Browsing: investment
The African VC Lofyinc Capital inaugurates the third seed fund and series A, reaches $ 43 million first closure
By techtost.com
One of Africa’s most active investors, known for the first bets on unicorns such as Flutterwave, Andela and Wave, has secured Fresh Capital to invest in…
The African Fintech Moniepoint gets a visa supporter, plans to work in no contact payments
By techtost.com
Visa has joined the African Fintech Monomoid As a new investor. The Platform and Payment Platform has confirmed to TechCrunch that it has received a “strategic…
Clearwater Analytics, a company that develops accounting, compliance and risk reporting tools for asset managers; he said On Monday it entered into a definitive agreement to…
VC investment in emerging markets such as the Middle East and North Africa (MENA) plummeted by over 40% compared to 2023, according to a new report.…
China hacked US Treasury’s CFIUS, which reviews foreign investment for national security risks
By techtost.com
Chinese hackers have reportedly breached a key office in the US Treasury Department tasked with reviewing foreign investments and transactions that could threaten US national security.…
Robinhood investment app adds more AI features for investors with this one acquisition of artificial intelligence research platform Pluto Capital, Inc., was announced on Monday. The…
Amazon says it will commit up to $230 million to startups building AI-powered apps. The investment, about $80 million of which will fund Amazon’s second AWS…
Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, in particular, are used more than debit and credit cards combined). This…
Climate tech startups raised $8.1 billion in the first quarter, a near-record amount of money that suggests the quiet shutdown of 2023 could have been more…
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage companies typically related to artificial intelligence…