Tag: Naspers

Monedo has filed for bankruptcy because of the coronavirus

Another German FinTech giant bites the dust with Monedo filing for bankruptcy after the pressures of Covid-19 became too much for the once celebrated company backed by investors like Peter Thiel and Naspers.

ZestMoney said to raise $15m in Series B

POS lending platform ZestMoney has reportedly raised $15m in a Series B round led by Goldman Sachs.

FinTech investments in India are growing rapidly as investor’s appetite for...

The first three quarters of 2017 saw Indian FinTech companies receive $6.6bn worth of funding Between 2014 and 2016 total investment to FinTech companies...

Remitly secures $115m Series D funding round led by PayU

Digital remittance company Remitly has secured a $115m series D funding round led by Naspers’ FinTech investment division PayU.

Kreditech takes €110m in largest German FinTech deal to date

German credit scoring and lending company Kreditech has landed €110m in the largest equity investment into German FinTech company to date.

PayU set to acquire Citrus Pay for $180m

PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.

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