Tag: FMO

Moniepoint, a Nigeria-based business payments and banking services platform, has secured an investment from Visa, a global leader in digital payments.

TBC Bank Uzbekistan (TBC UZ), the country’s leading mobile-only bank, has secured a $10m loan from the European Bank of Reconstruction and Development (EBRD).

Paymob, a trailblazer in the MENA financial services sector, has recently announced a substantial $22m extension to its Series B funding, culminating in a robust $72m total for the round.

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.

Validus, headquartered in Singapore, has announced a new partnership with HSBC, establishing a $50m debt facility aimed at bolstering financial inclusion for micro, small, and medium enterprises (MSMEs) in Indonesia.

01Fintech, a growth stage private equity firm specialising in financial technology across Southeast Asia, has announced a significant $20m investment in Validus. 

NeoGrowth, a Mumbai-based digital lender focussing on medium to small enterprises, has raised $36.2m in a Series D equity round.

India-based commerce platform Innoviti Payment Solutions has collected $45m in its Series D round.

dopay, a B2B2C payments platform aimed at unbanked workers, has scored $18m in its Series A, as it capitalises on rising demand for cashless payroll.

TeamApt, which provides financial services to the underserved market in Africa, has closed its Series B round to help support more consumers in Nigeria.