Kreditech, the online lender in Germany, has reportedly landed a €110 million investment from online payment processor PayU. According to a report, under the deal, PayU gets a large minority stake in Kreditech and builds on a twelve-month pilot program in Poland in which more than...
Initial public offerings, or IPOs for short, may be making a comeback, but to call it a comeback necessitates IPOs viewed through a narrow lens. As The Wall Street Journal reported, some of the biggest and most marquee names in tech, such as Airbnb, have...
For Q1 2017, movement was a bit to the downside amid continued earnings reports this past week, as has been seen in previous sessions. The biggest decline came from Cardtronics, as the firm’s stock lost nearly 15 percent. The ATM operator saw its first leg...
Ant Financial, the Chinese financial unit of China’s eCommerce giant Alibaba, is nearing a deal on a $3.5 billion loan as part of its purchase of MoneyGram International, the U.S. money transfer company. According to a report in Reuters, 14 banks — including Australia and New Zealand Banking Group, Citigroup,...
Cars45.com, a used car startup in Nigeria, has raised $5 million in venture funding. According to a report in TechCrunch, the Series A round was led by Frontier Cars Group, which is a holding company that includes Balderton Capital, EchoVC, TPG Growth and NEA as backers....
Airwallex, the Australian cross-border payment company, has raised $13 million in venture funding. According to a report, Airwallex raised $13 million in a Series A round of funding that was led by Tencent, the Chinese internet company, and included Mastercard and Sequoia Capital. The report...
Marketing tech outfit Zeta Global, focused on data management, has raised $140 million, which as Adweek reports, reflects “a growing trend of investments” into cloud-based marketing efforts. The total tally raised by the company to date stands at $250 million, and Zeta itself has said that...
Quovo, a data platform providing insights and connectivity for financial accounts, announced Wednesday (April 26) that it has raised $10 million in Series B funding. In a press release, the company said F-Prime Capital and Napier Park Financial Partners co-led the round and were joined by...
OverOps, a technology startup that leverages big data and cloud computing to enable companies to more efficiently find software bugs, just recently announced a $30 million Series C round of venture funding led by Lightspeed Venture, with additional participation from Menlo Ventures — both existing...
