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Checkout.com raises $450 million and reaches $15 billion valuation

TechCrunch

Payments company Checkout.com is raising once again. The company has closed a $450 million Series C round with Tiger Global Management leading the round — Greenoaks Capital and all existing investors are also participating. According to the startup, it is now the fourth-largest fintech company globally.

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South African digital bank TymeBank lands $109M from UK and Philippines investors

TechCrunch

We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. and Philippines. The investors for this unnamed round include Apis Growth Fund II, a private equity fund managed by Apis Partners, and Gokongwei-owned JG Summit Holdings, one of the largest conglomerates in the Philippines.

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E-commerce fulfillment platform Shippit raises $22.2 million led by Tiger Global

TechCrunch

million USD) Series B led by Tiger Global, with participation from Jason Lenga. The company’s Series B, which brings its total raised since 2017 to $41 million AUD, will be used to expand in Southeast Asia and double its total team by hiring 100 new people, including 50 software developers. .

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Indonesian fintech Xendit is now a unicorn, with $150M in fresh funding led by Tiger Global

TechCrunch

Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B.

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Railsbank, the Banking-as-a-Service, raises $37M in growth funding

TechCrunch

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Railsbank raises $10M Series A for its open banking and compliance platform.

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Jakarta-based fintech Akulaku raises $200M from Japan’s largest bank

TechCrunch

Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment. Founded in 2016, its target is to serve 50 million users by 2025.

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Cloud kitchen startup CloudEats raises more capital to ramp up Southeast Asian expansion 

TechCrunch

A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . The cloud kitchen market in Asia is projected to grow at 14.2% billion by 2030 , up from $15.2

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