23andMe set to go public via a Virgin Group SPAC merger

23andMe set to go public via a Virgin Group SPAC merger

Genetics testing and genome research company 23andMe is set to go public via a merger with special purpose acquisition corp (SPAC) VG Acquisition Corp, a vehicle set up by Richard Branson and his company Virgin Group. The transaction is expected to result in 23andMe...
Brazil’s Monkey nabs $6M Series A for financial marketplace

Brazil’s Monkey nabs $6M Series A for financial marketplace

Monkey, a financial marketplace for receivables in Latin America, has raised $6 million in Series A funding. Quona Capital and Kinea Ventures co-led the round. The São Paulo-based startup was founded in 2016 by a trio that includes former Citi investment banker...
Former Paytm execs team up to chase gold in India

Former Paytm execs team up to chase gold in India

Nearly every adult in India has a bank account, but fewer than a quarter of them in the South Asian nation can secure loans from the formal financial institutions. Although much of the population in the country doesn’t have a credit score, an increasingly growing...