Over a year after grabbing $4 million in pre-seed funding, Chile-based Kredito, a business lending startup, is back with another $6 million in new funding. The company launched to the public in 2021 and partners with financial institutions to help small businesses with their spend management, access digital unsecured loans, open a bank account and obtain a business credit card. Kredito analyzes risk by using a proprietary algorithm and alternative data to evaluate credit risk more inclusively than traditional banks, and in real time.

Meta’s main subcontractor for content moderation in Africa, Sama, announced earlier Tuesday the closure of its content moderation arm at its hub in Kenya, citing the need to streamline operations. This comes months after Sama and Meta were sued in the East African country for union busting and exploitation, and just weeks after another lawsuit called for Meta to increase its content moderation capacity in Kenya.