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.
