On a china trade deal any time soon parliamentary election we begin with the trade pause, the u. S. Is not ready to make a deal with china. We got big mergers this morning, automakers and fin tech deal for more than 21 billion. We enter this holiday week the dow in the midst of fiveweek losing streak. S p and nasdaq is down about three week s in a row for the first time this year, the first losing month of the year and the first losing may in seven years. We are in a moment where michael corvat said when he was on our show. The more chatter i hear verses what mr. Wonderful was say, we said everything seemed fine, the more i get worried that was a brutal week last week if it is in the mall, it is not good it was great, i think fabulous growth and the stock was down. We had foot locker it just got crushed. So i mean the market when it starts to see on how much supply it is coming we have zoom and beyond meat zoom is 19 billion and beyond meat is 5 billion someone recommended beyond meat.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Flutterwave Closes USD $170m Funding
March 10, 2021 GMT
LOS ANGELES, March 10, 2021 /PRNewswire/ Flutterwave, Africa’s leading payments technology company, today announces it has secured USD $170 million from a leading group of international investors as part of a successful Series C round. The round was led by growth-equity firms Avenir Growth Capital (“Avenir”) and Tiger Global Management LLC (“Tiger Global”) with participation from new and existing investors.
Founded by entrepreneur Olugbenga Agboola in 2016, the company’s valuation is considered to be valued at more than USD $1 billion. The fundraise brings the total investment in Flutterwave to USD $225 million and is one of only a very small number of African fintech companies to have raised significant funds in a period of widespread disruption and economic uncertainty.