This Week in Fintech: TFT Bi-Weekly News Roundup 02/06

This Week in Fintech: TFT Bi-Weekly News Roundup 02/06

Mobile identity pioneer Incognia has raised $15.5million in Series A funding led by Point72 Ventures Home . Funding will be used to support global expansion to counter billions of dollars in identity fraud losses. Within 18 months of launching in the US, Incognia is now protecting more than 200 million mobile users in over 20 countries. Liminal , a wallet operations infrastructure, has raised $4.7million in its seed funding round led by Elevation Capital. The round also saw participation from investors LD Capital, Woodstock, Nexus Ventures and crypto ventures CoinDCX, Hashed, Cadenza Ventures, Vauld, Better Capital and Sparrow Capital. It will use the funds to invest in hiring and product development. HyperPay, a Saudi Arabian payments services provider, has raised SAR138million in a new funding round. The round was led by Mastercard with investments also from Amwal Capital Partners and AB Ventures . The funding will support HyperPay’s regional expansion efforts as it widens its market to Egypt, Qatar and Oman. It will also drive future hires. Fabric Ventures, the Web3 venture contributor, has closed a $140million venture fund. This is twice the original target and more than $30million above the original hard cap. Fabric Growth provides capital to support