US fintech Coast bags $40m Series B for product, partnership and team expansion
Key Points:Investment Details:Total Raised in Series B: $40 million
Lead Investor: ICONIQ Growth
New Board Member: Yoonkee Sull (General Partner at ICONIQ...
Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing
Meridien Acquires 27% Stake in DKK PartnersAcquisition Details:Acquirer: US-based holding company Meridien
Stake Acquired: 27% of DKK Partners
Transaction: In exchange for...
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...
US fintech Aven’s valuation tops $1bn with latest $142m Series D capital raise
Summary of Aven's Series D Funding and Expansion PlansCompany: Aven, a credit solutions start-up based in San Francisco, US.
Series D Funding: $142...
Brazil’s Matera lands $100m investment from Warburg Pincus
Summary of Matera's $100 Million Investment from Warburg PincusInvestment Details:Total Amount: $100 million.
Investor: Warburg Pincus, a New York-based private equity firm.
...
Blue Owl Capital snaps up Atalaya Capital Management in $450m deal
Summary of Blue Owl Capital's Acquisition of Atalaya Capital ManagementAcquiring Company:Name: Blue Owl Capital.
Location: New York.
Assets Under Management (AUM): $174...
India’s Auxilo Finserve raises $33m to further support student community
Summary of Auxilo Finserve's $33 Million Funding RoundFunding Details:Total Raised: $33 million.
Major Contributor: LeapFrog Investments provided $30 million in guaranteed capital.
...
Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO
Summary of Inter's Leadership Changes and StrategyLeadership Appointment:New CEO: Alexandre Riccio appointed as CEO for Brazil.
Focus Shift: Current group head Joao...
Sequoia Capital reportedly offers Stripe investors share deal as fintech valuation tops $70bn
Summary of Sequoia Capital's Offer to Legacy Fund LPs for Stripe SharesOffer Details:Opportunity for LPs: Sequoia Capital offers limited partners (LPs) of...
