Nigerian paytech Nomba raises $30m in pre-Series B round
Nigeria-based payment services provider Nomba has raised $30m in a pre-Series B funding round led by Base10 Partners. The firm plans to expand its...
Tarabut Gateway lands $32m in Series A funding
Dubai-based Tarabut Gateway, the first and largest open banking platform in the Middle East and North Africa (MENA), has raised $32m in a Series...
Algorithmic currency system Array raises $10m
Algorithmic currency system, Array, has secured a $10 million investment from Temasek Family in its second round of funding, valuing the company at over...
South Korea’s Kakao Pay eyes majority stake in Siebert
South Korean fintech Kakao Pay has acquired a 19.9% stake in US-based financial services firm Siebert Financial Corp for approximately $17 million, with plans...
IOUpay goes into voluntary administration over suspected fraud
IOUpay, a Southeast Asian fintech company, has placed its parent company into voluntary administration with PwC Australia due to a significant fraud discovery. The...
Axoni raises $20m in equity funding round led by EJF Ventures
New York-based fintech Axoni has raised $20m in an equity funding round led by EJF Ventures, with participation from Laurion Capital Management and Communitas...
ID Finance bags $30m debt facility to boost growth in Mexico
Spanish fintech ID Finance has secured a $30 million debt facility from SR Alternative Credit to support its consumer lending business in Mexico. The...
Pennyworth CEO says banking authorisation is “in sight” as start-up plots growth
Pennyworth Financial, a financial planning app, is about to complete its bank application process, according to co-founder and CEO Jeremy Takle.
FactsPennyworth Financial was...
Credit card start-up Yonder bags £62.5m in equity and debt funding
Yonder, a UK-based credit card fintech, has raised £62.5 million in equity and debt funding through a Series A funding round co-led by Northzone...
