Trade Core secures $3m in round led by South Central Ventures

Serbia-based Trade Core has secured a $3m funding round led by South Central Ventures.

FX platform VertoFX said to raise $2m in seed round

VertoFX, a B2B foreign exchange and payment platform, has reportedly raised $2m in its seed round.

Indonesian bill-payment app Ayopop secures $1m Seed round

Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment with angel backers also participating.

STC Pay said to become Saudi Arabia’s first unicorn after close of new round

Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.

Brim Financial launches Brim eShop

Canadian FinTech company Brim Financial has expanded its offering with the launch of Brim eShop.

Mesh Payments said to raise $13m in funding round

Mesh Payments, which claims to be transforming corporate payments, has reportedly scored $13m in funding.

NewStore secures $50m Series B

Mobile retail platform NewStore has secured $50m Series B funding round led by Activant Capital.

Flow bags $16m to solve cross-border e-commerce problems

Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Hong Kong-based family office Fung Capital and Forerunner Ventures also participated.

Nium secures investment to support international growth

Nium, which helps businesses send, spend and receive money across borders, has secured an investment to support international expansion.

Viva Republica closes $40m funding from GIC, Sequoia China

South Korean-based Viva Republica has reportedly secured $40m in funding from GIC and Sequoia China.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

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