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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

Jake Jolis is a partner at Matrix Partners and invests in seed and Series A technology companies including marketplaces and software. Dana Stalder is a partner at Matrix Partners, where he invests predominantly in fintech, consumer marketplaces and enterprise software. Fintech Index, 2016 -2020 Image Credits: CapiQ, Yahoo Finance.

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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

The investment is the largest-ever Series A round for the region, and it values Wave at $1.7 Four big-name backers jointly led the round — Sequoia Heritage, a private investment fund and a subsidiary of Sequoia; Founders Fund; payments upstart Stripe; and Ribbit Capital. . ” Going up against incumbents.

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The Top 6 Posts of 2016

Tomasz Tunguz

2016 was a year of change for SaaS, and most of the story was the public market. The Hottest Startup Sectors In 2016 - published on January 3rd, this post reviewed the patterns of investment in startups, and in particular, the sectors where investors were increasing their investment the fastest.

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Trends in Early Stage SaaS Fundraising Market of 2016

Tomasz Tunguz

About $1B has been invested in early stage SaaS startups as of November 1. The chart above shows the early-stage investment dollars by buyer within the organization. Series A investments totaled $207 million for the first nine months while series B investments touched $720 million. Series B medians were $19.0M

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Indonesian fintech startup Ayoconnect raises $13m more in Series B funding

AsiaTechDaily

The Series B extension financing round was anchored by SIG Venture Capital and backed by CE Innovation Capital and PayU, the payments and fintech business of Prosus. In a statement, the startup said it the fresh capital will enable it to continue building out a leadership team and to invest in product and technology development.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay , a platform that attempts to automate the software purchasing process for companies. billion was invested into corporate spend management companies in 2021. billion valuation. This year, $1.6

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MakeSpace Raises an Additional $17.5 million and Unveils Strategy to Make Public Storage the Next Blockbuster Video

Both Sides of the Table

million in funding on TechCrunch led by Harmony Partners and Upfront Ventures to double its footprint of 3 cities (New York, Chicago & Washington DC) to 6 in 2016. They have high-priced property and zero innovation. It’s no wonder incumbents don’t want us to exist. Public Storage does about $2.4

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