KreditBee, one of India’s leading fintech platforms, has secured USD 80 Million as a part of its ongoing Series-D investment round. The current investment saw active participation from existing investors Azim Premji’s Premji Invest, Motilal Oswal Alternates, TPG-backed NewQuest Capital Partners, and Mirae Asset Ventures. The round also saw participation from MUFG Bank, one of the largest financial institutions in the world.

actyv.ai, a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has appointed two more advisors – R A Sankara Narayanan and Dr Ravi Duvvuru to advise the company on organisation building as well as ensure a strong regulatory and compliance foundation.

Paydock, the payments orchestration platform, has partnered with a major Australian banking group The Commonwealth Bank of Australia (CBA) to launch PowerBoard, a uniquely simple solution for a merchant’s technology integrations, payments, and fraud prevention needs.  

The pioneers of cashback and rewards in Australia, savings platform Shopa Group today announces the launch of its Equity Crowdfund campaign with Equitise.

GLMX Technologies LLC (“GLMX”), a comprehensive global technology solution for trading Money Market instruments, including repurchase agreements and securities lending transactions, yesterday eclipsed $1 Trillion in daily balances for the first time. These balances represent the trading activity of some of the largest global financial institutions which utilize GLMX technology to negotiate and execute securities financing transactions (SFTs).

Paymentology, the world’s first truly global issuer-processor, is today proud to announce its support of customer Tweeq, a leading Saudi Fintech, on being among the first in the Kingdom to achieve an e-money license from The Saudi Central Bank (SAMA).

Iain Armstrong, Regulatory Affairs Specialist at ComplyAdvantage:

Viva Capital Funding, LLC ("Viva"), a leading invoice factoring specialty finance company, today announced the closing of $85.0 million in two bank credit facilities; consisting of $45.0 million for factoring and $40.0 million for land banking. This transaction follows a successful $18.5 million investment-grade rated corporate note financing completed by the Company in June 2022. Proceeds from the new facilities will be used by Viva for general corporate purposes and to support the continued growth of the business. 

The fintech sector continues to grow at an astonishing rate. As one of the most dynamic and exciting industries on the planet, new fintech startups launch almost every day, and tech titans such as Amazon and Google are going all-in on the space.

CyVers is a leading provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains. The company has announced $8 million in funding led by Elron Ventures. This funding is joined by Crescendo Venture Partners, Differential Ventures, HDI, Cyber Club London, and Cyber Future.