Venture capital firm Ribbit Capital recently bought a minority stake in a Jakarta-based digital bank Bank Jago, the country’s first fully digital bank, according to a report Monday (Oct. 4) by The Straits Times. Bank Jago has already teamed with ride-hailing app Gojek and online...
Last-mile FinTech lender Progcap closed a $30 million Series C funding round led by existing investor Tiger Global Management and new backer Creation Investments, with additional participation from Sequoia Capital India, according to a press release on Monday (Oct. 4). The India-based FinTech startup offers...
The Latin American eCommerce startup Merama has raised $225 million in Series B funding, bringing the value of its direct-to-consumer (D2C) financing business to close to $850 million. As Business of Fashion reported on Friday (Oct. 1), this funding follows the $100 million in debt...
The B2B payments platform VertoFX says it has raised $10 million in Series A funding to help expand the list of currencies on its platform. The London and Nigeria-based company allows small and medium-sized businesses to pay suppliers, focusing on emerging markets. As TechCrunch noted...
Money transfer startup TransferGo raised $50 million in a Series C funding round led by Elbrus Capital Fund III and Black River Ventures, according to reports on Thursday (Sept. 30). Participation in the round also included new investor Unlimint, with continued support from Hard Yaka,...
Legal tech platform ContractPodAi has raised $115 million in a Series C funding round led by SoftBank Vision Fund 2, according to a press release on Thursday (Sept. 30). The fresh infusion of capital will be used to grow the startup’s contract lifecycle management (CLM)...
With the close of an extended $110 million Series E funding round, small- to medium-sized business (SMB) financial services startup Konfío is now a Mexican unicorn valued at $1.3 billion, Bloomberg reported. As the country’s fourth unicorn, Konfío joins used-car seller Kavak, cryptocurrency exchange Bitso...
Buckle Corp, an insurance and credit provider for rideshare and delivery drivers and those who earn less than the average American wage, announced on Wednesday (Sept. 29) it raised $60 million through a Series B funding round. The round was led by Volery Capital Partners with contributions...
Highnote, the all-in-one platform for creating payment cards and embedded FinTech experiences to help small and medium-sized businesses grow, on Tuesday (Sept. 28) announced it has raised a combined $54 million from a Seed and Series A round. Oak HC/FT led the Series A and...
