Earnipay raises $4M to help employees in Nigeria get faster access to their salaries – TechCrunch

Earnipay, a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed financing led by early-stage venture capital firm Canaan. Participating investors include XYZ Ventures, Village Global, Musha Ventures, Voltron Capital, Ventures Platform and Paystack CEO Shola Akinlade. Earnipay, which has been in beta since September 2021 and only…

SME lender Funding Societies raises $144M led by SoftBank Vision Fund 2, plus $150M in debt lines – TechCrunch

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than…

Unit CEO Itai Damti and Flourish’s Emmalyn Shaw to explain fundraising strategies on TechCrunch Live – TechCrunch

Itai Damti co-founded Unit in 2019 to help businesses integrate banking services into their consumer products. In 2020, Emmalyn Shaw, as Flourish’s managing partner, invested in Unit’s Series A round, and later, in the company’s B round. We’re excited to host both of them on an episode of TechCrunch Live taking place on February 16…