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Quona Capital, an emerging markets venture capital firm, has closed its Fund III at $332m, which it plans to use to fund financial inclusion in emerging markets.
Colombia-based Buy Now, Pay Later (BNPL) FinTech Addi has raised $200m of debt and equity financing to power its Latin America expansion plans, a report by FinTech Futures has revealed.
Receivables marketplace Monkey has reportedly collected $6m in its Series A funding to help double its team.
Nigerian FinTech company Cowrywise has reportedly raised $3m in its pre-Series A round, which was led by Quona Capital.
Sharia FinTech platform Alami Technologies has allegedly raised more than $20m in a mixture of debt and equity.
Mexico-based challenger bank Klar has reportedly bagged a $15m Series A funding round, which was led by Prosus Ventures.
Thai InsurTech startup Sunday has raised $9m in a pre-Series B round led by SCB 10X, the venture capital arm of the Siam Commercial Bank.