E-commerce

Zaapi, a mobile app that enables small businesses to launch an e-commerce presence, has raised $4m in seed funding.

Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.

TabaPay, an instant money transfer platform, has received an investment from SoftBank Vision Fund 2.

PollenPay, the Manchester-based ‘Buy Now, Pay Later’ (BNPL) company has officially launched in the UK.

Australia-based BNPL provider Zip has entered into a definitive agreement to acquire rival Sezzle.

Philippines-based FinTech PayMongo, which enables merchants to accept digital payments, has raised $31m in Series B funding as it looks to expand regionally.

Saudi-based FinTech EdfaPay has raised $1.6m in a pre-seed round led by Nuwa Capital InspireUs VC and Wallan Investment Group.

Account-to-account payments platform Vyne has teamed up with Gr4vy, a cloud-native payment orchestration platform (POP), to give online merchants open banking payment infrastructure.

Amazon has reached a deal with Visa to continue accepting payments from its credit cards, after several months of tensions over rising transaction fees.

Banked, a global real-time payments network, has closed its Series A funding round on $20m.