Nigerian ethical credit-recovery fintech Bfree secures $1.7M, expands to Asia, Europe, South America and across Africa

Bfree, a Nigerian credit management fintech has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. Funds that participated in the latest round included 4Di Capital, Octerra Capital, VestedWorld, Voltron Capital, Logos Ventures, and […]

Covid live: Italy, Netherlands and Turkey report record daily cases as Omicron surges across Europe

Italy reports a record 189,109 new cases; Dutch authorities announce more than 24,000 new cases; Turkey reports record 66,467 casesMacron rebuke to unvaccinated citizens incurs anger in parliamentChina’s locked down cities pay price of zero-Covid strat…

Kaszek leads Z1’s latest round as it develops its bank app aimed at LatAm teens

The new capital will provide support as the company aims to grow 10 times over the next 12 months and add new features to enhance the financial inclusion and literacy of customers. 

Brazilian social commerce marketplace Facily quietly raises $366M in less than a year, now valued at $850M

Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year. Most recently, Facily closed on a $250 million Series D that was led by DX Ventures and Berlin-based Delivery Hero, with Citius as co-anchor investor. That investment values the startup at $850 […]

A wave of LatAm fintechs are laying down new global commerce rails

When it comes to e-commerce, the world is smaller than ever. Developing a new global financial infrastructure capable of supporting a world dominated by digital commerce is a massive challenge.