Senegal and Côte d’Ivoire focused FinTech Wave Mobile Money raises €90m
Wave Mobile Money, a FinTech company that operates in Senegal and Côte d’Ivoire, has reportedly raised €90m debt funding.
Adaptive secures $7.25m to handle financial admin of construction companies
Adaptive, a startup on a mission to save construction teams time and money, has raised $7.25m in a seed round led by Andreessen Horowitz (a16z).
Revolut adds Stripe amid global expansion
UK FinTech giant Revolut is to use Stripe, a financial infrastructure platform for businesses, to support payments in the UK and Europe and accelerate its expansion into new markets.
Payment solution for on-demand workers Sonovate closes £165m securitisation deal
Sonovate, a developer of embedded finance and payment solutions for the contingent workforce, has bagged £165m in a securitisation deal.
Small business payment management solution Finli scores $6m
Payment management platform Finli has collected $6m in its seed funding round, which was led by Urban Innovation Fund.
UK FinTech giant Revolut launches in-person POS services
UK FinTech giant Revout has launched its first hardware device as it moves into the in-person payment solution market.
Raylo raises €7.5m for the “responsible evolution of BNPL”
Raylo, a London-based subscription payment platform, has raised €7.5m.
Swedish bill splitting app Steven exceeds crowdfunding target
Bill splitting app Steven has closed its crowdfunding campaign above its initial target of €600,000.
Challenges ahead for cross-border commerce
UK-cross border retail has declined by 71%, according to research by payments platform Adyen.
Mexican FinTech company UnDosTres scores $30m round
Mexico-based payments platform UnDosTres has reportedly collected $30m in its Series B funding round, which was led by IDC Ventures.
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