Guazi.com nets over $400m in Series B funding round
China-based C2C car trading platform Guazi.com has netted over $400m in its Series B financing round.
MyCash Online bags $556,000 through crowdfunding app pitchIn
Malaysia-based MyCash Online has reportedly raised around $556,000 through crowdfunding app pitchIN.
Shopmatic lands $5.7m in Series A funding round
Singapore-based B2B e-commerce enabler Shopmatic has reportedly raised $5.7m in its Series A funding round.
Telr picks up $3m for emerging markets payments gateway
Payments gateway startups Telr has picked up $3m in a Series B round led by Innovation East Funds.
Ant Financial boosts global reach with HelloPay acquisition
Ant Financial is continuing to make its presence felt outside of the Chinese market with the acquisition of Lazada’s payments arm HelloPay. The financial terms of the deal are undisclosed.
Flow bags $16m to solve cross-border e-commerce problems
Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Hong Kong-based family office Fung Capital and Forerunner Ventures also participated.
Klarna buys German payments firm BillPay from struggling Wonga
Swedish e-commerce payments firm Klarna is buying German payments player BillPay from UK payday lender Wonga. The price of the deal is reportedly around the £60m mark.
LatiPay nabs $3m to connect China to New Zealand merchants
Auckland, New Zealand-based payments firm LatiPay has raised $3m in its Series A round as it looks to enter new markets.
Turkish payments service provider iyzico nabs $13m
Turkish online payments processor iyzico has raised $13m in a Series C round led by Vostok Emerging Finance. Existing backers IFC and local investor 212 also participated.
SatoshiPay grabs £700,000 for bitcoin micropayments
Bitcoin-based nanopayments solution SatoshiPay has raised £700,000 in a new round led by Blue Star Capital.
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