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ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

TechCrunch

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raised $22.5 ShopUp has raised about $28 million to date. A young entrepreneur is building the Amazon of Bangladesh.

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Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

The company has raised $3.4 The plan for the company is to provide merchants with access to accounts, cards, local payment networks and lending. This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh.

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Chaldal, Bangladesh’s largest grocery delivery platform, raises $10M Series C

TechCrunch

When Chaldal launched in Dhaka eight years ago, it first picked up orders from local grocery stores. Chaldal Wants To Become The Amazon Fresh Of Bangladesh’s Capital. The round was led by Taavet Hinrikus, co-founder of Wise; Topia chief product officer Sten Tamkivi; and Xploration Capital, with participation from Mir Group.

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South Africa’s Talk360 raises $4M to build single payment platform for Africa

TechCrunch

This product, it says, will open up businesses to the largest pool of localized payment options in Africa. South Africa, Zimbabwe and Bangladesh are some of the markets where the calling app is widely used. MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast.

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Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

TechCrunch

The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year). At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said.

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South African startup Talk360’s seed funding hits $7M after new backing

TechCrunch

Months after the initial close of its seed round, Talk360 , a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million. South Africa’s Talk360 raises $4M to build single payment platform for Africa. seed funding.

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Twinco Capital scores €3M for its supply chain finance solution

TechCrunch

Twinco Capital , a Madrid and Amsterdam-based startup making it easier to access supply chain finance, has raised €3 million in funding. Exporters in countries like Bangladesh, China or Vietnam that have been supplying European companies for years, with stable commercial relationships.