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FinTech news in Afore Capital category

E-Commerce startup JABU raised Series A round of $15M led by Tiger Global Management

Akinin narrated how merchants would use a platform’s BNPL offering, generate revenue, and proceed to pay for the next invoice with this profit or purchase stock from another supplier in an entirely different supply chain.

Consumer startup Seel raised Series A round of $17M

Aiming to give merchants more control over this, Seel, which focuses on underwriting e-commerce returns, is leveraging artificial intelligence to build proprietary underwriting software that uses hundreds of signals to predict the probability of return as soon as an order is placed.