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Mirae Assets Leads USD140m Series D for Indonesia’s FinAccel
Mirae Asset Global Investments led a USD140m Series D for Indonesia-based FinAccel, the parent company of BNPL platform Kredivo, at a USD1.6b reported valuation, with follow-on from Cathay Innovation, Endeavor Catalyst, GMO Global Payment, Jungle Ventures, Openspace Ventures and Square Peg. Read More
India’s Yoho Raises ~USD2.4m Led by Rukam Capital, SoftBank’s Rajeev Mishra, Paytm’s Vijay Shekhar Sharma, Others
India-based direct-to-consumer footwear startup Yoho raised a INR200m (~USD2.4m) Series A led by Rukam Capital, Rajeev Mishra (SoftBank), Vijay Shekhar Sharma (Paytm) and others. Read More
Egypt’s FlapKap Raises USD3.6m Seed Round from QED, Global Ventures, Outliers and A15
FlapKap, an Egypt-based revenue-based financing platform for e-commerce businesses, raised a USD3.6m seed round from QED Investors, Global Ventures’ Nclude fund, Outliers Ventures and A15. Read More
Lightspeed Venture Partners Leads USD5m Seed Round for Argentina’s Fidu
Lightspeed Venture Partners led a USD5m seed round for Fidu, an Argentina-based finance and communications management platform for schools, with participation from NFX, Imaginable Futures and Broom Ventures. Read More
Global Founders and Sequoia Lead USD20m Seed Round for Egypt’s Telda
Global Founders Capital and Sequoia Capital led a USD20m seed round for Telda, an Egypt-based P2P payments platform, with participation from Block (formerly Square). Read More
Northzone Leads USD35m Series B for Estonia’s Katana
Northzone led a USD35m Series B for Katana, an Estonia-based manufacturing ERP platform, with participation from Lightrock and follow-on from 42CAP and Atomico. Read More
Evolution Equity Partners Leads USD41.5m Round for UK and Czech Republic’s Tatum
Evolution Equity Partners led a USD41.5m round for Tatum, a Czech Republic-founded, UK-based blockchain app development platform, with participation from Octopus Ventures, 3VC, Tensor Ventures, Depo Ventures, Leadblock Fund and Circle Holdings. Read More
Mirae Asset Leads USD140m Series D for Indonesia’s FinAccel (Kredivo)
Mirae Asset Global Investments led a USD140m Series D for Indonesia-based FinAccel, the parent company of BNPL platform Kredivo, at a USD1.6b reported valuation, with follow-on from Cathay Innovation, Endeavor Catalyst, GMO Global Payment, Jungle Ventures, Openspace Ventures and Square Peg. Read More
Fireside Ventures Reaches USD225m Final Close for Third Fund
Fireside Ventures reached a USD225m final close for its third VC fund, focused on consumer technology, with commitments from investors including ITC, Premji Invest, Waterfield Fund of Funds and Emami. Read More
Actis Exits Latin America’s Atlas Renewable Energy to GIP
Actis exited Atlas Renewable Energy, a US-based, Latin America-focused renewables platform, to Global Infrastructure Partners (GIP). Established by Actis in 2016, Atlas operates 14 fully-contracted solar assets with 2.3GW of installed capacity across Brazil, Chile, Mexico and Uruguay. Read More
Gulf Capital Leads Investment in Egypt’s Vezeeta
Gulf Capital led an undisclosed investment in Vezeeta, an Egypt-based healthtech offering appointment booking and practice management solutions, with participation from VNV Global. Read More
Hong Kong’s Airwallex Raises a USD100m Series E2
Hong Kong-based fintech Airwallex raised a USD100m Series E2 from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent. Read More