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Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation

Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation. […]

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Marketing data management platform Claravine nabs $16M

Claravine, a self-described marketing data platform, today announced that it raised $16 million in a Series B round led by Five Elms Capital with participation from Grayhawk Capital, Next Frontier Capital, Peninsula Ventures, Kickstart Fund and Silverton Partners. CEO Verl Allen says that the new money, which brings the company’s total raised to $27.9 million, […]

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Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform

Mass transit has made a rebound with the return of city life post-COVID 19, and today a startup that’s building tech to help it run more smoothly is announcing a big round of funding to meet the rush. Optibus, which uses AI to help public transportation bodies and their mass transit partners plan and operate […]

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Nigeria’s Topship raises $2.5M from Flexport and YC to help merchants with international shipping

African merchants encounter many challenges when it comes to international shipping, ranging from logistics and customs to hidden and excessive charges. Digital freight forwarders on the continent have grown to tackle these supply chain issues. In some way, they are taking after the likeness of an $8 billion company and a market leader in the […]

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Altro has raised $18M to help you build credit just by paying for your Netflix subscription

Michael Broughton was the first in his family to go to college. But he almost didn’t, when he had trouble securing the necessary financing to pay his tuition. The experience stuck with him, and when he met Ayush Jain at the University of Southern California, the pair bonded over their belief that credit access should […]

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Brazilian fintech infrastructure company Dock closes on $110M in funding, now valued at over $1.5B

If there’s one area that has thus far felt insulated from the global venture downturn, it’s infrastructure. Companies that offer banking as a service and help other businesses offer their own financial services and products in particular continue to rake in the dollars. The latest such company in Latin America is São Paulo-based Dock, which […]

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Data-driven fintech Tifin valued at $842M in new $109M Series D round

There’s been talk throughout the venture ecosystem of a funding slowdown, but AI-powered fintech platform Tifin seems to be a clear exception. The Boulder, Colorado-based startup, which aims to match investors with investments in the wealth and asset management industries, announced today that it has raised a $109 million Series D round, less than a […]

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Token.io raises $40M to expand open banking-based account-to-account payments in Europe

The rise of digital payments has changed the nature of how people do business with each other; and open banking — a movement in banking where incumbents are finally adopting newer technology such as APIs to open their systems to modern integrations — is leading to a wave of new payment methods, all of which […]

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