Cowboy, the Brussels-based company that has been designing and selling electric bikes that you can see in major cities across Europe, has closed a small, strategic funding round of €5 million (around $ 5.5 million at current exchange rates). That includes €1 million in debt facilities. While the amount isn’t as impressive as some of […]
Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round
Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for millions of underbanked and demand will keep growing, pushing the value of the digital lending platform market in the Middle East and Africa to reach […]
Frances Tiafoe vs. Alexei Popyrin result: American stops giant-killing Aussie in US Open fourth round
Frances Tiafoe is on course to emulate his incredible US Open 2022 run with a four-set win against giant-killing Australian Alexei Popyrin in the fourth-round. With the Aussie fresh off a victory against Novak Djokovic, Tiafoe rode the home crowd support to win 6-4 7-6(3) 2-6 6-3 in three hours and eight minutes. The American […]
OpenAI reportedly in talks to close a new funding round at $100B+ valuation
ChatGPT creator OpenAI is reportedly in talks to raise a massive tranche of cash led by previous backer Thrive Capital, at a valuation of more than $ 100 billion. That’s substantially higher than OpenAI’s previous $ 86 billion valuation, and by far the highest valuation of any AI startup to date. Thrive will reportedly throw […]
Kenyan HR and payroll startup Workpay lands Visa as investor in $5M round
Businesses across Africa face challenges managing payroll, especially in a landscape with different regulations, remote employees, and hybrid workplaces. About 80% of small and medium-sized businesses still use Excel and Google Sheets as they can’t afford or maintain complex payroll systems. Here’s why: On-site third-party solutions offer limited features, while software designed for large companies […]