E-commerce

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, 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.

Route, the post-purchase experience platform and delivery insurance provider, has closed a $200m Series B round, propelling the company to a $1.25bn valuation.

A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.

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.

CUNA Mutual Group, a broad financial services provider, and CarSaver, an automotive e-commerce marketplace and FinTech platform, have partnered to launch the industry's first online marketplace and FinTech e-commerce platform for credit unions.

Managed checkout and buy now, pay later (BNPL) provider Vartana has launched following a $57m seed funding round.

Payments network Affirm and FinTech Verifone have entered into a partnership that will make Affirm’s flexible payment options widely available on Verifone’s eCommerce and card-present payment solutions.

San Francisco-based Seel, which offers insurance for e-commerce companies, has raised $17m in Series A funding, bringing its total funding to $23.6m, according to a report from TechCrunch.

Amazon has shelved its plans to stop accepting Visa credit cards and is instead working on a “potential solution” to allow customers to continue using them.