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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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...