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US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.
funding, spend management, investment, risk management, payments
US-based cybersecurity platform Coro has raised a USD 100 million Series D funding round to drive growth and to augment cybersecurity for SMEs.
cybersecurity, SMEs, funding, investment, expansion
The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps and commerce solutions, and Buy Now, Pay Later services.
investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs
Canada-based Teachers’ Venture Growth has invested USD 80 million in Perfios, an Indian fintech that provides real-time credit underwriting solutions to financial institutions.
startup, investment, fintech, risk management, fraud detection
Australia-based Avenue Bank has landed a full banking licence from Australian Prudential Regulation Authority (APRA).
SMEs, digitalisation, cash flow, banking license, banks
Coverdash has announced USD 13.5 million in Series A funding, bringing the company’s total funding to USD 16 million to date.
insurance, insurtech, funding, investment, SMEs
MENA-based Buy Now, Pay Later platform Tabby has announced the launch of Tabby+, a monthly subscription service in the UAE.
payment methods, online payments, mobile payments, BNPL, product launch
US-based spend management company Ramp has bought AI-powered startup Venue to expand its procurement offering.
spend management, artificial intelligence, digitalisation, acquisition
Saudi Arabia-based Tabby has successfully secured USD 700 million in debt financing from J.P. Morgan and extended its Series D round.
funding, investment
Iceland-based Meniga, a personal finance management solutions company, has raised EUR 15 million in Series D funding.
investment, funding, partnership, financial services, payments
Canada-based fintech, Koho, has announced that it raised USD 63.4 million in a Series D and surpassed one million users.
funding, spend management, personal finance management, credit card
The Paypers looked into the most relevant investments that were announced during Q3 2023 and discovered an overall preference for digital banking, fintech solutions, lending, and fraud prevention strategies.
investment, funding, expansion, payments , banks, ecommerce, The Paypers Quarterly Analysis series
MENA-based BNPL platform Tabby has become available as a flexible payment option on Saudia Arabia-based Almosafer’s travel platforms.
BNPL, instalment payments, travel payments, partnership, payment methods
MENA-based BNPL platform Tabby has secured USD 200 million in Series D funding round in order to develop its solutions and expand its offerings.
funding, investment, payments , BNPL, online payments, mobile payments, digital payments
UK-based Embedded Finance platform Railsr has restarted its operation after raising GBP 20 million in a funding round.
embedded finance, online banking, mobile banking, funding, BaaS
The UK Financial Conduct Authority (FCA) and Modulr have agreed on imposing customer onboarding restrictions for the payments fintech.
regulation, digital onboarding, fraud management, fraud prevention, fraud detection, embedded finance, BaaS
Cybersecurity company Legit Security has successfully closed a USD 40 mln investment round led by CRV.
cybersecurity, investment, funding, artificial intelligence, LLM
India-based fintech Perfios has raised USD 229 million in a Series D funding round to continue its global expansion in the US and Europe.
banking, online banking, fintech, funding, investment
Indian Bank has partnered with India-based mobile-oriented credit card company OneCard to launch contactless, co-branded metal cards.
mobile banking, product launch, credit card, partnership, fintech
India-based instant grocery delivery startup Zepto has raised USD 200 million in a new funding round and became India’s first unicorn in 2023.
funding, startup, Unicorn, investment