ECONOMY
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Trends
PayPal is the first company to drop out of the Facebook-led Libra Association
PayPal has become the first company to walk away officially from Facebook’s Libra, a cryptocurrency and related association that it…
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STARTUPS
Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe
Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based…
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Finance
With its third fund, Revolution Ventures stays true to its mission
AOL co-founder and former chief executive officer Steve Case’s venture capital fund, Revolution, deploys capital to companies “outside of the…
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Trends
Remagine secures $35M fund backed by media giants to focus on entertainment and media tech
Remagine Ventures is a relatively new European VC fund which focuses on investments in entertainment tech, including AI, gaming, sports…
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Finance
Accel and Sequoia seed Middesk with $4M to background check businesses
For those of you that diligently follow the hot startups to graduate from Y Combinator’s accelerator program, you might recall…
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Finance
Nigerian online-only bank startup Kuda raises $1.6M
Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and…
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Trends
DHL expands Africa eShop online retail app to 34 countries
DHL has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s…
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Finance
PrimaryBid closes $8.6M round for its platform aimed to help retail investors
PrimaryBid, a UK-regulated platform connecting publicly listed companies with everyday investors for discounted share issuances has previously raised $3M. It’s…
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