KKR backs Philippine B2B platform GrowSari

GrowSari, a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines, will receive $45m in Series C funding from global investment firm KKR.

OZÉ secures capital for African small business

OZÉ, the FinTech startup which provides digital recordkeeping tools with embedded finance products to MSMEs across West Africa, raised $3m in an oversubscribed pre-Series A round.

Creditas lands funding amid Latin American FinTech boom

Brazil-based online lending solution provider Creditas has raised $260m in Series F funding, reaching a valuation of $4.8bn.

Meet Everything, the FinTech bringing premium bonds to Gen Z

UK-based startup Everything, which is reinventing premium bonds, has raised €2m from a group of angel investors, on its mission to create a better financial experience for younger generations.

Route joins unicorn club in third year of operation

Route, the post-purchase experience platform and delivery insurance provider, has closed a $200m Series B round, propelling the company to a $1.25bn valuation.

Overwhelming majority of firms to prioritise cross-border commerce in 2022

A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.

B2B e-commerce app Chari secures bridge round

Morocco-based B2B e-commerce FinTech startup Chari has closed a bridge round of funding which could see it reach a $100m valuation, according to a report from Disrupt Africa.

Huawei launches mobile payments with Curve

Chinese giant Huawei has partnered with “financial super app” Curve to launch Curve Pay so Huawei customers can now make mobile payments via a digital wallet, a report by Finextra has revealed.

CarSaver and CUNA team up for auto finance solution

CUNA Mutual Group, a broad financial services provider, and CarSaver, an automotive e-commerce marketplace and FinTech platform, have partnered to launch the industry's first online marketplace and FinTech e-commerce platform for credit unions.

Mastercard launches virtual card for B2B payments

Mastercard has launched Mastercard Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.

News Stories

Kin Insurance retreats from IPO

Home insurance platform Kin Insurance has agreed to terminate its planned merger with special purpose acquisition company Omnichannel Acquisition Corp, due to “unfavourable market conditions”.

Sanad Cash – the latest Saudi Arabian FinTech to close funding in 2022

Sanad Cash, a Saudi Arabia-based on-demand payment and spend management platform, has scored $1.6m in its seed round.

SaaS provider for asset allocation T-REX gets claws on $40m

T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.

Simplisafe teams with Aviva to offer bolstered insurance protection

Security firm Simplisafe has teamed with insurance company Aviva to help businesses reduce the severity or prevent costly insurance claims on their premises.

Mollie joins forces with Chargebee to streamline subscription payments

Dutch payment service provider Mollie has partnered with subscription management platform Chargebee to help simplify subscription payments.

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