Tuesday, October 29, 2024

Nigeria-based Moniepoint, which offers bank accounts, loans, and POS terminals, raised $110M led by DPI, sources say at a $1B+ valuation, after raising $55M (Aanu Adeoye/Financial Times)

Aanu Adeoye / Financial Times:
Nigeria-based Moniepoint, which offers bank accounts, loans, and POS terminals, raised $110M led by DPI, sources say at a $1B+ valuation, after raising $55M  —  Company raises $110mn from investors including Google despite slowdown in fundraising for African start-ups



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Ubisoft reports Q2 net bookings down 36% YoY to €352.3M, vs. €368M est., and expects Q3 net bookings of €380M, down from €626M in Q3 2023, as its big games flop (Daniel Zuidijk/Bloomberg)

Daniel Zuidijk / Bloomberg : Ubisoft reports Q2 net bookings down 36% YoY to €352.3M, vs. €368M est., and expects Q3 net bookings of €380...