Monneo and Kantox partner for banking-beyond-borders
Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.
Majority of UK credit card holders plan to use BNPL in 2022
Research by Splitit has found that 54% of UK credit card users plan to use buy now, pay later (BNPL) services this year.
How LendTechs are transforming loan access for SMEs
Cross-border payments platform Currencycloud recently examined how embedded finance could transform the loan accessing process for SMEs.
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.
Overwhelming majority of firms to prioritise cross-border commerce in 2022
A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.
B2B e-commerce app Chari secures bridge round
Morocco-based B2B e-commerce FinTech startup Chari has closed a bridge round of funding which could see it reach a $100m valuation, according to a report from Disrupt Africa.
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.
Global Processing Services extends recent fundraise by over $100m
Global Processing Services (GPS) has extended its recent $300m investment round, which now sits at more than $400m.
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