African FinTech platforms that connect investors to international markets are on the rise. Leading the charge are a handful of Nigerian startups that have built apps that allow retail investors to access stock markets and foreign asset classes in markets like the U.S. and elsewhere....
Payments automation platform Plooto has raised $20 million in Series B funding. The company said in a Tuesday (Dec. 13) press release that it will use the new capital to grow its customer base, add new product lines, ramp up hiring and customize its offering...
Latin American open finance firm Syncfy has raised $10 million to broaden its customer base. The funding — a seed round led by Point72 Ventures — comes amid a boom in the use of digital payments in Latin America. “The positive response we’ve received from...
Moove has raised $30 million from a sukuk issuance to fund its entry into the UAE market. The Nigeria-borne vehicle financing platform announced the raise, which will be its first such issuance, in a press release on Friday (Dec. 09). A sukuk, sometimes known as...
In the past week, venture capital (VC) investors have been focused on European software developers. London-based VC firm One Peak announced on Tuesday (Dec. 6) that it had closed its third fund dedicated to growth-stage business-to-business (B2B) software companies in Europe and Israel. With a...
Tapline has secured €31.7 million in equity and debt in a pre-seed funding round. Out of the total, debt funding of €30 million ($33.5 million) was provided by Fasanara Capital. The remaining €1.7 million ($1.8 million) equity round was led by the V-Sharp Venture Studio...
PhonePe reportedly hopes to raise $1 billion as it tries to become a super app. The payments company — owned by the eCommerce firm Flipkart, which is itself owned by Walmart — is working with investors that include General Atlantic Tiger Global Management, Qatar Investment...
Bookkeeping solution provider Uplinq has raised $5.6 million in seed funding. This funding joins the $1.6 million it raised in a previously unannounced round, the company said in a Thursday (Dec. 8) press release. Uplinq will invest the new capital in marketing, sales, engineering and...
Restaurant management platform MarginEdge will expand its offering after raising $45 million. The company said Wednesday (Dec. 7) that this Series C round more than doubles its funding. It’s also happening at a time when new technology has become increasingly important as the restaurant industry...
