Greenoaks led a USD116m Series B for Cora, a Brazilian lending platform for SMEs, with participation from Tiger Global and Tencent, and follow-on from KASZEK, QED Investors and Ribbit Capital. KASZEK, QED and Ribbit invested USD26.7m in April. Read more… Read More
Defy Partners and Wavemaker Partners led a USD30m Series A for Bazaar, a Pakistan-based digital bookkeeping platform and B2B marketplace, with follow-on from Indus Valley Capital, Global Founders Capital, Next Billion Ventures and Alter Global. Read more… Read More
Vinci Partners reached a BRL384m (~USD71m) second close for Vinci Infraestrutura Água e Saneamento Fundo de Participações em Infraestrutura (VIAS) fund, which will focus on investing private capital into the privatization of state-owned companies that provide water and sewage services for the Brazilian population. Read more… Read More
Tribe Capital and Moore Strategic Ventures led a USD100m Series C for Khatabook, an India-based bookkeeping and payments platform, at a reported ~USD600m valuation, with participation from Alkeon Capital, and follow-on from B Capital Group, Sequoia, Tencent, RTP Ventures, Unilever Ventures and Better Capital. Read more… Read More
China-based comics platform Kuaikan raised USD240m from investors including CCB International (the CVC arm of China Construction Bank) and South Korean mobile app market One Store, with follow-on from Tencent, Coatue and Tiantu Capital. Read more… Read More
Dayone Capital reached a USD630m final close for its debut fund focused on consumer verticals in China, surpassing its original target of USD500m. Read more… Read More
LeapFrog Investments acquired a 16.94% stake in Fidelity Bank Ghana from Amethis and Edmond de Rothschild Equity Strategies (ERES) for an undisclosed amount. Read more… Read More
Farallon Capital and existing investors LeapFrog Investments, TCV and Accel invested a USD292m Series E for Zepz (formerly WorldRemit), a digital cross-border payments platform focused on emerging markets, at a reported USD5b valuation. Read more… Read More
SoftBank Vision Fund 2 led a USD400m round for OPay, a mobile payments company based in Nigeria, with participation from DragonBall Capital and 3W Capital, and follow-on from Sequoia Capital China, Redpoint China, Source Code Capital and Softbank Ventures Asia, at a reported USD2b valuation. Read more… Read More
ChrysCapital, True North and unnamed institutional investors invested USD150m for minority stakes in QuEST Global, a global product engineering and lifecycle services company based in Singapore. Read more… Read More
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