Kenyan fintech Zanifu nabs $1M to bridge MSME financing gap, eyes Ghana, Uganda expansion
Kenyan fintech Zanifu is set to upgrade its platform and grow the number of micro, small and medium enterprises (MSMEs) it extends stock-financing to after securing $1 million in Seed…
Read More »Philippines ‘buy now pay later’ startup BillEase scores $11M Series B
Buy now pay later (BNPL) startups are proliferating around the world and the Philippines is no exception. Today, one of the country’s biggest BNPL providers, BillEase, announced it has raised…
Read More »Pinwheel raises $50M Series B at $500M valuation for its income verification APIs
Six months after its $20 million Series A, payroll connectivity platform Pinwheel just announced that it has nabbed another $50 million in a round led by new investor GGV Capital. …
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Spendesk is the fifth French startup to reach unicorn status this month
Fintech startup Spendesk is announcing that it has raised an extension to its Series C round. Tiger Global is investing $114 million (€100 million) in the startup. Following today’s funding…
Read More »Ugandan lender Asaak raises $30million to support acquisition of motorbikes, smartphones by taxi operators
Asaak, a Ugandan asset financing startup, has secured $30 million in pre-Series A equity and debt funding. The round saw the participation of new and existing investors including Resolute Ventures,…
Read More »Fintech and insurtech innovation in Brazil set to take off on regulatory tailwinds
Brazilian instant payment system Pix ended 2021 having powered more than 8 billion transactions, according to statistics from the country’s Central Bank. This is quite an impressive figure for an…
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Arc wants to build the de facto finance solution for SaaS startups
There’s financial technology (fintech) companies out there targeting all sorts of different segments of the population, as well as companies at various stages of growth. A new company recently emerged…
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Meet Paysail, the startup making B2B payments faster using crypto
Companies use invoices to pay for many of their major costs, ranging from materials to contract work. Most still rely on solutions built on top of bank transfers or credit…
Read More »Jakarta-based investment app Pluang raises $55M led by Accel
Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. This is a follow-on to its Series B and brings that round’s total to $110 million….
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Fintech Brex confirms $12.3B valuation, snaps up Meta exec to serve as its head of product
In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion. TechCrunch in October was…
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