<ul><li>BNPL infrastructure provider equipifi raised USD 12 million in a Series A funding round co-led by Curql Fund and PHX Ventures. The round follows its USD 3 million seed funding round in November 2021.</ul> 

• The company plans to use the funds to assist the rollout of its offering to banks and credit unions. 

<ul><li> Analyst QuickTake : The BNPL infrastructure space is less populated compared with the B2B and B2C segments; however, there has been more activity in the space this year. Most recently, Splitit entered the space through the launch of “Installments-as-a-Service” and earlier in the year ChargeAfter raised USD 44 million in Series B funding .</ul>