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11/02 – Weekly Investment & Fundraising News

UAE-based blockchain payment startup PYPL raises $11 million One of the region’s fastest-growing FinTechs, Pyypl (pronounced “People”), announces it has closed a US$ 11 million series A financing round with participation from a diverse group of international family offices and HNWI’s. The international blockchain technology-based company provides digital payments and financial ....

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Tonik raises additional $131 million to expand Philippine operations

The parent firm of Tonik Digital Bank in the Philippines has raised $131 million in additional funds as it aims to accelerate the growth of its operations in the country this year. ....

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