Category: Recent Funding

image
May 4, 2021

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M

It looks like everyone and their mother is trying to reinvent the Brazilian banking system. Earlier this year we wrote about Nubank’s $400 million Series G, last month there was the PicPay IPO filing and today, alt.bank, a Brazilian neobank, announced a $5.5 million Series A...


by Marcella McCarthy in Android
image
May 4, 2021

Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

Africa is the last frontier for basically anything. Mobile gaming is no exception. For a continent that is home to more than 1 billion millennials and Gen Zers, mobile gaming has never really picked up, despite the continent witnessing rapid economic growth and smartphone adoption....


by Tage Kene-Okafor in africa
image
March 9, 2021

Songclip raises $11M to bring more licensed music to social media

The team behind Songclip thinks that social media could use more music. Yes, music is a big part of the experience on a handful of apps like TikTok and Triller, but Songclip co-founder and COO John vanSuchtelen told me, “That is not the end of...


by Anthony Ha in Evolution VC Partners
image
March 4, 2021

Snapcommerce raises $85M to make over your mobile shopping experience

People are not only shopping digitally more than ever, they’re also shopping using their mobile phones more than ever. And for mobile-first companies like Snapcommerce, this is good news. Snapcommerce, formerly known as SnapTravel, has raised $85 million in what the company is describing as...


by Mary Ann Azevedo in bee partners
image
March 2, 2021

West Tenth’s app encourages women to start home businesses, not join MLMs

A new digital marketplace called West Tenth, now backed by $1.5 million in seed funding, wants to give women a platform to start and grow their home-based businesses. Through its mobile app, women can promote their business to others in the local community, then field...


by Sarah Perez in Apps
image
February 24, 2021

RecargaPay closes a $70 million Series C

RecargaPay, a Brazil-based fintech that allows users to top off their prepaid cell phones online, announced this morning that they’ve closed their $70 million Series C. The company, which operates solely in Brazil, was launched in 2010 by Miami-based serial entrepreneur Rodrigo Teijeiro, who is...


by David Riggs in Brazil
image
February 19, 2021

With $20M A round, Promise brings financial flexibility to outdated government and utility payment systems

The last year has been one of financial hardship for billions, and among the specific hardships is the elementary one of paying for utilities, taxes and other government fees — the systems for which are rarely set up for easy or flexible payment. Promise aims...


by Devin Coldewey in finance
image
February 10, 2021

Scalarr raises $7.5M to fight mobile ad fraud

Scalarr, a startup that says it uses machine learning to combat ad fraud, is announcing that it has raised $7.5 million in Series A funding. The company was founded by CEO Inna Ushakova and CPO Yuriy Yashunin, who previously led the mobile marketing agency Zenna....


by Anthony Ha in Advertising Tech