Méliuz Acquires InvestTech-Backed Acesso Bank for USD59.5m
Brazil-based cashback platform Méliuz has acquired Acesso Bank, a Brazilian fintech backed by InvestTech, in a BRL324m (USD59.5m) all-stock deal. Read more… Read More
Brazil-based cashback platform Méliuz has acquired Acesso Bank, a Brazilian fintech backed by InvestTech, in a BRL324m (USD59.5m) all-stock deal. Read more… Read More
Women’s World Banking Capital Partners II and MDI Ventures led a USD28m round for Indonesia-based peer-to-peer fintech Amartha, with follow-on from Mandiri Capital Indonesia and UOB Venture Management. Read more… Read More
Existing investors CPP Investments and Alberta Investment Management Corporation (AIMCo) have agreed to invest an additional BRL1.7b (~USD318m) and BRL500m (~USD93m), respectively, in Igua Saneamento, a Brazil-based water and sewage service holding company backed by IG4 Capital, to fund a new concession. Read more… Read More
MAIF Avenir and Silicon Badia led a USD20m round for Tunisia-based B2B expense management solutions provider Expensya, with follow-on from ISAI and Seventure Partners. Read more… Read More
Metier has sold its 12% stake in Bokpoort Concentrated Solar Power, a 50MW thermal energy power plant in South Africa, to Revego Africa Energy for ZAR204m (~USD14.2m). Read more… Read More
Adenia Partners has sold its 100% stake in Côte d’Ivoire-based power security solutions provider Ademat to SPE Capital for an undisclosed amount. Adenia originally acquired Ademat in 2016. Read more… Read More
Launchpad Capital has reached a USD35m final close for its maiden VC fund targeting early-stage investments in startups in fintech, insurance and real estate in the Baltics. Read more… Read More
Existing investors Avataar Ventures and Prosus Ventures led a USD75m Series D for ElasticRun, an India-based startup connecting e-commerce companies to MSMEs in rural areas, with follow-on from Kalaari Ventures. Read more… Read More
Valor Capital Group, monashees and Balderton Capital led a USD160m round for Mexico- and Brazil-based e-commerce platform Merama, with participation from TriplePoint Capital and the CEOs of Uala, Loggi, Rappi and MadeiraMadeira. The round comprises USD60m in seed and Series A funding and USD100m in debt. Read… Read More
IMM Private Equity, through IMM Credit Solution, has agreed to acquire a 40% stake in South Korea-based oil and lubricant manufacturer SK Lubricants from South Korean refinery-to-battery maker SK Innovation for KRW1.1t (~USD987m). Read more… Read More
(default archive template)