Skio raises $3.7M to help brands on Shopify sell subscriptions

Skio, a startup that aims to take the pain out of selling subscriptions for brands on Shopify, has raised $3.7 million in a seed funding round. Kennan Davison, an engineer who previously worked at Hulu and Pinterest, founded the startup in April. He describes Skio as a fintech and an infrastructure company as a pivot […]

Indian fintech giant Razorpay valued at $7.5 billion in $375 million funding

Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product offerings. The Bangalore-headquartered startup, which is a market leader in payments processing in India, said Sunday evening it has raised $375 million in its Series […]

Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million. The […]

Indonesian fintech Flip secures $48M in Series B to support expansion

Flip, an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip’s total capital raised to $65million.  Sequoia Capital India, Insight Partners and Insignia Ventures Partners co-led the Series B round. Flip is Insight Partners’ first investment in Indonesia.  The startup plans to […]

Visa hopes its new crypto consulting arm will help it become cooler than its competition

The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients and partners under its Visa Consulting and Analytics (VCA) arm. The news comes just a few months after Cuy Sheffield, Visa’s head of crypto, declared […]

MarketForce partners with Cellulant to expand in five new markets across Africa as it races to cover continent

MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja — its retailer ‘super app’ that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses. The startup has today […]

Mexican BNPL player Kueski secures $202M in debt & equity as it nears $100M+ in ARR

Kueski, a Mexico City-based “buy now, pay later” and online consumer lender, announced today it has secured $202 million in equity and debt funding. StepStone Group (which recently acquired Greenspring Capital) led the $102 million equity round and Victory Park Capital led the $100 million debt financing. StepStone was joined by other new investors including […]

India’s Simpl raises $40 million for its buy now, pay later service

Bangalore-based fintech startup Simpl has raised $40 million as it looks to expand its online buy now, pay later service’s offerings in the world’s second-largest market. Valar Ventures and IA Ventures led the six-year-old startup’s Series B round. LFH Ventures and some existing investors also participated in the round, said the startup, which has raised […]

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.