Tag: Tencent

Indian commerce startup Udaan, has raised $200m via convertible note financing and an additional $50m as debt in a funding round in which new and existing investors participated, a report by TechCrunch has revealed.

Chinese tech company Tencent has taken a small stake in online bank Monzo, as part of a $100m top-up following its recent $500m funding round led by Abu Dhabi Growth Fund, a report from Sky News has revealed.

Tyme, a digital banking group aimed at emerging markets, has closed its Series B funding round on $180m

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