OZÉ secures capital for African small business
OZÉ, the FinTech startup which provides digital recordkeeping tools with embedded finance products to MSMEs across West Africa, raised $3m in an oversubscribed pre-Series A round.
Citi and Viola Credit back Defacto’s SME lending with €167m
French FinTech firm, Defacto, a leading provider of loans to small and medium-sized enterprises (SMEs) via an API, has recently closed a significant securitisation fund.
Commercetools bags $145m funding round
Commercetools, an API ecommerce platform, has collected $145m in a funding round from venture capital and private equity firm Insight Partners.
Encompass secured grant from Scottish Enterprise
KYC automation software creator Encompass has scored £1.97m in a research and development grant from Scottish Enterprise.
Theta Lake – Best Practices for Protecting Confidential Information During Video Communication & Collaboration
Tech company Theta Lake has published a whitepaper to help businesses remain compliant whilst still leveraging the power of video conferences.
Fvndit has secured a $30m investment
California and Vietnam-based FinTech company Fvndit has secured $30m in a round led by Accial Capital and Variant Investments.
CyberTech Rumble lands $15m Series A funding
Rumble, a company that sells technology to help defenders monitor exposed attack surfaces, has raised $15m in Series A financing.
Brazil-based Nexoos said to raise $530k pre-Series A
Brazil-based P2P SME lender Nexoos has reportedly raised around $530,00 in pre-Series A funding.
Bank of England and MIT partner for CBDC research
The Bank of England has teamed up with the Massachusetts Institute of Technology (MIT) for a 12-month research project around central bank digital currency (CBDC).
Banking app Dave scores $100m alongside new partnership
Dave, a banking app that aims to democratise the financial ecosystem, has bagged $100m as part of a new strategic partnership with West Realm Shires Services, which owns FTX US.