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Concerto snags $21.2M to bring co-branded credit cards to more brands

Co-branded rewards programs like Amex’s longrunning Delta partnership are a major factor in consumers’ credit card decisions. According to a GigaPoints/Ipsos poll, over half of Americans say that earning points makes them want to use their credit card more often. In a separate survey (conducted by Finder), close to a third of respondents said that they’ve used a credit card solely to rack up rewards points. But building these...

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Churpy raises $1 million to help enterprises reconcile and manage payments across Africa

Churpy, a fintech startup based in Kenya, is looking to expand across Africa by setting up hubs in Egypt, Nigeria and South Africa for a planned continent-wide growth, driven by the $1 million in seed funding it just raised. The account receivables automation startup is out to change how businesses manage the debt owed to them by their customers through its SaaS product, which automates the processes of reconciling incoming payments...

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Australian fintech Zepto raises $25M AUD Series A to enhance payment infrastructure

Zepto, an Australian real-time account-to-account (A2A) merchant payments platform, said Monday it has raised a $25 million AUD Series A (about 18.8 million USD) co-led by AirTree Ventures and Decade Partners. The instant payment platform lets merchants make, manage and receive secure payments by connecting directly from the payer’s bank to a merchant’s bank.  The Series A funding comes after its 10x year-over-year revenue growth...