Klasha, a San Francisco and Lagos-based technology company transforming cross-border African commerce, announces an additional $2.1 million fundraising - to complete its $4.5 million seed round. 

The funding round included Amex Ventures - its first investment in an African-focused startup.  Klasha’s funding round also included Global Ventures, a leading MEA-focused venture capital firm.

ECOMMPAY, a leading international payment service provider and direct bank card acquirer with its own fintech ecosystem for business growth, has appointed Francisco Mainez as its Head of Financial Crimes and Payments Digital Transformation.

It’s well known that employers are determined to keep their best and brightest employees, particularly those who work the hardest and contribute the most. With 24/7 connectivity nearly everywhere globally, finding time away from the demands of a stressful job is becoming more and more difficult. It is often a challenge for those in the highest demand to get a decent amount of time off to rest and recuperate properly – both physically and mentally – never more so than in the world of financial services. 

Allica Bank, the fintech challenger bank for established SMEs in the UK, today announced their successful go-live on the leading cloud banking platform, Mambu. 

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, is pleased to announce it has progressed across multiple categories in the Global Banking Platform Deals Survey 2022, published by leading research and advisory firm Forrester.

Founded in June 2021 by Jordane Giuly, the former co-founder of Spendesk (the spend management platform recently valued at over €1.5B), Morgan O’hana, and Marc-Henri Gires, Defacto provides seamless and instant financing to small and medium enterprises (SMEs).

Apple to Launch Buy Now Pay Later Feature

Apple revealed a "buy now, pay later" service for iPhones at  Worldwide Developer Conference. 

Apple's BNPL service will compete with Klarna, ClearPay, and Affirm by offering a four-month interest-free loan on Apple Pay payments. It's also partnering with Shopify to help users track their orders in Apple Wallet. 

Trulioo, the leading global identity verification company, today announced the release of a major product update to GlobalGateway, the company's award-winning platform, that includes innovations in Anti-Money Laundering (AML) watchlist and proof of address offerings, and upgraded Know Your

Money20/20, Europe’s largest fintech show, taking place in Amsterdam, kicked off today with a show-stopping line-up of inspirational speakers.