Ivory Coast-based PayTech Bizao scores $8.2m Series A
Ivory Coast-based FinTech company Bizao has reportedly received $8.2m in its Series A funding round.
Instagram embeds payment services through Meta Pay
Social media platform Instagram has embedded payments through the support of Meta Pay.
Visa and Y Combinator-backed Bloom raises $6.5m
Sudan-based Bloom, a FinTech which offers financial products aimed at improving the lives of East Africans, has raised $6.5m in a seed round.
Australian FinTech startup mx51 scores $32.5m
Australian FinTech company mx51 has reportedly raised $32.5m in its Series B funding round.
WebBank invests $250m into digital financial solution dev Avant
WebBank will invest up to $250m into digital financial solution developer Avant, as part of a securitisation deal.
Stori becomes the latest FinTech unicorn in Mexico
Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.
Flywire snaps up Cohort Go
Flywire, a global payments enablement and software firm, has completed the acquisition of Cohort Go, which is an international education payments provider.
FPL Technologies becomes India’s newest FinTech unicorn
FPL Technologies, which offers a metal credit card under the OneCard brand, has reportedly become India newest unicorn.
Klarna blames worst market in 50 years for 85% drop in valuation
Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.
Kadmos raises €29m to revolutionise salary payments
Kadmos, which offers an end-to-end salary payments platform for cross-border employers, has bagged €29m in its Series A funding round.
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