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Gaia Capital Partners in Paris rebrands as Revaia, closes first €250M growth fund

Gaia Capital Partners in Paris rebrands as Revaia, closes first €250M growth fund

by admin | Sep 8, 2021 | News

Paris-based VC fund Gaia Capital Partners has change its name to Revaia and announced the final closing of its first growth fund, at €250 million. The firm said it exceeded its initial target of €200 million, and the fund will be ‘ESG focused’. Revaia is also claiming...
Continental’s eco-friendly concept tire includes a renewable tread

Continental’s eco-friendly concept tire includes a renewable tread

by admin | Sep 8, 2021 | News

Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor IKEA will sell clean energy to Swedish homes Uber will offer free Rosetta Stone language courses to drivers Many efforts are underway to reduce the environmental...
Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business

Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business

by admin | Sep 8, 2021 | News

The beauty industry is worth some $500 million annually, and the Covid-19 pandemic has led to a sharp rise in the proportion of sales being carried out online. Today, a London-based beauty startup is announcing a major round of funding in hopes of reaping the spoils...
Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others

Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others

by admin | Sep 8, 2021 | News

Over 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved despite mobile penetration exceeding 90%. Traditional banks often overlook this segment because of their spending power or financial status and fintechs have seized...
PayPal acquires Japan’s Paidy for $2.7B to crack the buy-now, pay-later market in Asia   

PayPal acquires Japan’s Paidy for $2.7B to crack the buy-now, pay-later market in Asia  

by admin | Sep 8, 2021 | News

PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay later (BNPL) service platform, for approximately $2.7 billion (300 billion yen), mostly in cash, to enhance its business in Japan. The transaction completion...
Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services

Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services

by admin | Sep 8, 2021 | News

In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to serve the needs of each...
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