Atomic lands $40M in funding, just five months after its Series A, to connect banks and fintechs to consumers’ paychecks

Atomic, a provider of payroll APIs, has raised $40 million in Series B funding just five months after announcing its Series A financing. Mercato Partners and Greylock co-led Atomic’s latest…

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Shares raises $40 million for its social investment app

Shares has closed a $40 million Series A funding round led by Valar Ventures. The company has been working on a mobile app that lets you easily buy and sell…

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Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform

Sudo Africa, a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 million in pre-seed funding. San Francisco-based Global Founders Capital (GFC) led the…

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Australian fintech Zeller raises $100M AUD Series B at $1B AUD valuation

Zeller’s EFTPOS terminal. Image Credits: Zeller Zeller, the Australian neobank for SMBs, has raised a $100 million AUD Series B (about $72.7 million USD), doubling its valuation to more than…

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Fintech TAM explained by dating apps

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche…

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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of…

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As API-first startups multiply, GGV builds an index

When GGV Capital reached out and said that it had built an index of API-first companies, I was curious. Venture-built indexes of startups and other firms have proved useful tools…

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M-KOPA raises $75M as it clocks 2 million customers across four African markets

A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked; thus, they don’t have…

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Shark Tank India host Ashneer Grover resigns from BharatPe board amid turmoil at Indian fintech

Ashneer Grover, a founder and the public face of BharatPe, has resigned from the board and left the managing director position he held at the Tiger Global-backed Indian fintech startup…

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Fintech Roundup: More female founders in fintech? Yes, please

Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm,…

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