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Pomelo secures USD 70 mln financing

News | Payments General | 19 Aug 2022

US-based fintech startup Pomelo has raised USD 20 million in venture capital and a USD 50 million credit facility as part of its seed funding round.

BNPL, funding, investment, startup, instalment payments

Super Payments raises GBP 22.5 mln for shoppers to get the best bang for their buck

News | Online Payments | 18 Aug 2022

UK-based fintech startup Super Payments has announced it raised GBP 22.5 million in one of the largest pre-seed funding rounds in Europe, to provide free online payments to businesses and rewarding shopping cashback to customers.

funding, crowdfunding, startup, fintech, ecommerce, online payments, cashback, scheme fee, payments , payment methods

Dianxiaomi raises USD 110 mln from SoftBank and Sequoia China

News | Ecommerce | 16 Aug 2022

China-based ecommerce SaaS platform Dianxiaomi has announced it raised USD 110 million in a Series D funding round led by SoftBank Vision Fund 2 and Sequoia China, with the participation of Tiger Global Management, GGV Capital, and others.

SaaS, funding, crowdfunding, cross-border ecommerce, online platform, platform, ecommerce, ecommerce platform, SMEs, ERP, expansion

Atome Financial gets USD 100 mln from HSBC Singapore

News | Ecommerce | 12 Aug 2022

Fintech providing BNPL services and digital finance services, Atome Financial, has announced it received USD 100 million worth of debt facility from HSBC Singapore to boost its flexible deferred payments business across Asia.

fintech, financial inclusion, BNPL, online banking, digital banking, funding, crowdfunding, Unicorn, digital payments, digitalisation, instalment payments

Klavi receives USD 15 mln

News | Online & Mobile Banking | 12 Aug 2022

Klavi, a Brazil-based Software-as-a-Service (SaaS) platform in data aggregation, analytics, and API services, has received USD 15 million.

SaaS, Open Finance, data, API, funding

Ant Group's e-wallet Dana raises USD 250 mln from Lazada

News | Mobile Payments | 11 Aug 2022

Digital wallet DANA  has raised USD 250 million from local conglomerate Sinar Mas and Alibaba.com-owned Lazada Group to expand in Indonesia.

e-wallet, funding, investment, mobile payments

Payment solutions provider Finix raises USD 30 mln

News | Payments General | 11 Aug 2022

US-based provider of payment processing solutions Finix has raised USD 30 million in new venture capital, bringing its total known raised to USD 133 million, with new investors taking part to the round.

funding, startup, fintech, payment processing

Truework receives USD 50 mln to redesign the credit system

News | Digital Identity, Security & Online Fraud | 11 Aug 2022

US-based income and employment verification startup fintech Truework has raised an additional USD 50 million in a Series C funding round, reaching a total of USD 95 million so far.

lending, SME lending, SMEs, financial data, data sharing, data protection, funding, crowdfunding

Forage gets USD 22 mln funding to boost online grocery access

News | Ecommerce | 09 Aug 2022

US-based payments processor that helps grocers accept food stamps payments online, Forage, has raised USD 22 million in a Series A funding round to accelerate online grocery access for the SNAP EBT recipients.

funding, crowdfunding, payment processing, ecommerce, online shopping, online payments, retail, supply chain finance

Goldman Sachs invests up to USD 150 mln in startup Clara

News | Payments General | 09 Aug 2022

US-based multinational investment bank Goldman Sachs has extended a USD 150 million credit line to Mexican startup Clara, which lends to corporations and helps manage their spending.

funding, Unicorn, startup, lending, spend management

Parafin startup raises USD 60 mln in series B

News | Payments General | 09 Aug 2022

US-based Parafin, a fintech infrastructure startup helping companies launch and embed financial services for their sellers, has raised a USD 60 million Series B financing round led by GIC.

fintech, startup, funding, investment, embedded finance

Vista Equity Partners to acquire Avalara in USD 8.4 bln deal

News | Payments General | 09 Aug 2022

Vista Equity Partners has acquired Avalara, a US-based tax automation platform, in a deal that values the company at USD 8.4 billion including debt.

acquisition, merger, cloud, compliance, funding

Kontempo raises USD 30 mln in seed round

News | Online Payments | 09 Aug 2022

Kontempo, a US-based startup offering BNPL, has raised a USD 30 million seed round in a mix of equity (USD 6.5 million) and debt (USD 25 million).

funding, B2B payments, BNPL, startup, merchants

Coinbase partners BlackRock and Meta

News | Cryptocurrencies | 05 Aug 2022

US-based BlackRock has announced its partnership with publicly traded Coinbase to provide its clients with access to cryptocurrency. Coinbase has also partnered with Meta's Instagram platform.

NFT, partnership, cryptocurrency, funding, Bitcoin, blockchain

Financial software company Savana raises USD 45 mln

News | Payments General | 03 Aug 2022

Savana, a US-based company building financial software products for legacy banks, has raised USD 45 million.

funding, digitalisation, banks, API, digital banking

Xsolla's Pay Station update adds web shops and payment features

News | Online Payments | 02 Aug 2022

US-based Xsolla has renewed its payment system to facilitate game developers to open alternative web shops and raise money through startup accelerators.

funding, product upgrade, KYC, digital onboarding, digital payments

Polygon and Techstars develop Web 3.0 accelerator programme

News | Payments General | 01 Aug 2022

Decentralised Ethereum scaling platform Polygon has partnered Techstars, a global investment business, to develop a Web 3.0 theme being applied to Techstars’ London Q1 2023 accelerator programme.

Web 3.0, Ethereum, fintech, funding, blockchain

Kompliant closes USD 14 mln to scale its solutions

News | Digital Identity, Security & Online Fraud | 01 Aug 2022

Kompliant, a US-based compliance startup, has closed a USD 14 million seed round led by Level One Fund.

funding, compliance, startup, investment, merchant

PropelAuth raises USD 2.59 mln seed investment

News | Digital Identity, Security & Online Fraud | 28 Jul 2022

PropelAuth, a US-based firm that offers end-to-end authentication for B2B companies, has raised a USD 2.59 million seed investment.

funding, online authentication, investment, startup, B2B payments

Helu.io raises EUR 9.8 mln in Series A financing

News | Payments General | 28 Jul 2022

Helu.io, an Austria-based fintech, has raised over EUR 9.8 million in a Series A financing.

funding, investment, SMEs, financial data, financial services