European spend management platform Moss raises $86 million

Berlin-based startup Moss announced earlier this week that it has closed a new $86 million Series B funding round (€75 million). The company offers corporate credit cards for small and…

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On a mission to be the ‘Affirm for B2B,’ Vartana secures $57M in debt, equity

While buy now, pay later startups have largely focused on the consumer, a growing group of them are now focusing on the B2B space. The premise behind that is that…

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The berserk pace of fintech investing outshines the global VC boom

The global startup fundraising boom has lifted nearly every sector you can name: Edtech took off during the pandemic, software in general got a lift, and even more risky and…

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Routefusion raises $10.5M round to simplify cross-border payments

Routefusion co-founders Colton Seal and Richard Scappaticci attempted to launch a neobank in 2016, but they ran into significant hurdles when trying to integrate with banks to help their customers…

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Revolut launches stock trading in the US

Fintech startup Revolut is rolling out stock trading in its app in the U.S. The company already lets you buy and sell shares if you’re a British user. And now,…

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QED Investors hires Gbenga Ajayi as partner to focus on investments in Africa

In a move rarely made by Western venture capitalists, QED Investors announced today that it has hired an African partner, Gbenga Ajayi. He will focus on Africa investments as part…

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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…

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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…

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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…

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