Wayapay launches remittance app for immigrants from Africa
Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.
FinTech investment comes roaring back with 46 deals this week
Following three weeks of relatively modest investment in the FinTech sector, this week saw almost 50 deals reported on by FinTech Global in a red-letter week for capital.
Andreessen Horowitz backs cross-border PayTech Payall
Payall, a bank processor for cross-border payments and international money transfers, has closed a $10m seed round led by Andreessen Horowitz (a16z).
Axle Payments rebrands, closes Series B for financial enablement
Axle Payments, a financial enablement platform for the freight and logistics industry, has rebranded to Denim. Alongside this, it closed its Series B on $126m.
Majority bags $37.5m to expand banking offering to US migrants
Majority, a mobile bank for migrants, has scored $37.5m in a Series B funding round headed by Valar Ventures.
Kafene bags $18m to serve the underbanked
Kafene, a digital platform helping merchants offer flexible lease-to-own (LTO) financing options has raised $18m in Series B funding.
Bitmama bags $2m pre-seed
US and African-based blockchain payments startup Bitmama has raised an additional $1.65m in its pre-seed round, bringing the total raised to $2m.
Instalments-as-a-service Splitit bags AUD 10.5m
Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.
Bolt cancels Wyre $1.5bn acquisition
Online checkout company Bolt has reportedly cancelled its $1.5bn deal to acquire cryptocurrency infrastructure provider Wyre.
Chile-based payment platform Xepelin secures $140m loan
Chile-based Xepelin, a payment platform for business and financial services for SMEs in Latin America, has reportedly received a $140m loan from Goldman Sachs.
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