ShopUp and Sary combine to form Silq, raising $110M (TWIF 4/12)

FNZ, a global wealth management platform, secured $500 million in new capital funding to accelerate its platform growth.

Silq, a B2B commerce firm with a financing arm, created through the merger of ShopUp, Bangladesh’s largest business-to-business commerce platform, and Sary, one of the Gulf’s biggest marketplaces, raised $110 million.

Sipay, a Turkish payment processor, raised $78 million to into emerging markets.

Pennylane, a French accounting software provider, doubled its valuation to $2.2 billion with a €75 million raise.

Rain, a Los Angeles-based earned wage access provider, raised a $75 million Series B.

Ethic, a sustainable asset manager, raised a a $64 million Series D.

Juspay, a payment orchestration platform, raised a $60 million Series D to scale its digital payments infrastructure in India.

Hawk, an anti-money laundering, screening and fraud prevention platform, raised a $56 million Series C.

Blackbirdraised $50 million for its blockchain-based payment and loyalty app tailored for restaurants.

Scapiaraised $40 million to grow its travel fintech offerings.

Easebuzz, an Indian a payments aggregator platform, secured $30 million in funding to launch offline payment solutions.

TransFICC, a London-based provider of low-latency connectivity and workflow services for fixed income and derivatives markets, raised $25 million to expand its fixed-income trading fintech platform.

CAP, an interest-bearing stablecoin initiative, raised $11 million.

Alinea Invest, a Gen Z investment platform, raised $10.4 million.

Wallet Studio, which transforms wallet cards into access points, received an $8 million investment.

Ryftraised $7.3 million to expand its embedded payment solutions.

Miss Moneypenny Technologiesraised €7 million for its SaaS wallet studio platform.

DealStack, co-founded by an ex-Kirkland partner, secured $5.5 million to streamline legal deal processes.

Haball, a Pakistani supply chain financing company, raised $5 million in pre-Series A equity and $47 million in debt to digitize B2B payments in Pakistan.

Paxraised $4.5 million in seed funding to build AI-powered duty drawback solutions.

Damisaraised £2.25 million to simplify stablecoin-powered cross-border payments.

Firefishsecured $1.8 million in seed funding to grow its Bitcoin-backed lending platform.

Sats Terminalraised $1.7 million to simplify and scale Bitcoin DeFi services.

Plume, a real-world asset platform, received investment from private equity giant Apollo.

Mynt, a spend management platform, attracted investment from Visa to enhance its offerings.

Yonderreceived investment from NatWest to support its fintech services.

Ripplingentered early talks to raise funding at a $16 billion valuation amid a spy drama involving the company.

Symphonic Capital, a fintech and healthcare venture capital fund launched by Precursor Ventures alums, raised their debut $13.5 million fund.