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, 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.
Brazil-based online lending solution provider Creditas has raised $260m in Series F funding, reaching a valuation of $4.8bn.
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, the post-purchase experience platform and delivery insurance provider, has closed a $200m Series B round, propelling the company to a $1.25bn valuation.
A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.
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.
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.
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 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.