
Hello Fintech Friends,
Thank you to Benjamin Dada for the great writeup - featuring stories from NALA (Tanzania), Moni (Nigeria), Numida (Uganda), Lami (Kenya), Zeepay (Ghana), Thndr (Egypt), and more.
Now let’s dive in.

Please find another week of fintech financings and exits below.
Editor’s Note: If you’re an early-stage startup founder raising equity or debt, we may be able to help - please see our primer for more details and reach out to [email protected].
Don’t miss out on 30,000+ meetings at Fintech Meetup! There’s less than 3 weeks left to get your ticket to the world’s largest fintech meetings event. Join for the easiest way to meet and create opportunities with thousands of Fintechs, Investors, Banks, Credit Unions, Networks, Payments Companies, Retailers & Merchants, Media and many others! Virtual, March 22-24. Get Ticket Now

Want to sponsor a newsletter? See our sponsorship information here.
💼 Open Role Spotlight
Come find your place on the team at the most inspiring fintech startups! Browse open roles on This Week in Fintech’s job board.
Driving the news this week:
💸 Venture Financing
FNZ, a wealth management platform, raised $1.4 billion in new equity.
GoCardless, a UK direct bank payment provider, raised a $312 million Series G at a $2.1 billion valuation.
Tonik, a Filipino neobank, raised a $131 million Series B.
Alma, a French buy-now-pay-later provider, raised a €115m Series C.
Vivid Money, a German neobank, raised €100 million at a €775 million valuation.
Railsbank, a UK banking-as-a-service provider, is raising $100 million at a valuation over $1 billion.
Qredo, an infrastructure developer for defi, raised an $80 million Series A at a $460 million valuation.
Selina, a UK provider of home equity line-of-credit loans, raised a $35 million Series B and $115 million in lending debt.
Loanstreet, a loan management and analysis company, raised a $25 million Series B.
Rewire, an Israeli mobile banking platform, raised $25 million.
Slyp, an Australian rich receipts data app, raised $25 million from four Australian banks.
Taxfyle, an online tax filing accountant marketplace, raised a $20 million Series B.
Thndr, an Egyptian stock investing app, raised a $20 million Series A.
OpenNode, a bitcoin payment provider, raised a $20 million Series A.
Sardine, which provides fraud and compliance services for fintechs, raised a $19.5 million Series A.
Rift Finance, a liquidity provider to DAOs, raised $18 million.
Qlub, a Dubai payment solution provider for restaurants, raised $17 million in seed funding.
Daffy, a payments platform for charitable giving, raised a $17 million Series A.
Midas, a Turkish retail investing platform, raised $11 million in funding.
Pypl, a UAE-based blockchain payments firm, raised an $11 million Series A.
Neo.Tax *, a business tax management app, raised a $10 million Series A.
Streetbeat, a free investing and cryptocurrency trading app, raised $10 million in seed funding.
Brick, an API to create open finance in Southeast Asia, raised an $8.5 million seed investment.
Fintern, a UK low-ticket consumer lender, raised £8 million.
Infina, a Vietnamese investment app, raised a $6 million seed round.
Primex Finance, a decentralized prime brokerage liquidity protocol, raised $5.7 million in seed funding.
ComplYant, a digital tax assistant for small businesses, raised $5.5 million in seed funding.
Revere, a capital markets network for real estate investing, raised $5 million.
Highline, an overdraft and bill payment tool, raised $4.5 million in seed funding.
Addition Wealth, a financial wellness platform, raised $4.2 million.
Goodbill, a medical billing and payments platform, raised $3.4 million.
AiVidens, a Belgian predictive financial health platform, raised €1.5 million.
Duplo, a Nigerian B2B payment flow enabler, raised a $1.3 million pre-seed.
Grey, a Nigerian foreign exchange provider, received backing from Y Combinator.
Klarna, the buy-now-pay-later giant, is considering a round at a $60 billion valuation.
💵 Debt Financing
Keo World, a Latin American B2B buy-now-pay-later provider, raised $500 million in debt capital.
☯️ Exits
💻 IPOs & SPACs
Brazilian cross-border payments firm Ebanx is delaying its IPO to the second half of the year due to market volatility.
byNordic Acquisition Corporation, a fintech SPAC, priced a $150 million IPO.
Oldenburgische Landesbank, a German bank owned by a private equity consortium, is eyeing a €1 billion IPO this year.
🤝 M&A - Fintech
Branch, a Kenya-based mobile lending company, acquired a controlling stake in Century Microfinance Bank.
Wealth management app Betterment acquired crypto robo-advisor Makara.
Corporate travel payments platform Tripactions is acquiringComtravo, a Europe-focused travel management company.
DNA Payments, a UK vertically-integrated payments provider, is acquiring card acceptance solution Card Cutters.
ID verification platform Trulioo will acquire Danish no-code KYC service HelloFlow.
Indian payments processor Razorpay entered Southeast Asia via its acquisition of Malaysian fintech Curlec.
The Commonwealth Bank of Australia will acquire a 20% stake in local account-to-account payment tool Paypa Plane and invested in rent-to-own startup OwnHome.
DriveWealth will expand into facilitating crypto trading through its acquisition of Crypto-Systems.
🏦 M&A - Bank and FinServ
Private equity firm Carlyle is in talks to acquire credit and lending firm CBAM Partners.
What does the BNPL boom mean for consumers who default? At TrueAccord, with data from helping more than 16 million consumers, we wanted to better understand debt trends, repayment performance and consumer preferences and gain insight into the BNPL phenomenon and its long-term outlook. Download the report to learn more.

Want to sponsor a newsletter? See our sponsorship information here.
🌎 Fintech Around the World
📚 Deeper Reads


