Florence, the UK-based tech innovator for social care, announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care in the UK and multiple international markets, and to expand its services beyond elderly care. 

The Series B round was led by Axa Venture Partners with participation from Roo Capital and existing backers SEEK Investments.

KredX, India's largest supply chain finance platform, today announced the expansion of its services into post-shipment export financing with KredX Global Trade.  Through this new offering, the company aims to empower businesses and their trade partners to have quick, digital and collateral-free access to liquidity against their receivables at competitive market rates.

Motive Partners ("Motive"), a specialist private equity firm focused on financial technology, today announced the appointment of Caroline O’Connell as an Industry Partner.

Brazil’s Open Banking and Finance ecosystem will soon be the largest in the world, according to speakers at an industry event. Open Banking Excellence (OBE), the global centre of community and knowledge, driving change in Open Finance, gathered key players in the finance industry around its digital Campfire to celebrate the launch of payment initiation in Brazil and discuss the future ahead.

Arteria AI, an award-winning global leader in enterprise digital documentation, today announced it has received strategic investments from Citi SPRINT (Spread Products Investment Technologies), the strategic investing arm of the bank’s industry-leading Global Spread Products division, and BDC Capital.  

Unlimint, the award-winning global fintech company, announced that it has partnered together with Alipay+ to further expand its global online payment portfolio. This partnership will further strengthen Unlimint's global offering and open up new opportunities for eCommerce and online businesses worldwide, enabling them better reach the over 1 billion users of digital payment tools brought by Alipay+.

Sherpa CRM has joined forces with freemium platform Nordigen to enable clients to connect their bank accounts directly to their online tool. 

Asia's first decentralized NFT-Fi platform, SOLARR, announced today that prominent Hong Kong socialite, Yvette Yung, acclaimed philanthropist, Rowena Wan, and leading regulatory and compliance lawyer, Sherman Yan, have been appointed as advisors for the project.

• 48% of respondents are 'barely breaking even' when asked if their business is still profitable based on the increase of trade cost, with a further 20.2% stating that they're losing money.