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Home / news / Ant International raises $1.2B, Augustus hits unicorn status, and Cashea lands $100M as FinTech investors back payment rails and FX access
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Ant International raises $1.2B, Augustus hits unicorn status, and Cashea lands $100M as FinTech investors back payment rails and FX access

Ant International raises $1.2B, Augustus hits unicorn status, and Cashea lands $100M as FinTech investors back payment rails and FX access

Three funding rounds this week point to the same thing: investors are still willing to write large checks for infrastructure that moves money, opens up dollar access, or makes consumer checkout work better. For high-risk PSPs, the useful signal is where the capital is flowing — merchant scale, U.S. dollar connectivity, and local payment methods that can actually convert.

  1. Ant International raised $1.2B in Series A funding at a $10B+ valuation. The business operates independently out of Singapore and serves 150 million merchants and 2 billion user accounts across four continents. It is the same Ant Group spin-off that emerged after Jack Ma’s empire was reined in by Chinese regulators.
  2. U.S. startup Augustus hit unicorn status with a $180M Series B at a $1B valuation. Its pitch is straightforward: give international FinTechs and banks access to the U.S. dollar. For payment providers serving cross-border merchants, that is not a side feature; it is the plumbing.
  3. Venezuelan FinTech Cashea raised $100M, another reminder that Latin America is still producing capital-intensive bets in digital payments. The source frames it as proof that the region’s appetite for digital payments remains alive, which matters to PSPs tracking where local-wallet and checkout growth can still support new volumes.
  4. The funding mix is the point. One round is about massive merchant distribution, one is about dollar access, and one is about consumer payments in a difficult market. Those are three different ways to sell financial infrastructure, but they all sit close to the same decision: who gets paid, in what currency, and through which rails.

On the product side, Getnet and Mastercard created a biometric Pix solution for e-commerce in Brazil, using fingerprint, facial recognition, or a PIN through Open Finance to authorize purchases. The stated goal is to reduce cart abandonment and improve conversion, which is exactly why checkout and authentication features keep showing up in payment roadmaps instead of living in slides.

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