Shinkansen, the Chilean fintech startup, has closed a seed investment round of US$3 million led by ALLVP, a Mexican venture capital firm. The investment aims to support Shinkansen’s expansion into Mexico, Peru, and other parts of Latin America. Shinkansen aims to provide a solution for fast money transfer and transactions in the banking and fintech sectors. The company offers a unique and simple API integration that facilitates money movement in the fragmented Latin American market.

Nigerian startup Zuvy, an invoice financing and software company, has secured US$4.5 million in debt and equity funding to scale across the country. Just out of stealth mode, Zuvy is an invoice discounting company that provides software for vendors and their buyers to settle invoices and manage payment schedules.