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SUNRATE Closes Series C Funding Round, Led by SoftBank Ventures Asia
Fintech company SUNRATE, which offers global payment and treasury solutions for business clients, closed Series C round financing, led by SoftBank Ventures Asia, joined by new investors Banyan Pacific Capital (BPC), TDF Impact Investment, and previous investors Redpoint China, JAFCO Asia, China Growth Capital, and K2VC.
In 2021, SUNRATE’s total payment volume and revenue both increased by over 2.5 times. The company has been profitable since 2020. Its core products are global payment and treasury solutions, including gateway of multiple payment methods and foreign exchange risk management SaaS platforms. The company continues to empower its business clients in their global business development, by co-operating with large clearing banks, commercial banks, and card schemes.
Post financing, SUNRATE will further speed-up growth by investing into people and talents, enhancing products and services by staying customer centric, as well as continue its Pan-Asia strategy with more geographic expansion and localization.
Companies In This Post
- Tencent Cloud Powers iyzico’s European Expansion with Secure, Scalable Payment Infrastructure Read more
- GTT Integrates Insurants AI to Power Insurance Data Intelligence Across Regulated Markets Read more
- The Paytech Magazine Issue #18 Read more
- Napier AI Targets Critical Gaps in AML with Launch of Insights AI, Tested in FCA Supercharge Sandbox Read more
- Apex Group Unveils New Research on AI Adoption Across Private Credit Read more
Uzum Secures Over $130 Million in Strategic Investment Led by the Sovereign Entities of the Sultanate of Oman
Uzum, Uzbekistan’s leading digital ecosystem, is pleased to announce the closing of a strategic investment exceeding $130 million
Orca Fraud Raises $2.35m to Scale Real-Time Fraud Intelligence Across Emerging Markets
Orca Fraud has raised $2.35 million in an oversubscribed seed round to advance its transaction monitoring and fraud intelligence capabilities across Africa
Payment Fintech Njiapay Closes $2.1 Million Seed Investment
Payment performance partner NjiaPay has closed a $2.1 million seed funding round
DataWollet Closes £1.3m Pre-Seed Investment, With Female Angel Investors Leading the Way
DataWollet has successfully closed an oversubscribed pre-seed round, raising £1.3million.
Ualá Raises $195M in Funding Round Led by Allianz X to Scale its Financial Ecosystem Across Latin America
Ualá, the Latin American neobank, has raised $195 million in equity financing led by Allianz X
Afreximbank Raises Caribbean Community (CARICOM) Financing Cap to $5 Billion to Accelerate Regional Transformation
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 Closes $40 Million Series B as It Nears One Billion Transactions Annually
Silverflow successfully closed a $40 million (€37 million) Series B funding round, marking a major milestone as they approach one billion transactions processed
Tencent Cloud Powers iyzico’s European Expansion with Secure, Scalable Payment Infrastructure
At Mobile World Congress (MWC) 2026, Tencent Cloud, the cloud business of global technology company Tencent, announced a collaboration with iyzico, a leading Turkish fintech company, to support iyzico’s European expansion and the launch of its first cloud-based production platform in the region. Built on Tencent Cloud’s IaaS infrastructure, the deployment reflects its growing role in supporting regulated financial institutions across Europe’s fintech ecosystem.
GTT Integrates Insurants AI to Power Insurance Data Intelligence Across Regulated Markets
With a vision to develop India-built data and AI platforms for global deployment, GTT Data Solutions Ltd (“GTT”), a BSE-listed global data engineering and AI platform company, has integrated Insurants AI Limited, a specialist in insurance data intelligence, analytics, and harmonisation that focuses on enabling intelligent data management, automation, and decision intelligence for enterprises across insurance, banking, and other highly regulated sectors. This move strengthens GTT’s insurance technology capabilities across the U.S., UK, Europe, India, and APAC, positioning the company as a provider of next-generation insurance data and intelligence solutions.
The Paytech Magazine Issue #18
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Napier AI Targets Critical Gaps in AML with Launch of Insights AI, Tested in FCA Supercharge Sandbox
Napier AI, a global leader in AI-powered financial crime compliance solutions, announces its latest AI innovations are available in product Insights AI, a new capability within their Transaction Monitoring solution designed to close critical gaps in anti-money laundering (AML) investigations. This follows extensive testing in the Financial Conduct Authority (FCA) Supercharged Sandbox.
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Loan Servicing Enters the AI Agent Era as Chaseit.ai Scales Toward 30,000 Calls a Day
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