MFS Africa raises funds for its payments-without-borders vision
Digital payments network MFS Africa has raised $100m in Series C funding, marking another milestone in the company’s expansion.
Productfy collects Series A to expand its list of partnerships and integrations
Productfy, a banking as a service platform that offers embedded financial products, has raised $16m in its Series A funding round.
Accenture report reveals banking’s untapped potential
According to a recent report from global professional services company Accenture, banks could increase annual revenues by almost 4% by embracing innovative business models of digital-only banking and financial services.
QI Tech lands $50m Series A funding to better serve Latin America
Brazil-based QI Tech, a FinTech that provides a range of financial services through APIs, has raised $50m in Series A funding.
Accrue Savings reels in $4.7m from seed funding raise
Consumer savings platform Accrue has inked $4.7m from a seed funding round led by Twelve Below.
Freelancer-focused neobank Lili snares $55m in Series B round
New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.
FinLync hits $16m close of its latest funding round
FinLync, which claims to be transforming corporate finance and treasury offices, has closed its funding round on $16m.
Mercury Financial closes on warehouse facility in its financial inclusion mission
US-based financial inclusion technology company Mercury Financial has closed a $400m warehouse facility.
HoneyBook secures $250m Series E to advance offering to growing independent workforce
US-based financial management platform for independent service-based businesses Honeybook has raised $259m in Series E equity funding.
BNPL firm equipifi bags $3m seed to extend market footprint
Arizona-based buy now, pay later (BNPL) company equipifi has raised $3m from a seed funding round led by New Stack Ventures.