South African mobile payments platform Zapper is exploring its capital-raising options, including launching a sale to buy stake in the startup, in an effort to push its valuation to almost $1 billion, Bloomberg reported Tuesday (July 5). The Cape Town-based platform hired Ernst & Young...
A rout in the stock market is causing troubles for private equity as valuations fall, The Wall Street Journal wrote Monday (July 4) — and many companies are delaying their plans to go public. The valuations aren’t down all the way across the board, though...
United Arab Emirates (UAE)-based digital bank YAP has raised $41 million in funding and is looking to raise another $20 million for further expansions, Reuters wrote Monday (July 4). The company reportedly plans to use these funds to grow its business, expanding its footprint into...
London-based subscription payment platform Raylo has raised £6.5 million ($7.87 million) in additional funding, which will help it expand its data and engineering teams and accelerate the debut of a subscription pay service, according to a Tech Funding News report Monday (July 4). Raylo also...
London-based invoice intelligence platform Xelix has raised $5 million in a Series A round, according to a Thursday (June 30) company press release. Xelix, which provides accounts payable (AP) solutions, plans to use the new money to bring more products to market and grow its...
Juragan Material, an Indonesian construction-focused platform, has raised $4 million in a seed round, Tech in Asia reported Monday (July 4). The company operates a B2B marketplace that helps source building material from suppliers, providing customers with access to 180 brands and over 9,000 SKUs,...
Stake, which provides cash back and banking services for renters, has completed a Series A funding round and come away with $12 million, according to a Thursday (June 30) press release. The company’s services allow renters to earn cash back when they do things like...
South African FinTech Sava has raised pre-seed funding worth $2 million, which will go towards the company’s business-to-business (B2B) spending and budgeting solution, a report from Techbuild.africa said Thursday (June 30). The company focuses on two specific business problems: Companies don’t have the tools to...
With the economic climate turning chilly and tech stocks tumbling, venture capitalists have begun presenting starts with much tougher terms. That’s according to a Thursday (June 30) report by the Wall Street Journal, which spoke with a group of entrepreneurs at the recent Collision tech...
