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Embedded finance platform Railsr has closed its Series C round, raising USD 46 million consisting in USD 26 million of equity and USD 20 million of debt.
embedded finance, funding, banking, ecommerce, fintech
US-based Upgrade, a fintech that offers credit and mobile banking to mainstream consumers, has announced that it raised a USD 280 million Series F round at a USD 6 billion pre-money valuation.
mobile banking, credit scoring, cashback, Bitcoin
BNPL, investment, funding, expansion
Railsbank, the global Banking-as-a-Service (BaaS) platform, has raised USD 37 million as part of continued equity funding to support its global growth and product expansion.
Railsbank, funding, banking-as-a-service, expansion, embedded finance
Alternative lender Upgrade has raised a USD 40 mln Series D funding round from investors including Santander InnoVentures.
upgrade, Santander, Santander InnoVentures, US, funding, extended credit, alternative lender, non-bank, loans, credit cards, Union Square Ventures, Ribbit, Vy Capital, Silicon Valley Bank, Ventura Capital, Uncorrelated Ventures, financial crisis
Singapore-based cross-border payments startup Wallex has raised funding in a Pre-Series A led by BEENEXT, the amount being undisclosed.
Wallex, Singapore, startup, cross-border payments, BEENEXT, multi-currency wallet, API, SMEs, online payments
Australia-based cross-border payments company Airwallex has closed its Series B round with USD 80 million in funding to expand operations globally.
Airwallex, cross-border payments, funding, foreign exchange
Thailand has joined the ASEAN Venture Council (AVC) as Indonesia formally entered in August 2016.
Thailand, ASEAN Venture Council, Indonesia, Singapore, financial, ecommerce, venture