Series C – DIGIT INFO

Nigerian Fintech Reaches Unicorn Status With $110 Million Google-Backed Funding Round

DIGIT — Thu, 31 Oct 2024 07:30:47 +0000

Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently announced it had raised $110 million in a Series C funding round […]

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Nigerian Fintech Startup Chipper Cash Lays Off Employees in US, UK

DIGIT — Mon, 18 Mar 2024 11:30:13 +0000

The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer to profitability. Layoffs Set Chipper Cash on Course for Positive Cash Flow in the First […]

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Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business

DIGIT — Sat, 18 Mar 2023 10:30:27 +0000

One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had insignificant exposure to both SVB and Signature Bank. Chipper Cash ‘Never Sought to Be Acquired’ The […]

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Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

DIGIT — Fri, 25 Nov 2022 19:30:57 +0000

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion. Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and […]

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Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

DIGIT — Thu, 10 Nov 2022 00:30:03 +0000

According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]

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Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas

DIGIT — Fri, 08 Apr 2022 17:30:59 +0000

The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward. 300 MW of Capacity to Start, 600 MW in […]

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Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion

DIGIT — Wed, 05 Jan 2022 14:33:10 +0000

Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands Post-Money Valuation of $13.3 Billion In mid-November, a report authored by theinformation.com’s […]

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African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion

DIGIT — Thu, 04 Nov 2021 10:30:53 +0000

Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led by Sam Bankman-Fried’s FTX — comes barely six months after […]

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Bitpanda Raises $263 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’

DIGIT — Wed, 18 Aug 2021 10:27:57 +0000

Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall valuation of $4.1 billion. Crypto Unicorn Bitpanda Is Now […]

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Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns

DIGIT — Mon, 02 Aug 2021 13:43:18 +0000

Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over $1 billion. Matrixport Now Valued at $1 Billion, […]

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