August 7, 2025
South African Fintech Startup Hiking Secures $2 Million Seed Funding Innovative travel payment solutions for Africa's vibrant tourism sector. Funding Announcement Hiking, a promising fintech startup based in South Africa, has successfully raised $2 million in its seed funding round. CEO and co-founder Alon Stern confirmed the news on LinkedIn, expressing excitement over the support
August 7, 2025
Zype Secures Rs 90 Million in Latest Funding Round Mumbai-based digital lending startup Zype has successfully raised Rs 90 million in a new financing round. The funding was led by Japanese venture capital firm Unleash Capital Partners, with participation from existing investor Xponentia Capital. Funding Milestones This latest funding comes after Zype's substantial institutional round
August 7, 2025
The Top Venture Capital Funding Rounds of the Week in 2025 Stay informed about the largest startup financing offers in 2025 with our curated list of $100 million venture capital deals for American companies. Check out The Megadeals Crunchbase Card for more. Weekly Highlights of Major Funding Rounds This week marked significant activity in the
August 7, 2025
Visa Launches Fifth Cohort of Africa Fintech Accelerator Visa has officially opened applications for the fifth cohort of its Africa Fintech Accelerator program. This initiative is a high-impact, three-month program designed to support early-stage fintech startups across the continent. Program Overview This accelerator provides invaluable resources such as tailored training, expert mentoring, and access to
August 7, 2025
Zype Secures $10.2 Million in Series B Funding to Expand Fintech Services The Mumbai-based fintech startup, Zype, has successfully raised ₹90 crore (approximately $10.2 million) in its Series B funding round. This funding was led by the Japanese venture capital firm, UNLEASH Capital Partners, with participation from local investment company, Xponentia Capital. Zype plans to
August 6, 2025
Monzo Surpasses 13 Million Customers: Celebrating a Decade of Digital Banking Innovation British digital bank Monzo has proudly announced that it has surpassed 13 million customers as it continues to work towards its goal of providing a comprehensive financial management application for its clients. Rapid Growth and Customer Milestones As Monzo celebrates its 10th anniversary,
August 6, 2025
Fintech Startup Rillet Secures $70M in Series B Funding Rillet, a pioneering fintech company, announced on Wednesday that it has successfully raised $70 million in a Series B funding round. This investment was co-led by well-known venture capital firms Andreessen Horowitz and Iconiq Capital. Rapid Growth and Continued Investment This significant funding comes just 12
August 6, 2025
DPDZERO Secures $7 Million to Transform Debt Collection in India In a significant funding round, DPDZERO, a pioneering fintech startup based in Bengaluru, has successfully raised $7 million. The investment was led by OGM Venture Partners, focusing on innovative solutions in the Japan-based fintech space. Investor Participation and Funding Utilization This financing round saw notable
August 6, 2025
Alaan: Revolutionizing Expense Management in the Middle East Parthi Duraisamy faced significant challenges while working as a consultant in McKinsey's Dubai office, particularly regarding the acceptance of U.S. expense cards in the Middle East. This led him to develop Alaan, a platform that streamlines expense management for businesses in the region. Recently, Alaan raised $48
August 5, 2025
Bankx CEO, Ethan Kim, makes a presentation at the Plug and Play Tech Center in Silicon Valley, California, United States. (Bankx) Bankx Selected for Prestigious Plug and Play Tech Center Program Bankx, a South Korean fintech startup, has announced its selection for the renowned Plug and Play Tech Center program in Silicon Valley. This accelerator
August 5, 2025
Handwave Secures $4.2 Million to Revolutionize Payments with Palm Technology Funding Round and Investors Startup Handwave has successfully raised $4.2 million in seed financing aimed at launching its innovative payment and identity solutions based on palm recognition technology throughout Europe and the United States. This funding round was led by regional investors, including Practica Capital,
August 4, 2025
MEST Africa Challenge 2025: Empowering Fintech Startups Across the Continent The Meltwater Entrepreneurial School of Technology (MEST) has announced the opening of applications for the 7th edition of the MEST Africa Challenge (MAC) 2025. This pan-African pitch competition is designed to support high-potential startups by providing both funding and essential resources to help them thrive.
