Monday, February 21, 2022

Nigerian fintech Tingo, which processes ~$4B in e-commerce transactions annually, seeks $500M to expand in Africa; Tingo, valued at $6.3B, plans an IPO in H1 (Bloomberg)

Bloomberg:
Nigerian fintech Tingo, which processes ~$4B in e-commerce transactions annually, seeks $500M to expand in Africa; Tingo, valued at $6.3B, plans an IPO in H1  —  Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter  —  Nigerian financial-technology company Tingo Inc …



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Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition (Yoolim Lee/Bloomberg)

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