Singaporean fintech Spenmo has raised US$34 million in a Series A investment round led by private equity and venture capital firm Insight Partners.
Scalapay announced that it has raised A$210 million in equity funding as part of their Series A investment round, led by Tiger Global.
Valuing African fintech Wave at $1.7 billion, the landmark Series A round was led by Sequoia Heritage, Founders Fund, Stripe and Ribbit.
One in four Middle East investment deals was made in the fintech sector, pulling nearly 30% of all the funding raised during the year.
Indian FinTech start-up Progcap has secured $25 million as part of its Series B investment led by Tiger Global and existing investor Sequoia Capital India.