Prosus Ventures committed capital to e-commerce finance provider Wayflyer at a $1.6bn valuation, increasing its overall funding to over $236m.

Citi Ventures and Visa helped e-commerce services startup Cart.com raise $240m while SoftBank Vision Fund 2 took part in nine-figure rounds for Dewpoint and Platform Science.

Q&A with Harrie Vollaard, managing director, Rabo Frontier Ventures

Constuction materials marketplace RenoRun's $142m Schneider Electric-backed series B round headed up some large rounds for Canadian companies also including League and Ekona Power.

Prosus Ventures invested in the e-commerce finance provider at a $1.6bn valuation, increasing its overall funding to over $236m.

Solana and Jump Trading helped crypto wallet developer Phantom secure $109m while HR software provider Gupy netted $93.1m in a round co-led by SoftBank.

The Nigerian fintech sector continues to boom as Credit Saison and The Motley Fool invested in the share trading platform developer through their first African deals.

A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

Sector report: finance

CSAA-backed digital home insurer Kin Insurance has backed out of a reverse merger while The Sandbox has committed $50m to a metaverse startup accelerator.