Talino raises $7.5M
Talino closed a $7.5M Series A to build a global fintech foundry focused on modernizing cross‑border infrastructure — a sign that partnerships and embedded infrastructure are heating up for wholesale and floorplan fintechs. That funding could accelerate API‑first tools lenders rely on for cross‑border payments and compliance. (manilatimes.net)
The financing round was led by Chemonics International and counted Mt Sinai Capital and Gulf Blvd among its investors, according to Talino’s announcement. (prnewswire.com) Talino’s CEO Winston Damarillo framed the company’s pivot as an effort to deliver an API‑first connectivity layer that replaces fragmented legacy rails and speeds product launches across jurisdictions. (prnewswire.com) Talino’s existing stack already powers named products: BayaniPay (zero‑fee embedded remittances), Higala (an open‑banking/instant‑payments platform for rural banks and MFIs), and Bahai Deals (an AI proptech that includes cross‑border loan origination). (prnewswire.com) Chemonics’ chair and CEO Jamey Butcher said the firm led the round to help scale cross‑border payments and financial inclusion efforts in the Philippines and other emerging markets. (prnewswire.com) BayaniPay, a Talino‑backed payments business that has previously raised extensions bringing its total Series A to roughly $9.6M, provides embedded remittance rails that lenders or captives could plug into for fee‑free inbound collections. (pitchbook.com) Higala — built on Mojaloop — has raised seed funding and is positioning as an IIPS/open‑banking layer for rural banks and microfinance institutions, which can shorten settlement windows and reduce liquidity pressure for working‑capital and floorplan lenders serving underserved corridors. (mojaloop.io) Talino markets its reusable Talino FIT technology as already deployed across institutions reaching millions of users, a capability the company says will let partners compress months of build work into faster go‑to‑market integrations. (crunchbase.com)