Payfazz

Global founder collective MAGIC Fund raises $30 Million Fund II to continue backing early-stage startups

MAGIC Fund II is currently looking at global startups that are focused on building infrastructure while delivering a quality customer experience. The firm typically writes checks of $100,000 to $300,000 for early-stage startups and will continue to do so in this fund.

Payfazz gets $53m funding for network of mobile money agents

It's like Venmo, but with an Indonesian twist.