Tag: Tencent

France-based Lydia, which stylises itself as a “financial services super-app, has joined the growing list of FinTech unicorns, after a $100m investment brings its valuation to over $1bn.

China State Administration of Foreign Exchange has reportedly fined Tenpay, which is owned by Tencent Holding, for foreign exchange rules violations.

Expense management platform Jeeves has reached a valuation of $500m, after it closed its star-studded Series B round on $57m.

Brazil-based Cora, which provides entrepreneurs and business owners with banking services, has secured $116m in its Series B round.

Argentina-based money management app Ualá has reached a $2.4bn valuation after the close of a $350m Series D investment.

Philippines-based Voyager has reportedly collected $167m in its funding round for its digital payments platform PayMaya.

Enfuce, a European card-as-a-service (CaaS) platform, has scored €45m in its Series C funding round

European neo-broker BUX has scored $80m in a funding round to accelerate the company’s strong growth.

Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.

India-based business-to-business e-commerce platform Udaan has reportedly increased its valuation to $3.1bn after the close of a $280m Series D round. Capital was supplied by...