FinTech startup GIMO hits first close of Series A at $5.1 million

Pan African Multilateral Bank, African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced a major expansion of its engagement with the Caribbean Community (CARICOM), increasing its regional financing limit from US$3 billion over the next four years. The enhanced commitment builds on more than $750 million already disbursed across the region and a robust pipeline of over $2 billion in transactions currently under execution, signaling a decisive scale-up of support to governments and the private sector.

Silverflow successfully closed a $40 million (€37 million) Series B funding round, marking a major milestone as they approach one billion transactions processed

Vivox AI, a UK-based technology company building regulator-ready, atomic AI agents for AML, KYB/KYC and financial crime, has raised £1.3 million ($1.6 million) in its first funding round to accelerate product development and scale its enterprise platform.

YouLend, the leading global embedded financing platform for e-commerce, payment and technology platforms, today announces a multi-year financing partnership with Värde Partners, a global investment firm, to further expand its capital base in the United States. The financing is structured as a forward-flow agreement with potential for Värde to purchase up to $225 million in receivables originated by YouLend.

Propel Finance, the UK's fastest-growing asset finance lender, has announced a new strategic partnership with Onecom, one of the UK’s leading providers of business communications, connectivity and managed IT solutions, supporting thousands of SME and enterprise customers nationwide.

Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine debt fund manager, announced that it has made a R635m investment into Commercial Energy South Africa (“CESA”), a subsidiary of SolarAfrica Energy (“SolarAfrica”), a leading South African energy solutions provider, alongside co-investor, Greenpoint Capital. CESA holds commercial & industrial (“C&I”) solar and battery energy assets developed by SolarAfrica.