B2B Payments

Global B2B payment platform, Thunes, has successfully augmented its series C funding round. Established with a mission to tackle the challenges of international money transfers, Thunes is developing a new-generation payment system designed to be secure, instantaneous, and transparent.

Volt, an open payments gateway, has scored $23.5m in its Series A round, which will help it expand into new countries.

Volume, which stylises itself as the transparent checkout startup, has scored $2.4m in its oversubscribed pre-seed funding round.

SellersFunding has reportedly raised $166.5m in a sizable Series A round, which will bolster its international growth.

The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.

Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.

French FinTech iBanFirst has successfully raised €21m ($23.8m) in a Series C round, but things could reportedly have gone very differently.

Ebury, a global financial technology firm specialising in international transactions, has partnered with AS Monaco FC, one of France’s most prestigious football clubs, for the 2024-2025 Ligue 1 season.

B2B payments company TransferMate has collected €21m in its latest line of financing to support its global expansion.

FinTech in Africa is on the rise. The latest sign is DPO Group noticing a 35% spike in digital transactions during Black Friday in South Africa.