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Avant, a credit-first financial technology company that provides access to financial solutions to underserved non-prime consumers, has secured USD 250 million of corporate debt.
funding, financial services, partnership, credit card, investment
Osome, a Singapore-based financial admin platform, has snared USD 25 million investment from Asian, European, and US investors.
funding, expansion, artificial intelligence, super app, investment
Security and compliance automation platform Drata has secured USD 200 million in a Series C funding round led by GGV Capital and ICONIQ Growth.
funding, investment, compliance, risk management
India-based digital payments company PhonePe has revealed its plans to raise up to USD 1 billion in an all-equity funding round.
funding, investment, digital payments, equity
SaaS investment platform Tapline has secured EUR 30 mln of debt financing from Fasanara Capital and EUR 1.7 mln of equity led by V-Sharp Venture Studio.
SaaS, funding, investment, fintech
Nubank, a Brazil-based digital bank, has announced a USD 330 million equity capitalisation in Mexico as it pushes to expand its operations there.
digital banking, investment, expansion, financial institutions, regulation
The Reserve Bank of India has introduced a single-block-and-multiple debits functionality in UPI to augment payments for ecommerce and investments in securities.
UPI, RBI, product upgrade, ecommerce, investment
UK-based fintech SME challenger bank Allica Bank has raised GBP 100 million in a series C funding round led by global growth technology investor TCV.
funding, investment, lending, SME lending, SMEs, banking, challenger bank
India-based fintech platform KreditBee has raised USD 80 million in a series D funding round with participation from MUFG Bank aimed at diversifying its product portfolio.
funding, investment, banking, lending, underwriting, credit scoring
Canada-based payments company Buckzy Payments has secured USD 14.5 million in Series A financing to continue its global expansion.
cross-border payments, funding, financing , investment, real-time payments, FX
Switzerland-based fintech Leonteq has announced the introduction of its ETP+ label, which aims to improve safety for investors, and launching its first exchange traded product (ETP) under the new label.
product launch, product upgrade, investment, risk management, banking
UK-based fintech Plum has expanded its portfolio of investment options with crypto investing in France, Spain, Ireland, and Belgium.
cryptocurrency, investment, product upgrade, fintech
UK-based business banking platform Tide has announced it will acquire Funding Options, a UK marketplace for business finance, subject to FCA approval.
funding, lending, B2B payments, investment, acquisition
Singapore-based crypto lending firm Matrixport has secured half of a USD 100 million funding round at a USD 1.5 billion valuation.
funding, lending, cryptocurrency, investment
South-Africa based API payment and collections company Revio has raised USD 1.1 million in a seed round led by SpeedInvest to reduce payments failure in emerging markets.
funding, investment, payments , digital payments, API, payment processing, payments infrastructure
The UK’s FCA has warned against the gamification of trading apps as these can lead to users taking on more risk and making poor investments.
gambling, FCA, regulation, trading platform, investment
Brazil-based SaaS platform for data aggregation, analytics and API services focused on Open Finance Klavi has attracted new investors for its USD 15 million Series A round, according to Finsiders.
Open Banking, investment, fintech, SaaS
Prosper Marketplace, a US-based peer-to-peer lending platform, has closed a new USD 75 million financing round from Neuberger Berman.
funding, P2P lending, credit card, investment, artificial intelligence
India-based information technology company Wipro has opened a new Asia Pacific, Middle East and Africa (APMEA) headquarters in Dubai.
expansion, partnership, investment, financial services
UK-based digital payouts fintech WeGift has bagged a GBP 26 million funding round to tap into a wave of companies dishing out one-off payments to staff and customers.
payout, funding, investment, fintech, inflation