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African B2B e-commerce startup Sabi tops $300M valuation in new funding
Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning. Frankfurt-based specialist fintech investor CommerzVentures,…
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Elwood Technologies raises $70 million in Series A round led by Goldman Sachs and Dawn Capital
Elwood Technologies, a crypto trading platform, has secured $70 million in a Series A round led by Goldman Sachs and Dawn Capital. Elwood intends to spend the $70 million on expanding its product line and expanding its global operations.
https://cryptoshrypto.com/elwood-technologies-goldman-sachs-dawn-capital/
PayPal Acquires Curv To Further Its Push Into Cryptocurrencies
PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies. PayPal, which didn’t disclose financial terms of the deal, has been building out a new unit dedicated to furthering its efforts in cryptocurrencies after it began allowing consumers to buy, sell and hold certain digital currencies in its wallet in recent…
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