Friday, July 2, 2021

Nigeria-based neobank FairMoney raises $42M Series B led by Tiger Global, as it expands into India (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
Nigeria-based neobank FairMoney raises $42M Series B led by Tiger Global, as it expands into India  —  Neobanks have led the charge as regards venture capital funding for consumer fintech startups.  But while they have collectively dominated the fintech space, they don't operate a monolithic model.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...