Wave closes largest Series A round for an African fintech with $200 million
Valuing African fintech Wave at $1.7 billion, the landmark Series A round was led by Sequoia Heritage, Founders Fund, Stripe and Ribbit.
Indonesian fintech Ayoconnect raises US$10 million in Pre-Series B funding
Ayoconnect, Indonesia’s leading financial API platform has successfully closed its US$10 million Pre-Series B funding round from strategic investors.
One in every four investment deals in Middle East goes to fintech: Report
One in four Middle East investment deals was made in the fintech sector, pulling nearly 30% of all the funding raised during the year.
An Eduardo Saverin-backed exchange just became India’s first crypto unicorn amid surging interest
CoinDCX, an Indian crypto exchange backed by Facebook Co-Founder Eduardo Saverin, has announced a fresh valuation of $1.1 billion.
Luxembourg-based Blocktrade lands €22 million in a crowdfunding round
Blocktrade, a digital asset exchange, has closed one of the largest crowdfunding investments in Luxembourg to date.
Sarwa closes $15 million funding round led by Mubadala Investment Company
Investment and personal finance platform Sarwa has closed a $15 million Series B financing round led by Mubadala Investment Company.
tabby raises $50m Series B to accelerate growth and enter new markets
Tabby’s new $50 million Series B financing will be used to expand tabby’s product portfolio and enter a number of new markets.
Swedish fintech giant Klarna acquires German startup Stocard for about €110 million
After acquiring UK-based HERO earlier this month, Swedish fintech Klarna now bought the Mannheim-based fintech startup Stocard.
