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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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...