PrimaryBid closes $8.6M round for its platform aimed to help retail investors – gpgmail

PrimaryBid, a UK-regulated platform connecting publicly listed companies with everyday investors for discounted share issuances has previously raised $3M. It’s now upped those stakes with an $8.6M funding round, led by UK VCs Pentech and Outward VC with participation from new and existing investors. Craig Anderson, a partner at Pentech, will join the PrimaryBidBoard of […]

Goldman backs Kobo360, Rwanda commits to EVs, Interswitch IPO update – gpgmail

Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber-like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand to 10 new countries beyond current […]

Kaszek Ventures raises $600 million in two funds as Latin America’s startup market booms – gpgmail

Kaszek Ventures, the investment firm that has been one of the primary architects of the recent boom in startup financing and growth in Latin America, has just raised $600 million across two new funds. The new commitments (raised in roughly two months) put Kaszek’s total capital under management at roughly $1 billion, making the firm […]

Cloudflare files for initial public offering – gpgmail

After much speculation and no small amount of controversy, Cloudflare, one of the companies that ensures that websites run smoothly on the internet, has filed for its initial public offering. The company, which made its debut on gpgmail’s Battlefield stage back in 2010, has put a placeholder value of the offering at $100 million, but […]

Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs – gpgmail

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand […]

How a Swedish saxophonist built Kobalt, the world’s next music unicorn – gpgmail

You may not have heard of Kobalt before, but you probably engage with the music it oversees every day, if not almost every hour. Combining a technology platform to better track ownership rights and royalties of songs with a new approach to representing musicians in their careers, Kobalt has risen from the ashes of the […]

Apple rolls out Apple Card Preview to select users – gpgmail

Apple Card is getting its first group of public test users today. A limited amount of customers that signed up to be notified about the release of Apple Card are getting the ability to apply for the card in their Wallet app today — as well as the option to order their physical Apple Card. […]

Apple Card can’t be used to buy crypto – gpgmail

Cryptocurrency fans who were hoping to use Apple’s forthcoming credit card to splash on coin are out of luck. You also won’t be able to use the Apple Card to buy lottery tickets, casino gambling chips in any form, physical or virtual, or foreign currency or travelers checks. Reuters spotted the detail in a customer […]

The “world’s largest internet restaurant company” quietly raised $125 million this month – gpgmail

In May, venture capitalist Michael Moritz of Sequoia Capital warned in a Financial Times column that Amazon’s recent $575 million investment in the London-based delivery service Deliveroo could prove ominous for local restaurants. Wrote Moritz: “Amazon is now one step away from becoming a multi-brand restaurant company — and that could mean doomsday for many […]

Tim Cook confirms Apple Card is rolling out next month – gpgmail

Apple hitting its release timelines has become far from certain these days, cough, cough AirPower, but the Apple Card will be released during the summer time frame it was given at launch. CEO Tim Cook announced on the company’s quarterly earnings call that the Apple Card — which Apple has partnered with Goldman Sachs to […]