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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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Jumia, DHL, and Alibaba will face off in African ecommerce 2.0

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0 The business of selling consumer goods and services online is a relatively young endeavor across Africa, but ecommerce is set to boom. Over the last eight years, the sector has seen its first phase of big VC fundings, startup duels and […]

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In the shadow of Amazon and Microsoft, Seattle startups are having a moment

In the shadow of Amazon and Microsoft, Seattle startups are having a moment Venture capital investment exploded across a number of geographies in 2019 despite the constant threat of an economic downturn. San Francisco, of course, remains the startup epicenter of the world, shutting out all other geographies when it comes to […]

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Indian tech startups raised a record $14.5B in 2019

Indian tech startups raised a record .5B in 2019 Indian tech startups have never had it so good. Local tech startups in the nation raised $14.5 billion in 2019, beating their previous best of $10.5 billion last year, according to research firm Tracxn . Tech startups in India this year participated in […]

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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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Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

Eigen nabs M to help banks and others parse huge documents using natural language and ‘small data’ One of the bigger trends in enterprise software has been the emergence of startups building tools to make the benefits of artificial intelligence technology more accessible to non-tech companies. Today, one that has built a […]

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Google to offer checking accounts in partnership with banks starting next year

Google to offer checking accounts in partnership with banks starting next year Google is the latest big tech company to make a move into banking and personal financial services: The company is gearing up to offer checking accounts to consumers, as first reported by the Wall Street Journal, starting as early as […]

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Every startup is a bank–or wants to be

Every startup is a bank–or wants to be Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we did something just a little bit new. Kate was in studio at TechCrunch’s SF HQ. Alex was in his dork cave in Providence. And […]

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Africa Roundup: Goldman leads $30M Twiga raise, China grows tech influence, Jumia weathers lockup-expiry

Africa Roundup: Goldman leads M Twiga raise, China grows tech influence, Jumia weathers lockup-expiry Kenya’s Twiga Foods raised a total of $30 million in October from lenders and investors led by Goldman Sachs. This adds to the list of African startups the U.S. financial firm has backed, including e-commerce venture Jumia and South […]

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Kenya’s Twiga Foods eyes West Africa after $30M raise led by Goldman

Kenya’s Twiga Foods eyes West Africa after M raise led by Goldman Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. The B2B food distribution company financed $6.25 million of the funding in convertible debt and $23.75 million in equity, classified as a […]

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