SingX secures $4.5m, launches in Malaysia, Hong Kong
Singapore-based SingX has raised $4.5m in its second round of funding and expands its services to Malaysia and Hong Kong.
InstaReM holds $20m first close for Series C
Asia-based cross-border payments company InstaReM has held the first close of its $45m Series C round.
PatientPay secures $6.15m in new growth financing round
Healthcare payments startup PatientPay has secured $6.15m in growth financing to enhance its omni-channel patient payments platform.
STC Pay said to become Saudi Arabia’s first unicorn after close of new round
Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.
Nigerian FinTech firm Flutterwave lands unicorn status after $170m funding
Africa-focused FinTech company Flutterwave has raised $170m in a Series C round pushing the company’s valuation at more than $1bn.
Mobile-payments platform Mamo Pay said to raise $8m in pre-Series A funding
Mamo Pay, which simplifies the process of sending and receiving payments, has reportedly collected $8m in its pre-Series A funding round.
B2B payments provider Reserve Trust notches $30.5m to drive next stage of growth
FinTech trust company Reserve Trust, which has a Federal Reserve master account, secured a $30.5m Series A investment in a round led by QED Investors.
Overwhelming majority of firms to prioritise cross-border commerce in 2022
A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.
Nigerian challenger bank Kuda launches in the UK
Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.
Intermex and Visa join forces to revolutionise money transfers globally
International Money Express, a leading omnichannel money transfer services company, and Visa, a global pioneer in digital payments, have announced a significant collaboration.