Funding Rounds

Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed.

South African payments company Yoco has secured $83m in its Series C, which it claims to be the largest single investment raised by a small business-focused payments platform in the Middle East and Africa.

Creatio, a low-code software for process management and CRM, has netted $68m in a growth funding round.

Pyramid Analytics, a decision intelligence platform provider, has closed a Series E funding round of $120m, exceeding the target by $20m.

Tel Aviv-based data analytics platform for commercial insurance underwriting Planck has reportedly raised $20m in a new growth round.

Vero Technologies, a leading wholesale financing technology and loan servicing platform, has celebrated the completion of its $8.5m Series A funding round.

upSWOT, which helps financial institutions improve services to small and medium enterprises, has bagged $4.3m in its seed round.

Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.

Challenger bank Zopa raised a £20m round led by IAG Silverstripe to help the firm further expand its footprint.

Stenn, a digital financing platform for global SMEs, has secured $50m from an equity funding round with US investor Centerbridge to hit a valuation of $900m.