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.