Flutterwave secures $170Mn; aims to boost Africa’s FinTech ecosystem
Nigeria-based FinTech firm, Flutterwave has recently made it to the headlines following its announcement of raising USD 170 million in Series C Funding round led by Tiger Global Management and Avenir Growth Capital. This new funding has now brought in the total fundraise of the company to USD 225 million ever since its launch five […]
PE-backed payment giant Klarna has tripled its valuation to $31 billion
Klarna, the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. That sees the company retain the crown as the highest-valued private fintech in Europe. The fintech has been backed by Sequoia Capital since 2010. More recent investors include Dragoneer Investment […]
Philippine mobile wallet GCash attracts over $175 mln in fresh capital
MANILA, Jan 11 (Reuters) – Philippine mobile wallet GCash has raised more than $175 million in investment from a New York-based private equity fund, the financial technology arm of Globe Telecom Inc said. GCash operator Globe Fintech Innovations Inc, also known as Mynt, said in a statement it had secured fresh capital from ASP Philippines […]
