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According to The Globe and Mail, the RCMP has made “formal document requests” to Ernst & Young (EY), which was appointed to oversee the search for the missing money.
The startup, which has raised about $145 million to date, is now valued between $430 million to $450 million, a person familiar with the matter told TechCrunch.
Credit Sesame, a San Francisco, CA-based consumer credit health management platform, closed over $43m in equity and debt funding.
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow it to enter into new markets.
PNC has created a startup program, numo, that functions as an internal startup, complete with a pre-negotiated equity split between PNC and numo employees, said David Passavant, numo CEO.
Azimo, the U.K.-headquartered money transfer service backed by Japan’s Rakuten Capital, amongst others, is seeing a change at the top.
Led by Ribbit Capital and Steadview Capital, BharatPe’s Series B round comes just four months after the startup raised its Series A round, in April this year.
Raisin acquires Fairr to offer pension products(SILICONREPUBLIC)
This is Raisin’s third acquisition, after the startup acquired PBF Solutions in September 2017 and MHB Bank in March 2019.
Nigerian FinTech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange.
Salaryo raises $5.5M in funding(FINSMES)
Salaryo, a NYC-based FinTech platform for U.S. freelancers and startups, raised $5.5m in debt and equity funding.