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African fintech firm Flutterwave raises $35M, partners with Worldpay

African fintech firm Flutterwave raises M, partners with Worldpay San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, […]

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What we know (and don’t) about Goldman Sachs’ Africa VC investing

What we know (and don’t) about Goldman Sachs’ Africa VC investing Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though […]

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Felix Capital closes $300M fund to double down on DTC, break into fintech and make late-stage deals

Felix Capital closes 0M fund to double down on DTC, break into fintech and make late-stage deals To kick off 2020, one of Europe’s newer — and more successful — investment firms has closed a fresh, oversubscribed fund, one sign that VC in the region will continue to run strong in the […]

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China Roundup: WeChat’s new focus on monetization

China Roundup: WeChat’s new focus on monetization Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. At the beginning of each year, a large crowd of developers, content creators and digitally-savvy […]

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China Roundup: TikTok receives most government requests from India and US

China Roundup: TikTok receives most government requests from India and US Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, TikTok, currently the world’s hottest social media app, welcomed […]

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2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital 2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment energized that. The last 12 months served as a grande […]

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Who will the winners be in the future of fintech?

Who will the winners be in the future of fintech? Nik Milanovic Contributor Share on Twitter Nik Milanovic is a fintech and financial inclusion enthusiast, with a decade of work across mobile payments, online lending, credit and microfinance. More posts by this contributor Fintech’s next decade will look radically different Libra’s critics […]

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Why D2C holding companies are here to stay

Why D2C holding companies are here to stay Alex Song Contributor Share on Twitter Alex is CEO and co-Founder of Innovation Department, a tech-empowered platform building the next generation of consumer brands. Previously, he worked at Goldman Sachs and Pershing Square Capital Management. It wasn’t that long ago that digitally-native, vertically-integrated brands […]

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Jiji raises $21M for its Africa online classifieds business

Jiji raises M for its Africa online classifieds business Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Ghana, Uganda, Tanzania, […]

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Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer

Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer Korean e-commerce giant Coupang has a new chief financial officer. The company announced today that it has hired Alberto Fornaro, who previously served the same role at International Gaming Technology (IGT PLC), the multinational gaming machine company. Fornaro succeeds […]

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