Financial

San Francisco-headquartered SaaS startup Zomentum, which has an R&D centre in Bengaluru, has raised $13 million in a Series A funding round from Elevation Capital,...

China’s ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg News reported on Saturday. The discussions,...

Ecommerce platform Hypd announced it has raised an undisclosed sum from Indian media portal ScoopWhoop in its pre-seed round.  Launched in November 2020 by Innov8 founding partners Ashwarya...

SafePay, a fintech firm based in Pakistan, announced that it has raised a seven-figure investment in a new financing round.   More funding details   Lead investors: Stripe...

Online furniture retailer Pepperfry has raised 350 million rupees (US$4.8 million) in debt funding, according to a statement by the company.   More funding details   Returning investor: InnoVen Capital,...

Web accessibility solution provider AccessiBe said it has completed additional funding from US-based K1 Investment Management, bringing the total capital raised in its series A round...

Foreign exchange markets are where investors get to trade in foreign currencies. It is otherwise known as forex or currency exchange and is the...

LAGOS, Nigeria, February 11, 2021/APO Group/ -- Ecobank Nigeria (“ENG” or “the Bank”) (www.Ecobank.com/ng), a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational...

ABIDJAN, Ivory Coast, February 11, 2021/APO Group/ -- The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank (www.AfDB.org) have jointly...

ABIDJAN, Ivory Coast, February 12, 2021/APO Group/ -- The African Development Bank’s (www.AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) program has agreed a...

TUNIS, Tunisia, February 12, 2021/APO Group/ -- The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has...

Online payment gateway, PayFast has launched a new merchant-financing service in partnership with local fintech lender, Retail Capital, called Easy Advance. The service is...