Tuesday, July 9, 2024

Remittance startup Nala, which lets users in the EU, UK, and US send money to 11 African markets, raised a $40M Series A led by Acrew, after a $10M seed in 2022 (Annie Njanja/TechCrunch)

Annie Njanja / TechCrunch:
Remittance startup Nala, which lets users in the EU, UK, and US send money to 11 African markets, raised a $40M Series A led by Acrew, after a $10M seed in 2022  —  Nala, a remittance startup that is now widening its portfolio through a new B2B payments platform, has raised $40 million equity …



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...