Payment fintech Payhawk exited its Tuesday series B round with $100 million in capital and a $1 billion valuation, becoming the first-ever Bulgarian unicorn.

London-based Payhawk, which was founded in Bulgaria, consolidates financial information into a single platform, giving European business-to-business (B2B) customers an interface for tracking payments and expenses. Payhawk also offers employee cards and integrates into several enterprise resource planning (ERP) and accounting platforms, including Exact, QuickBooks and Microsoft Dynamics.

The funding was led by Lightspeed Venture Partners with participation from Sprints Capital, Endeavor Catalyst, HubSpot Ventures and Jigsaw VC. The company plans to use the funds for a range of new activities, including Oracle NetSuite integration, subscription and budget services, and an expansion of its office space.

The two-part series B began in November 2021, with Greenoaks leading a $115 million early-stage venture charge, according to Crunchbase.

Kenyan fintech M-KOPA closes on $75 million

Kenyan financing platform M-KOPA announced Tuesday the completion of a $75 million series B round.

M-KOPA serves 2 million customers across the African market, providing customers with pay-as-you-go financing services without the need for collateral. Customers pay a small up-front deposit, giving them access to a broad range of services, including solar-powered products, smartphone financing, health insurance and cash loans. The company plans to use the funds for geographical expansion and intensified tech investment.

M-KOPA has raised a total of $263 million over 16 rounds, according to Crunchbase. The most recent round was led by Generation Investment Management, with investors including LGT Venture Philanthropy, Latitude and Broadscale.

Australian neobank Zeller gathers $72 million

Australian neobank Zeller announced Wednesday that it raised $72 million for commercial banking expansion.

Zeller offers small and medium-sized businesses (SMB) an integrated banking, payments and expense platform, with products including electronic funds transfer at point of sale (EFTPOS) terminals, business transaction accounts and Zeller-branded payment cards.

The neobank plans to move further into the business banking market, shifting its payments capabilities beyond Zeller Terminal into invoicing and online payments via cloud-based accounting fintech Xero.

Zeller was founded in 2020 and has a current valuation of $727 million, according to its website. The series B round was led by Headline, with participation from Hostplus, Square Peg, Addition and Spark Capital.

Crypto firm Blofin nabs $50 million

Crypto financial services firm Blofin closed a $50 million series B round Tuesday, with funds going towards talent acquisition and business expansion.

Cayman Islands-based Blofin provides asset management and crypto-fiat financial services for international customers. With the funding, the fintech plans to recruit talent for its technology and finance business areas, along with creating new products, launching a mobile app and expanding geographically. The round was led by KuCoin with participants including SIG and Matrix Partners.