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Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal

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Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. Ribbit Capital, a VC firm in the U.S. That was followed by a $13.8

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Flutterwave Rolls Out Online Portal For African Merchants

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The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company told TechCrunch that its newly launched product, called Flutterwave Store, is not a shift away from the company’s core online payments business.

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

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2) for DPCM Capital Inc. , Harris said SPACs have gone from 3 percent to 20 percent of the market during the recent rush in cases. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

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Russia’s Ozon eCommerce Firm Nets $50M To Grow Logistics

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San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Ozon , one of Russia’s largest online retailers, has been on a growth spurt over the last few years. million, according to Reuters.

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Report: Digital Lender SoFi Eyes IPO Via SPAC

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Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Because of the pandemic, he said, younger people have begun investing, seeing the market downturns as an opportunity.

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Car Talk: Shift Announces Plans To Go Public

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revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

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eCommerce Site Wish Prices IPO Shares At $24, Report Says

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billion and gave it an implied market capitalization of $14 billion. Wish, which is based in San Francisco and was founded in 2010 by ex-Google engineer Peter Szulczewski, runs an online marketplace known largely for selling discounted items from China. This helped Wish raise $1.1 The company said it made over $1.7

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