Digital ledger Bazaar banks $30m in largest Series A round in Pakistan
Karachi-based e-commerce marketplace Bazaar has raised $30m in Series A round, the largest for any Pakistani startup.
Bookkeeping app Khatabook fetches $100m, announces ESOP buyback worth $10m
India-based FinTech startup KhataBookhas raised $100m in Series C funding, at a valuation of $600m.
Klarna expands European presence with Poland launch
Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.
Moss extends its Series A, increasing its valuation to $264m
Moss, a financial management platform, has collected $29m in its Series A extension, coming six months after the initial round close.
Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds
A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.
Revolut unveils earned wage platform to provide instant money access
UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
Enable reels in $45m from Norwest-led Series B
Cloud-based software solution Enable has secured $45m from a Series B funding round led by Norwest Venture Partners.
Nearly £2bn lost annually by online retailers due to lack of available payment methods
A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.
Hapi unveils app to help parents provide nest egg for children
UK FinTech startup Hapi has launched a new app that is designed to aid parents in planning and investing for their children’s future.
Vietnamese FinTech Timo taps Mambu to push brand expansion
Ho Chi Minh-based digital bank Timo has teamed with software-as-a-service banking platform Mambu to scale its business.