Rho raises $75 million Series B for its one-stop corporate spend and cash management solution

Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round led by Dragoneer Investment Group. Participants included existing investors Inspired…

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Affirm spinout Resolve raises $25M in Insight Partners-led round to grow B2B buy now, pay later offering

Resolve, which specializes in “buy now, pay later” capabilities for B2B transactions, announced today that it has raised $25 million in equity funding. The investment comes just months after the…

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Mambu nabs $266M at a $5.5B valuation to double down on embedded financial service and banking APIs

Embedded finance — where companies tap into APIs to integrate banking and other financial tools without having to build everything themselves from the ground up — has been one of…

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Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service

Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop online and conserve cash. Though BNPL has…

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Klarna launches browser extension with payments and coupons

Fintech startup Klarna is launching a desktop browser extension that provides many of the features that you can find in the company’s mobile app — but on your computer. In…

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Accounts payable automation startup Tipalti raises $270M, quadruples valuation to $8.3B

Tipalti, once a fintech unicorn, is now nearing decacorn status. The company, which automates accounts payables for mid-market companies, announced today that it has raised $270 million in a Series…

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Lydia grabs another $100 million for its European financial super app

Just a few weeks after announcing stock and crypto trading, French fintech startup Lydia is announcing that it has raised a $100 million Series C round. With this funding round,…

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Visa hopes its new crypto consulting arm will help it become cooler than its competition

The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients…

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Kenya’s president signs new law to police digital lenders, apps have six months to apply for licenses

In the past decade, numerous mobile lending apps have been launched in Kenya, riding on the growing need for quick loans. However, these startups have been operating in an unregulated…

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Hummingbird lands $30M to bring design thinking to anti-money laundering investigations

Hummingbird, which sells anti-money laundering software to banks and fintechs, announced today that it raised a $30 million Series B led by new investor Battery Ventures. Existing investors Flourish and…

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