Pakistani fintech start-up Abhi raises $17m in Series A funding
Funds will be used to expand its team and build out marketing capabilities.
Funds will be used to expand its team and build out marketing capabilities.
James Phillips joins Stripe after a decade at Microsoft.
Ant Group will become a majority shareholder of 2C2P.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The round was led by Blossom Capital and saw participation from Maki.vc and Brightly Ventures.
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
GoSolo aims to streamline the application process for opening a UK business account as a non-resident.
Stenn CEO Greg Karpovsky says: “A lack of access to finance is stunting the growth of SMEs around the world.”
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Embedded finance has already started to streamline financial processes in both consumer and business commerce.
Stark Bank, named for founder and CEO Rafael Stark, focuses on high-growth start-ups and enterprises in Brazil.
The firm has acquired Chile’s Paygol and Colombia’s Pago Digital.
The firm previously secured $150 million in a Series B round in July 2021.
The new funds will be spent on developing new products and significantly increasing its staff headcount.
Worldline holds a 51% stake in the new entity, with ANZ holding the remaining 49%.
Signicat CEO says: “We now look forward to the next phase of our international expansion.”
The Mosaic platform was launched in 2019 and is designed to ‘reboot’ financial planning and analysis.
The extension brings the company’s total Series C funding to $135 million.
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
Yokoy has now raised more than $107 million in total capital to date.
The transaction is expected to be completed in the second half of 2022.
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
Alkami intends to integrate Segmint’s machine learning tech with its digital banking capabilities.
The company’s vision is to become “India’s most profitable, tech-driven, B2B SME fintech player”.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
The Series C comes just seven months after the company’s $57 million Series B funding round.
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
The US’s sixth largest independent acquirer has snapped up the long-standing merchant gateway specialist.
SignalFire founding partner Ilya Kirnos will also join Argyle’s board of directors.
Novel Capital allows entrepreneurs to leverage their recurring revenue to access non-dilutive capital.
Unbanked has attracted nearly $1.5 million from 1,500+ investors so far. The round closes on 26 April.
The latest investment takes Bazaar’s total capital raised to more than $100 million.
The acquisition will enable Chari to launch buy now, pay later (BNPL) services.
Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.
IDS is expected to generate revenues worth approximately $15 million in 2022.
Stax has grown 500% in the past three years and processed more than $23 billion in payments.
The deal is expected to close by the end of Q1 2022.
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.