UK SME loan provider Allica Bank closes ?55m Series B
UK business challenger bank Allica Bank has secured ?55m in fresh funding, just seven months after closing ?110m in its Series B.
VEON backs Dastgyr for Pakistani e-commerce
Dastgyr, a Pakistan-based B2B e-commerce marketplace platform, has raised $15m in Series A funding led byVEON Ventures.
Mastercard to support Ukranian startups
Mastercard has launched a start path initiative that has been designed for Ukrainian FinTechs and entrepreneurs to enable Ukrainian startups to contribute to the rebuilding of the country’s economy.
Nigerian buy now pay later service CredPal raises backing from CASF
Nigerian FinTech buy now, pay later service CredPal has received an investment from the Cairo Angels Syndicate Fund (CASF).
Financial product service for gaming devs Sanlo bags Series A
Sanlo, which provides financial services to gaming and app companies, has collected $10m in its Series A, alongside the launch of a $200m investment fund for game developers.
Garentii lands €1.9m to change the future of renting
Garentii, a Germany-based security deposit replacement insurance MGA, has raised €1.9m in seed funding led by Greenlight Re.
B2B BNPL service Mondu surpasses $43m in its Series A
German buy now, pay later platform Mondu has scored $43m in its Series A funding round, which was led by seasoned FinTech investor Valar Ventures.
4-month-old FinTech NAKAD closes $7m investment
India-based NAKAD, a FinTech founded earlier this year, has reportedly collected $7m in seed funding.
Auto loan refinancer Caribou joins unicorn club
Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.
Klarna could face $30bn down round
European FinTech giant Klarna is reportedly about to suffer a valuation drop of $30bn as it seeks fresh investment.
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