The Series D round was led by WestCap, with support The European Bank for Reconstruction and Development (EBRD) and Horizon Capital.
The $22 million funding round saw support from Horizon Capital, Endeavor Catalyst, and Wheelhouse.
The funding was an extension of the company's Series A round, led by Bullhound Capital.
The round was supported by PvX Partners.
The fresh capital saw support from Green Flag Ventures, Nezlamni Fund, United Angels Network, Freedom Fund VC, VYTACH, Big Defence, UA1 VC, Varangians, and Bulava Capital.
The funding round was led by 1confirmation, with support from Collider Ventures, F‑Prime Capital, DCG, Coinbase Ventures, Node Capital, and Arrington Capital.
As of now, Finerd has no MVP, users, or any traction, and its burn rate reaches $100,000 per month.
Unicorn alert: IT holding Fintech-IT Group, the developer behind the digital banking ecosystem mono, has become the first fintech in Ukraine with $1B+ valuation.