Funding Rounds

Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.

Retail app builder Poq has bagged ?3.5m in its latest funding round, following the company revenue tripling after one year.

Cloud-based video security solution Verkada has bagged $80m in its Series C round which brings its valuation to $1.6bn.

Novus World, a banking app that claims to make everyday spending a force for good, has surpassed the target of its crowdfunding campaign.

BimaPay Finsure has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line. 

Cybersecurity company Valence Security has raised $25m in Series A funding to scale the delivery of its SaaS Security Remediation Solutions to customers.

Airtel Africa continues its funding spree with it reportedly closing a fresh $200m investment from Qatar Holding, an affiliate of sovereign wealth fund Qatar Investment Authority.

Nosso, which is helping parents invest and plan for their children’s financial futures, has bagged $2.8m in capital.

SheerID, a digital verification platform provider, has closed a $18m Series B round to fund its move into new market segments, including financial services.

UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.