With a combined 2020 valuation of $340 billion, venture capital (VC) firms are paying attention to the technology space in Southeast Asia, as experts forecast that the region and segment will grow threefold by 2025, CNBC reported on Monday (Aug. 9), citing data from Jungle...
London-based social bank Kroo recently raised 17.7 million pounds ($24.5 million) in Series A funding in a round led by Karlani Capital Founder Rudy Karsan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Carsharing firm Turo Inc., on Monday (Aug. 9) confidentially submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) for a planned initial public offering (IPO) of its common stock. Get the Full Story Complete the form to unlock this...
Moove, an African FinTech company, on Monday (Aug. 9) announced that it has obtained $23 million in Series A funding to provide revenue-based vehicle financing initiatives for Uber drivers across the continent. Speedinvest and Left Lane Capital led the funding round, which also drew contributions...
Semiconductors, automation, and renewable energy are just some of the industries private equity (PE) firms are looking into as the clampdown on web-based, customer-facing startups continues in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Tidjane Thiam’s special-purpose acquisition company (SPAC) is in exclusive talks with Mexican FinTech Credijusto and CIAL Dun & Bradstreet about merging the companies and listing them on the New York Stock Exchange later this year. Get the Full Story Complete the form to unlock this...
Malaysian FinTech BigPay, a division of AirAsia, wrapped up a $100 million funding round led by South Korean conglomerate SK Group, according to a press release on Friday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
London-based private equity company Apis Partners LLP said on Thursday (Aug. 5) that it has invested $32 million in Indonesian digital payment company DOKU, which was founded in 2007 as part of the tech and media firm Emtek Group. Get the Full Story Complete the...
Listing announcements this past week — initial public offerings (IPOs) and special purpose acquisition companies (SPACs) among them — were dominated by banking and high-tech firms focused on cloud technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
