SME Finance

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.

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.

MarketFinance bags £100m debt line to increase UK lending capacity

MarketFinance, which working capital offers UK SMES, has received a £100m debt line from Deutsche Bank to help more SMEs access working capital.

Experian to acquire Brazilian FinTech MOVA

Experian, the global consumer credit reporting company, has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A, a Brazilian FinTech.

MONET unveils revenue management platform for creators

London-based revenue management Fintech MONET, has launched in beta its revenue-based lending platform for creators, powered by embedded finance specialist Weavr.

Xepelin secures $111m to champion Latin American SMEs

Xepelin, a payment platform and business financial services for small to medium sized enterprises (SMEs) in Latin America, has raised $111m in Series B funding.

Citi backs Crowdz for SME financing

SME finance platform Crowdz has secured $10m in investment, led by Citi and Global Cleantech Capital, to expand its ability to bring accessible working capital to small businesses.

Archa pulls in $25m to back small business

Australian FinTech Archa has raised $4m in a funding round and $20m in a debt funding facility to accelerate its growth and product offering.

News Stories

Stripe valued at $70bn in new Sequoia Capital deal

Stripe valued at $70bn in new Sequoia Capital deal

In a strategic move, Sequoia Capital has reportedly extended an offer to its investors to buy shares in Stripe, a leading payments company it initially supported nearly 14 years ago, according to a report from Axios.
Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech OCN, formerly known as OneCarNow, has successfully secured $86m in a Series A funding round, according to a report form Bloomberg.
EBA launches consultation on new MiCAR reporting guidelines

EBA launches consultation on new MiCAR reporting guidelines

The European Banking Authority (EBA) has announced a public consultation on new draft Guidelines intended to standardize reporting requirements under the Markets in Crypto-assets Regulation (MiCAR).
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG International has recently launched the Clear on Climate Reporting Hub, an innovative platform designed to offer valuable insights and guidance on corporate reporting of climate-related matters.

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