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Kuda, the African challenger bank, raises $55M at a $500M valuation

Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of banking services built on newer, API-based infrastructure, has been on a growth tear in the last several months, and to fuel its...
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August 2, 2021 albert Tech News No Comment

Impact raises $150M at a $1.5B valuation as affiliate and other marketing partnerships come into their own

Affiliate marketing may have started as a kind of side hustle for bloggers and others that were making the majority of their revenues through advertising or other channels, but with the rise of influencers and the huge profusion of spon-con on social media, the idea...
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July 13, 2021 albert Tech News No Comment

Socure raises $100M at $1.3B valuation, proving identity verification is hotter than ever

The COVID-19 pandemic has accelerated digital adoption in a way that no one could have ever anticipated, and as more people conduct more services online and via mobile devices, businesses have had to work even harder to validate users and security. One company working to...
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March 16, 2021 albert Tech News No Comment

Equity transcribed: Away’s $1.4B valuation and CrowdStrike’s S-1

Welcome back to another transcribed edition of Equity, the wildly popular TechCrunch podcast that digs deep into the week’s news about … equity. There were no IPOs this week so there was only one episode, but it was jam-packed with news about direct-to-consumer scooters, luggage...
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May 19, 2019 albert Tech News No Comment

Online catering marketplace ezCater gets another $150M at a $1.25B valuation

In 2007, Stefania Mallett and Briscoe Rodgers conceived of ezCater, an online marketplace for business catering, and began building the company in Mallet’s Boston home, mostly at her kitchen table. Recently, sitting at that same table, Mallett negotiated with Brad Twohig of Lightspeed Venture Partners...
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April 2, 2019 albert Tech News No Comment

Tencent-backed homework app jumps to $3B valuation after raising $300M

Academic exams are a big deal in China as they determine the kind of universities, high schools and elementary schools that students get into and to a degree, the future that awaits them. Parents are thus willing to invest generously to help their children get...
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December 26, 2018 albert Tech News No Comment

Rocket Internet’s GFG pockets $340M+ at $1.1B valuation, down from $3.5B a year ago

screenshot-2016-04-20-16-05-13
 Rocket Internet continues to bring in money for its various e-commerce businesses, but things are definitely not looking great for all of its companies. On the heels of Alibaba investing in its Amazon clone Lazada, today the Berlin-based incubator announced that Global Fashion Group, the company’s...
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April 27, 2016 albert Tech News No Comment

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