Category: finance
Revolut’s 2020 financial performance explains its big new $33B valuation
News broke this morning that Revolut, a U.K.-based consumer fintech player, raised a Series E round of funding worth $800 million at a valuation of $33 billion. Those figures are breathtaking not only due to their sheer scale, but also thanks to their radical divergence from Revolut’s preceding funding event.…
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Play2Pay raises $13M to convert mobile user engagement into bill payment
The gamification of payments is not a new concept. A number of companies are attempting to combine gamification and payments in creative ways. And today, one such company, Play2Pay, has raised $13 million in a Series A round of funding. The Fort Lauderdale, Florida-based startup has a straightforward mission. It…
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Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services superapp
The fintech funding continues to roll in at a rapid pace, a result of the huge shift underway in how consumers spend and manage their money. In the latest development, Revolut — the London-based financial “superapp” that provides banking, investing, currency transfer and other money management services to some 16…
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Nas Academy raises $11 million to help creators build their own MasterClass-like courses
Investors are buying into a creator-led future, and Nas Academy wants to turn that creator influence into a broad network of “virtual universities.” The Singapore startup is building out a platform for creators to monetize their knowledge, giving them the tools to create their own classes and academies that fans…
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Indian financial services firm MobiKwik looks to raise $255 million in IPO
Gurgaon-based mobile wallet service firm MobiKwik plans to raise up to $255 million in an initial public offering, becoming the latest Indian startup to explore the public markets. The 12-year-old firm, which counts Sequoia Capital India and Abu Dhabi Investment Authority among its investors and has raised about $250 million…
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Ex-SafeBoda executive Babajide Duroshola joins M-KOPA to lead expansion into Nigeria
On June 18, Babajide Duroshola, ex-Country Head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela. Less than a month later, the executive has found a new role as General Manager in Kenyan company, M-KOPA. His appointment coincides with M-KOPA’s broader expansion strategy, which includes…
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