Kenyan fintech Asilimia raises $2 million in a pre-seed round, plans to extend loans to MSMEs and expand in East Africa – TechCrunch

Kenya’s economy is powered by informal businesses, which contribute 33.8% to the country’s GDP and provide…

Indian e-commerce Udaan raises $250 million – TechCrunch

Indian commerce startup Udaan, which helps merchants secure inventory and working capital, has raised $250 million…

Indian social commerce Meesho raises $570 million at $4.9 billion valuation – TechCrunch

Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as…

Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform

Afriex lets users transfer money through stablecoins in less time and at a lower cost than…

Carbon-Accounting Startup Raises $11.5 Million From Atomico

Vaayu is a carbon-accounting tool specifically for the retail and e-commerce industries. The Berlin-based startup, founded…

E-commerce startup Fabric, led by Amazon vets, raises $140M at $1.5B valuation to pursue ‘absurd’ market opportunity

Fabric CEO Faisal Masud. (Fabric Photo). Fabric, a Seattle-based e-commerce technology startup whose leadership team includes…

Imaginary Ventures raises $500M to invest in retail, Web3

What does retail look like in Web3? That’s the question Imaginary Ventures–a four-year-old venture capital fund…

Raleigh fintech Finmark raises $6.5M from AmEx Ventures

Rami Essaid, CEO of Raleigh-based startup Finmark. Submitted RALEIGH Listen to our daily briefing: Finmark, a…

Kraken Ventures Raises $65 Million for Early Stage Fund to Invest Across the Crypto & Fintech Ecosystem

AUSTIN, Texas–(BUSINESS WIRE)–Kraken Ventures, an independent investment fund led by Kraken alumni targeting early stage companies…

Stori, a top Mexico fintech, raises $200M in financing

MEXICO CITY, Nov. 11, 2021 /PRNewswire/ — Credit card-led fintech Stori announced today that it has closed…

Fintech Startup “Able” Raises $3.2M Seed Round To Power The New Creator Economy Of Independent Creators, Freelance Warriors, Ecommerce Pros, Digital Nomads, And Artists Of All Kinds

A number of other investors comprised of seasoned entrepreneurs and content creators also participated, including founding…

Funding news: Aging-wellness startup lands $27M; fintech company Embed raises $60M pre-launch

The Modern Age team, with CEO Melissa Earner on far right, back row. (Modern Age Photo)…

Pakistani ecommerce logistics startup Rider raises $2.3 million seed

Karachi-based ecommerce logistics startup Rider has raised $2.3 million in a seed round led by Global…