KKR backs Philippine B2B platform GrowSari
GrowSari, a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines, will receive $45m in Series C funding from global investment firm KKR.
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.
Berlin’s spend management app Moss hits $573m valuation
Moss, a Berlin-based spend management platform, has reached a €500m ($573m) valuation after the close of its Series B round on €75m.
India-based M2P Fintech scores Series C1 round
M2P Fintech, a financial infrastructure company based in India, has raised $56m in its Series C1 funding round.
BNI in Mayora take-over, taps into Indonesian digital banking growth
Indonesia’s state-owned Bank Negara Indonesia (BNI) is to acquire Bank Mayora, a report from Deal Street Asia has revealed.
Huawei launches mobile payments with Curve
Chinese giant Huawei has partnered with “financial super app” Curve to launch Curve Pay so Huawei customers can now make mobile payments via a digital wallet, a report by Finextra has revealed.
Iroquois Federal, Nymbus tie the knot to launch newlyweds banking solution
Illinois-based financial institution Iroquois Federal and banking tech vendor Nymbus have teamed to launch a new banking brand for newly married couples.
Mastercard launches virtual card for B2B payments
Mastercard has launched Mastercard Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.
PayTech Vartana launches following $57m seed raise
Managed checkout and buy now, pay later (BNPL) provider Vartana has launched following a $57m seed funding round.
Saudi Arabian FinTech Lean Technologies raises $33m
Saudi Arabian FinTech company Lean Technologies has raised $33m in an investment that was led by Sequoia Capital.
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