Ofbusiness news and trends

Oxyzo Financial Services Snags Largest Indian Startup Series A at $200M
Investments // March 23, 2022

Oxyzo Financial Services, the lending division of New Delhi-based business-to-business (B2B) commerce startup OfBusiness, raised $200 million in the largest Series A funding round for an Indian startup, according to a report in The Economic Times Wednesday (March 23). Oxyzo became a unicorn in the...

Today in Payments Around the World: Unicorn Sightings Across Africa, EML Adds Open Banking  
International // September 30, 2021

Today in payments around the world, VertoFX raises $10 million to expand currencies on its platform, and Ofbusiness’ B2B platform is valued at $3 billion. Plus, Andela‘s recent funding round makes it the sixth unicorn in Africa, and EML Payments acquires Sentenial to push into...

Ofbusiness B2B Platform Reaches $3B Valuation
B2B Payments // September 30, 2021

B2B platform Ofbusiness has reached a $3 billion valuation after recently closing a $200 million funding round, according to a Business Today report on Thursday (Sept. 30). Ofbusiness’ Series F fundraising effort, which was led by Tiger Global, puts the company at double its $1.5...

Fundbox, Tipalti Tip The B2B Payments VC Scales
Investments // September 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured...