI
Barcelona-based cybersecurity startup Zynap has secured €5.7 million in funding to enhance its threat intelligence solutions and expand into new markets. Co-led by Kibo Ventures and Kfund, the investment aims to accelerate technology development and support the launch of a trial version of its product. Zynap offers innovative solutions that combine operational intelligence with predictive capabilities, helping businesses counter evolving cyber threats. CEO Daniel SolÃs emphasized their mission to outsmart cybercrime, while investors praised the team’s vision and product effectiveness for large enterprises and managed security service providers. For more details, visit Zynap’s official website.