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Pan-African Fintech App, Bamba Lands $3.2 Million Seed Funding
Through an android application, Bamba allows micro-merchants across Africa to run their entire business utilising their phones. Funds will be used to scale the platform.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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U.S. Imports of Latin America Oil Soar as Refiners Replace Russian Barrels
U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months according to U.S. Customs data, as buyers began replacing Russian supplies.
- Categories
- Energy
- Region
- Latin America
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Brazil’s Odata Invests Close to US$80 Million in First Mexican Hyperscale Datacenter
Brazilian datacenter firm Odata has opened its first Mexican hyperscale datacenter after an investment of 388mn reais (US$79mn).
- Categories
- Technology
- Region
- Latin America
- Tags
- big data, data, funding, impact investing, investment, technology
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Indonesian FinTech Firm Xendit Raises $300 Million Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power the world’s fastest-growing digital economy.
- Categories
- Finance, Technology
- Region
- South Asia
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Vida Raises Over $47 Million to Address Digital ID in Southeast Asia, Investment Market Still Hot
Vida, an Indonesian digital identity startup, raised $47.67 million in a funding round to help it meet the rising demand for services in Southeast Asia.
- Categories
- Technology
- Tags
- digital identity, investing, startups, tech, technology
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60 Start-Ups Across Africa To Get $4 Million Google Fund
Tech giant, Google is committing $4million to 60 eligible start-ups across Africa as applications open for the second cohort of the ‘Google for Start-up Black Founders Fund for Africa’.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Brazilian Fintech Nomad Raises $32 Million in Series B Funding
Latin American fintech Nomad, which enables Brazilians to establish bank accounts in the United States, has raised $32 million in Series B financing.
- Categories
- Finance
- Region
- Latin America
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Jungle Ventures Renews Southeast Asia, India Bets With $600 Million Fund
Singapore-based Jungle Ventures has raised $600 million in a new fund backed by new and existing investors including Temasek.
- Categories
- Investing
- Region
- Global
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