Category: TC
Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion
Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The Lagos based startup will also launch its payment products in Mexico this year and in Ethiopia imminently, CEO Tayo Oviosu told TechCrunch The moves come…
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LumApps raises $70M Series C led by Goldman Sachs
LumApps, the cloud-based social intranet for the enterprise, has closed $70 million in Series C funding. Leading the round is Goldman Sachs Growth, with participation from Bpifrance via its Growth Fund Large Venture. Others participating include Idinvest Partners, Iris Capital, and Famille C (the family office of Courtin-Clarins). The round…
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Cruise unveils Origin, an electric driverless vehicle designed for sharing
Cruise unveiled Tuesday evening a “production ready” driverless vehicle called Origin, the product of a multi-year collaboration with parent company GM and investor Honda that is designed for a ride-sharing service. The shuttle-like vehicle — branded with Cruise’s trademark orange and black colors — has no steering wheel or pedals…
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Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works
It’s hard to put a positive spin on terrible situation, but that didn’t stop Goldman Sachs CEO David Solomon earlier today. Asked during a session at the World Economic Forum in Davos about WeWork’s yanked IPO in September, Solomon suggested it was proof that the listing process works, despite that…
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Google Cloud lands Lufthansa Group and Sabre as new customers
Google’s strategy for bringing new customers to its cloud is to focus on the enterprise and specific verticals like healthcare, energy, financial service and retail, among others. It’s healthcare efforts recently experienced a bit of a setback, with Epic now telling its customers that it is not moving forward with…
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Why is everyone making OKR software?
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a moment to discuss the amount of money going into startups building OKR software. After covering WorkBoard’s recent round, I’ve noticed OKR software and services everywhere, even…
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