Africa
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Finance
Canal+ acquires Nollywood studio ROK from IROKOtv to grow African film
French television company Canal+ has acquired the ROK film studio from VOD company IROKOtv for an undisclosed amount. Founded by…
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Finance
PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment
PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after…
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South African SME finance startup Lulalend raises $6.5M Series A
South African digital lender Lulalend has raised a $6.5 million Series A round co-led by IFC and Quona Capital. The…
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African fintech dominates Catalyst Fund’s 2019 startup cohort
African fintech has taken center stage for the Catalyst Fund, a JP Morgan Chase and Bill & Melinda Gates Foundation-backed…
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Trends
MAX.ng raises $7M round backed by Yamaha and pilots EVs in Nigeria
Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese…
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Trends
Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones
With a valuation of over $1 billion and $190 million in new financing, Zipline has become the latest contender to…
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Finance
Partnering with Visa, emerging market lender Branch International raises $170 million
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a…
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Trends
Investors are pouring money into Latin America’s logistics and shipping businesses
New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian…
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Trends
LetsTransport raises $13.5M to digitize and improve last mile logistics in India
India’s B2B supply chain is slowly shifting into the digital era. Following a $23 million investment for Moglix, which helps…
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Trends
Byju’s targets global expansion for its digital education service after raising $540M
India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is…
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