Indonesia’s Kredivo to Go Public via Merger with Victory Park Capital SPAC

FinAccel, the parent company of Indonesia-based digital credit platform Kredivo, agreed to merge with US-listed VPC Impact Acquisition Holdings II, a SPAC sponsored by Victory Park Capital, at a reported USD2.5b valuation. The deal includes a USD120m PIPE from Marshall Wace, Corbin Capital, SV Investment, Palantir Technologies, Maso Capital and… Read More

Prosus Invests USD200m in Brazil’s Movile

Prosus Ventures invested USD200m in follow-on financing in Brazil-based internet holding Movile. The capital will go towards expanding Movile’s companies, including iFood, MovilePay, Zoop and Mensajeros Urbanos. Read more… Read More

Riverwood Leads USD200m+ Series D for Singaporean B2B Payments Company Nium

Riverwood Capital led a USD200m+ Series D for Singapore-based B2B payments platform Nium at a reported USD1b+ valuation. Temasek, Visa, Vertex Ventures, Atinum Capital, Beacon Venture Capital, Rocket Capital Investment and angel investors including Gokul Rajaram (DoorDash), Vicky Bindra (FIS) and Arjun Sethi (Tribe Capital) also participated in the round. Read More

Multiples Leads USD32.5m Series C+ for India’s MoEngage

Multiple Alternate Asset Management led a USD32.5m Series C extension for MoEngage, an India-based customer engagement platform, with follow-on from Eight Roads Ventures, F-Prime Capital and Matrix Partners. The round facilitated an exit for Exfinity Venture Partners. Read more… Read More



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