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Helicap raises USD 5 mln to democratise access to private markets

News | Online Payments | 23 Jun 2022

Private investment platform specialised in alternative lending space in Southeast Asia, Helicap, has announced it raised USD 5 million in strategic funding from two global asset management powerhouses.

digital assets, asset recovery, crowdfunding, funding, SMEs, SME lending

Appletree Digital Commerce to offer USD 5 bln to African SMEs

News | Ecommerce | 21 Jun 2022

Ecommerce company Appletree Digital Commerce has launched its One Million African Traders Online (TOMATO) solution to address the lack of opportunities for SMEs available in Africa.

funding, crowdfunding, SMEs, SME lending, ecommerce, financial inclusion, digitalisation

MFS Africa raises USD 200 mln in Series C extension funding round

News | Online Payments | 15 Jun 2022

Digital payments network MFS Africa has announced it raised another USD 100 million in equity and debt funding led by Admaius Capital Partners

acquisition, expansion, funding, crowdfunding, cross-border payments, digital payments, online payments

Codat gets USD 100 mln to build Internet for business data

News | Ecommerce | 09 Jun 2022

Universal API for small business data company, Codat, has announced it raised USD 100 million in a Series C funding round led by JP Morgan Growth Equity Partners.

API, financial services, financing , funding, crowdfunding

Klasha closes USD 4.5 mln seed fundraise

News | Ecommerce | 07 Jun 2022

US and Lagos-based technology company Klasha has announced it raised an additional USD 2.1 million to complete its USD 4.5 million seed investment round. 

funding, crowdfunding, cross-border payments, cross-border ecommerce, ecommerce, ecommerce platform, online payments, digital payments, local payment method

Astro raises USD 60 mln to improve 15-minute grocery delivery

News | Payments General | 30 May 2022

Indonesia-based delivery company Astro has recently closed a USD 60 million Series B funding round, lifting its total funding to USD 90 million since the business launched in late 2021.

funding, crowdfunding, delivery, ecommerce, ecommerce platform, cash, cash flow, expansion

Creditspring raises GBP 48 mln to improve financial stability in the UK

News | Payments General | 25 May 2022

UK-based fintech lender Creditspring has announced it raised GBP 48 million to enhance financial stability by offering borrowers an inclusive, affordable credit option.

product upgrade, expansion, funding, crowdfunding, lending, financial inclusion

EBA publishes final technical standards on crowdfunding service providers

News | Payments General | 19 May 2022

The European Banking Authority (EBA) today published its final draft Regulatory Technical Standards (RTS) specifying the information crowdfunding service providers shall provide to investors on the calculation of credit scores and prices of crowdfunding offers. 

RTS, crowdfunding, regulation, credit scoring

Paymob raises USD 50 mln in Series B funding round

News | Online Payments | 09 May 2022

Egypt-based omni-channel financial services platform Paymob has announced is raised USD 50 million in a Series B funding round led by Kora Capital, PayPal Ventures, and Clay Point.

funding, crowdfunding, payment gateway, online payments, contactless payments, BNPL, QR payments, Tap-to-Pay, POS, digital wallet, digitalisation, credit card, card scheme

Neobank Open reaches USD 1 bln evaluation

News | Online & Mobile Banking | 02 May 2022

Google-backed neobank Open has reached the Unicorn status, making it the 100th Indian company to reach the USD 1 billion benchmark, through its latest funding round.

neobanks, SMEs, SME lending, Unicorn, funding, crowdfunding, product upgrade, product launch, startup, fintech

OneVest gets CAD 5 mln to help companies launch wealth management products

News | Payments General | 28 Apr 2022

Investment crowdfunding platform for startups OneVest raised CAD 5 million in seed funding to accelerate the growth of its wealth management offering.

funding, crowdfunding, API, financial services, wealth management, fintech

15-minute delivery service Food Rocket raises USD 25 mln

News | Ecommerce | 27 Apr 2022

US-based 15-minute grocery delivery service, Food Rocket, has announced it raised USD 25 million in a Series A funding round led by Alimentation Couche-Tard Inc. (ACT).

funding, crowdfunding, partnership, delivery, startup, artificial intelligence, product upgrade, ecommerce, online shopping, online platform, ecommerce platform

Online brokerage Stake receives USD 90 mln in funding

News | Ecommerce | 27 Apr 2022

Australia-based digital broker specialised in US stocks Stake has announced the completion of a USD 90 million fundraising round.

trade finance, funding, crowdfunding, online platform, trading platform, cryptocurrency exchange, cryptocurrency

MENA-based Zenda raises USD 9.4 mln for Pay Now, Pay Later proposition

News | Payments General | 26 Apr 2022

MENA-based fintech app for school fees, Zenda, has raised USD 9.4 million in a seed funding round led by STV, COTU, Global Founders Capital, and VentureSouq. 

BNPL, financial inclusion, payments , recurring payments, API, funding, crowdfunding

Fintech Qonto raises EUR 5 million in crowd investing round

News | Online & Mobile Banking | 25 Apr 2022

France-based fintech Qonto has announced raising EUR 5 million from its customers through a crowd investing round. 

investment, crowdfunding, SMEs, transactions , cash management

Circle applies for US bank charter

News | Cryptocurrencies | 25 Apr 2022

Stablecoin issuer Circle has announced it is in discussions with US regulators to become the fourth crypto-native company to open a federal trust charter through the Office of the Comptroller of the Currency (OCC).

stablecoin, regulation, funding, crowdfunding, AML, KYC, online payments, cryptocurrency, cryptocurrency exchange

Funding Circle founder raises USD 30 mln to launch new fintech venture

News | Online Payments | 25 Apr 2022

One of Funding Circle’s co-founders, a UK-based fintech has raised USD 30 million from blue-chip investors to create a new payments startup, Super Payments.

startup, online payments, payments , funding, crowdfunding, payment processor, fintech

NovoPayment receives Series A funding to expand full-stack banking API platform

News | Online & Mobile Banking | 20 Apr 2022

US-based startup NovoPayment has raised USD 19 million in Series A funding round co-led by IDC  Ventures and Fuel Venture, to expand its full-stack banking API platform.

expansion, funding, crowdfunding, API, online payments, online platform, BaaS, card scheme, payments infrastructure

Financial wellness platform Abhi raises USD 17 mln in funding

News | Payments General | 19 Apr 2022

Pakistan-based financial platform Abhi has raised USD 17 million in a Series A funding round, at an USD 90 million market evaluation. 

B2B payments, funding, crowdfunding, financial services, financial inclusion

Flink to set up debut date in Colombia, its second LATAM market

News | Online Payments | 04 Apr 2022

Mexico-based investment platform Flink has scheduled its anticipated debut on its second LATAM market, Colombia, for June 2022.

expansion, crowdfunding, funding, investment, trade finance, mobile payments, trading platform, online platform, fintech