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Bitso raises $250m to take the lead in crypto in Latin America

Bitso raises $250m to take the lead in crypto in Latin America Image: © fox17/Stock.adobe.com The round values the Mexican company at $2.2bn. It was co-led by Tiger Global, which has been ramping up its investment pace of late. Investor cash keeps flowing into cryptocurrency start-ups, with exchange Bitso securing $250m in a round co-led by Tiger Global Management. The significant round of funding for Bitso comes just five months after the start-up’s $62m Series B. The Mexican company is now valued at $2.2bn. Coatue also led the round with participation from Paradigm, Bond & Valor Capital Group, QED, Pantera Capital and Kaszek.

Unicorn: Latin American Cryptocurrency Platform Bitso Secures $250 Million Through Series C Funding Round Led By Tiger Global & Coatue

Search Unicorn: Latin American Cryptocurrency Platform Bitso Secures $250 Million Through Series C Funding Round Led By Tiger Global & Coatue   Bitso, a Mexico-based crypto platform, announced on Wednesday it has achieved unicorn status after raising $250 million through its  Series C investment round, which was led by Tiger Global and Coatue with participation from Paradigm, BOND & Valor Capital Group, QED, Pantera Capital, and Kaszek. The investment round brings Bitso’s valuation at $2.2 billion. Founded in 2014, Bitso claims to be the leading Latin American crypto first platform with a community of more than two million users. The platform offers three main products: Bitso App: For new or experienced cryptocurrency users to buy, sell, send, or receive crypto through mobile devices

Brazil Tech Round-Up: Q1 Startup Investment Data, Olist And Beep Saúde Rounds, Digital Inclusion, Instant Payments

Brazil Tech Round-Up: Q1 Startup Investment Data, Olist And Beep Saúde Rounds, Digital Inclusion, Instant Payments
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20 TecH Entrepreneurs

Special report In continuation of its series on Nigeria’s growing fintech sector, THISDAY highlights 20 more leading personalities in the sector. writes Obinna Chima Bolaji Akinboro Akinboro is the Chairman of the Board at Voriancorelli. Voriancorelli is a marketplace company that provides a platform to match buyers, sellers, commodity aggregators, logistics partners, financiers and food processors to ensure the economic wellbeing of all stakeholders. Akinboro is also the Co-Founder of Cellulant Nigeria Limited. According to the Chairman, Voriancorelli was designed to connect businesses with opportunities that would help them grow thereby solving the problem of market linkages. Nonso Okpala Okpala is the Group Managing Director/CEO at VFD Group Plc, a proprietary investment firm in Nigeria with interests in foreign exchange, debt investment, international remittance, real estate and payment businesses. Until recently, he was the CFO at Heirs Holdings, an African proprietary in

XP Health Named to Fast Company s Annual List of the World s Most Innovative Companies for 2021

XP Health Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2021 Share Article XP Health PALO ALTO, Calif. (PRWEB) March 09, 2021 XP Health, the world’s only artificial intelligence-powered vision benefits platform covering employees and their families, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021. The list honors the businesses that have not only found a way to be resilient in the past year but also turned those challenges into impact-making processes. These companies did more than survive, they thrived making an impact on their industries and culture as a whole. This year’s MIC list features 463 businesses from 29 countries.

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