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The startup announced today it has raised a seed extension of $1.5 The funding brings Jeff’s total raised to about $2.5 Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. The hottest fintech market you aren’t paying attention to. million, led by J12 Ventures.
The startup, which launched its app in Vietnam last year, announced today it has raised $1 million, led by the Estonian Business Angels Network (EstBAN). Though it is based in Latvia, Jeff will continue focusing on unbanked people in South and Southeast Asia, said founder and chief executive officer Toms Niparts. million seed round.
Back in 2020, another player, Giraffe360, raised $4.5 It’s now raised $16 million in new funds led by Founders Fund, the San Francisco-based VC, whose portfolio boasts names such as Airbnb, Spotify and SpaceX. To date, the company has raised $22 million in equity and $9 million in venture debt. Giraffe360 camera.
The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. Montonio is a multi-faceted product that has been specifically designed for its home market and its neighbor countries — but the startup thinks it could work all around Europe. That’s much cheaper than card payments.
billion underbanked people globally , the majority of which are from emerging markets. One such company is FairMoney , which describes itself as “the mobile banking revolution for emerging markets.” The Indian market is quite similar to Nigeria’s. There are over 1.7 ” FairMoney Nigeria team.
The creator economy loves merch which is great news for on-demand custom printing startups such as Latvia-based Printify — today it’s announcing a $45 million Series A round, led by Index Ventures, off the back of rising demand for its services. Facebook will lure creators with $1 billion in payments.
To power the expansion, which will see Lightyear land in 19 new markets, including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a Seres A round of funding led by U.S. Lightyear , a U.K. fintech startup that promises consumers commission-free trading on U.S.
Admittedly, in the ‘developed’ countries of Western Europe, startups are generally better off skipping accelerators and raising directly from Angels, HNWs and pre-seed funds. The latter has made investements such in Greece (Plum), Latvia (Printify), and Bulgaria (Cloudpipes). Of course, “your mileage may vary.”
oDesk claims that it dominates the market of online freelance marketplaces with $360 million spent by its clients in 2012; this number for the five closest competitors combined – Elance, Freelancer, Guru, People Per Hour, and 99Designs – reaches only $310 million. Another tip from inside oDesk is to be patient with raising your rates. “If
With this new mechanism, fund managers should be able to raise a new fund more easily. And he strongly believes that the ability to raise large growth rounds in Europe will lead to large tech companies down the road. We are starting to see companies like Back Market or Ynsect that are better than American ones.
If you’re a founder raising money, this is the most bang for your buck you’ll get. What could be improved: This company is based in Riga, Latvia, which is in north-eastern Europe. Go on, subscribe. It makes sense to. With that out of the way, let’s do this!
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