Dubai’s Tarabut Gateway collects $25m in seed and pre-Series A round
Dubai-headquartered Tarabut Gateway has closed its seed round and Pre-Series A funding round on a combined total of $25m.
France-based Pennylane collects €50m
France-based Pennylane, a full-stack financial management platform, has collected €50m in its Series B, as it looks to bolster its development efforts.
Medius and OnPay to strengthen AP automation
Medius, a provider of accounts payable (AP) automation solutions, has acquired OnPay Solutions, an invoice payments provider, for an undisclosed sum.
Xepelin secures $111m to champion Latin American SMEs
Xepelin, a payment platform and business financial services for small to medium sized enterprises (SMEs) in Latin America, has raised $111m in Series B funding.
Construction invoice loan company Constrafor raises over $100m for seed round
Constrafor, an invoice and contract management SaaS platform built for the construction industry, has raised over $100m for its seed round.
Capchase secures $400m to empower SaaS businesses
Capchase, a New York-based provider of non-dilutive capital, has raised more than $400m in additional debt financing, and launched an analytics tools to help software-as-a-service (SaaS) founders make real-time financial decisions for their business.
Tiger Global backs Jodo’s vision for India’s education payments
Jodo, a Bangalore-based FinTech that helps families pay tuition fees, has raised $15m in Series A funding.
Cash management FinTech Jiko bags $40m
Jiko, a cash management FinTech, has raised $40m in Series B funding to empower businesses of all sizes to store their cash in higher yielding spendable T-bills.
Argentinian PayTech startup Pomelo extends Series A
Argentinian PayTech startup Pomelo has extended its Series A funding round by $15m, which has increased its valuation by 50% in the last nine months.
The next revolution: could Gen AI bring RegTech into a new age?
The rise of AI has been an ongoing and slow-burning process for a number of years now. While the technology is disruptive by nature, the recent introduction of ChatGPT by OpenAI has taken the world by storm.