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Indian commerce startup Udaan, has raised $200m via convertible note financing and an additional $50m as debt in a funding round in which new and existing investors participated, a report by TechCrunch has revealed.
Enfuce, a European card-as-a-service (CaaS) platform, has scored €45m in its Series C funding round
China’s State Administration of Foreign Exchange has reportedly fined Tenpay, which is owned by Tencent Holding, for foreign exchange rules violations.
Expense management platform Jeeves has reached a valuation of $500m, after it closed its star-studded Series B round on $57m.
Brazil-based Cora, which provides entrepreneurs and business owners with banking services, has secured $116m in its Series B round.
Argentina-based money management app Ualá has reached a $2.4bn valuation after the close of a $350m Series D investment.