New York based autonomous billing & collections platform raised $20m in Series A funding led by Mosaic General Partnership.

Toronto based FX payouts company raised $10.7m in Series A funding led by Galaxy Ventures.

California based patient financial engagement company raised $29m in Series A funding led by Sapphire Ventures.

London based accounts receivable management for SMEs raised £4m in seed funding led by Eurazeo and Stride.VC.

Tactics, known as debt-shaming, have become highly controversial in Kenya, where a flood of small loans, once championed as a way to lift...