Online B2B payments firm PayMongo has raised $31 million in a Series B funding round led by JAM Fund, a venture capital firm led by Tinder co-founder Justin Mateen. According to media reports Tuesday (Feb. 22), the company will use the funding to boost its...
Credrails, a startup working on aggregating financial data in Africa, is set to close its $2.5 million funding round this month with backing from SoftBank, Bloomberg reported Monday (Feb. 21). Co-founder Clara Wanjiku Odero said the company was working with several customers in Kenya and...
Dowsure Technologies, a FinTech startup which helps facilitate cross platform selling, announced Monday (Feb. 21) that it has closed a Series B round for $20 million. Dowsure is based in Shenzhen, China, and works on cross-border eCommerce, providing “unified” lending experiences. Some of the companies...
Indian business-to-business (B2B) platform Agrim, which works for agri-inputs, has raised $10 million in a Series A round, according to a Friday (Feb. 18) press release. Agrim is working on a digital platform for the $50 billion agri-input industry in India, connecting retailers with manufacturers...
Siam Commercial Bank has made a $100 million strategic investment in Indonesian banking and digital finance platform Akulaku that will help the company continue its expansion across Southeast Asia, according to a press release Tuesday (Feb. 15). Akulaku — which already has a presence in...
Zilingo Pte, a Singaporean state-backed provider of tech services used by companies that make and sell clothing, is looking to raise $150 million to $200 million, Bloomberg reported, citing unnamed sources. The company started as the operator of a fashion marketplace targeting customers across Southeast...
London-based FinTech Nous on Friday (Feb. 18) closed a 7.9 million euros ($8.9 million) fundraising round that will expand its service offering to help more households across the region deal with the cost-of-living crunch. Mosaic Ventures led Nous’ funding effort with participation from more than...
Supply chain software company Convictional on Thursday (Feb. 17) announced it has wrapped up a $40 million Series B fundraising round. The company plans to use the funding to accelerate its product innovation, expand its sales and marketing efforts and broaden the reach of its...
Freterium, a Morocco-based transport management software provider, has raised $4 million in seed funding, the trucking logistics tech startup announced in a Thursday (Feb. 17) press release. The Software-as-a-Service (SaaS) company was launched two years ago, and its transportation management software product is designed to...
