Xepelin raises $111 million in the latest round of funding

May 11th 2022
Chile-based B2B payments company Xepelin has raised $111 million in a Series B round of funding led by Avenir and Kaszek with participation from PayPal Ventures, Wellington, DST Global, Battery Ventures, MSA Novo, Endeavor Catalyst, FJ Labs, Picus, Amarena, Gunderson, Carlos Garcia, Cathay-Seaya Latam and Gilgamesh.

Mondu and Raisin Bank enable BNPL for business clients

May 6th 2022
The success of buy-now-pay-later in consumer markets has prompted payment companies to test the concept in commercial payments where it has the potential to solve the working capital and cash flow issues with SMEs. The initiatives provide much-needed competition to commercial cards which have been under attack for high interchange fees.