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Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team

Brazil’s new fintech startup Cora raised million on the strength of its founding team It didn’t take much for the founders of Cora, Brazil’s newest startup to tackle some aspect of the broken financial services industry in the country, to raise their first $10 million. Igor Senra and Leo Mendes had worked […]

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Delphia wants to turn your data into investment capital through collective action

Delphia wants to turn your data into investment capital through collective action A lot of companies talk about the value of your data, and about helping you get more control over the information you share, but Toronto-based Delphia is unique in aiming to build a viable, sustainable and scalable way to take […]

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As the new year beckons European investors start moving into new roles

As the new year beckons European investors start moving into new roles As the Holiday Season approaches, new jobs for players in the tech ecosystem beckon. And this is no less true for investors. Two notable moves have recently happened that are worthy of note in the European scene. The first is […]

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Startups Weekly: Chinese investors double down on African startups

Startups Weekly: Chinese investors double down on African startups Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Airbnb’s issues. Before that, I noted […]

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Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for $300M

Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for 0M E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Today, Elavon, the payments company that is a subsidiary […]

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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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PalmPay launches in Nigeria on $40M round led by China’s Transsion

PalmPay launches in Nigeria on M round led by China’s Transsion Africa focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed-round led by Chinese mobile-phone maker Transsion. The investment came via Transsion’s Tecno subsidiary, with participation from China’s NetEase and Taiwanese wireless comms hardware firm Mediatek — […]

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Revisiting Jumia’s JForce scandal and Citron’s short-sell claims

Revisiting Jumia’s JForce scandal and Citron’s short-sell claims In advance of Jumia’s November financial reporting, it’s worth revisiting the company’s second quarter results, the downside of which included some negative news beyond losses. The Africa focused e-commerce company — with online verticals in 14 countries — did post second-quarter revenue growth of […]

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Meet Bespoke Financial, a lender for cannabis companies backed by Snoop Dogg’s Casa Verde Capital

Meet Bespoke Financial, a lender for cannabis companies backed by Snoop Dogg’s Casa Verde Capital Bespoke Financial wants to provide cannabis businesses with the same kind of financial services that other businesses get, but that dispensaries and growers can’t yet access. The regulations around cannabis operations are so stringent at the local […]

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Sydney’s AirTree Ventures closes $275M fund as Aussie unicorns gather pace

Sydney’s AirTree Ventures closes 5M fund as Aussie unicorns gather pace The Australian scene industry has, in the last few years, started to generate a swathe of startups that have broken through internationally. Prior to this current era, Australia was scene has very much a local market in tech terms, with only […]

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