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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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Amsterdam’s Crisp, an online-only supermarket, raises €30M Series B led by Target Global

TechCrunch

Crisp , an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and the co-founders of Adyen and Takeaway.com. Crisp has now raised a total of €42.5 million to date.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

Register Komunal has announced that it secured new investments amounting to $8.5 Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Fintech help SMEs manage their finances and capital with convenience and efficiency.

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EU-based digital assets platform Finoa inks $22M Series A funding led by Balderton Capital

TechCrunch

The company was founded in 2018 by Christopher May and Henrik Ebbing, but both had previously worked together at McKinsey and started working in blockchain in 2017. ” “Being in the European Union requires a fundamentally different organizational setup, and poses a very high entry to new incumbents and other players overseas.

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Tile secures $40 million to take on Apple AirTag with new products

TechCrunch

Tile , the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic , announced today it has raised $40 million in non-dilutive debt financing from Capital IP. In addition to new debt financing, Tile is also refinancing some of its existing debt with this fundraise, it says.

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In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

TechCrunch

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. “We This round is notable for a number of reasons.

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Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation

TechCrunch

Index led its Series C in 2020 ; Valar led a round in 2018 ). That’s a sign of how there is not just incumbent marketshare to take away, but new users popping up all the time. This is a major round for the startup: Taxfix has raised around $330 million since being founded in 2016. and it’s often free money owed to you!