Max Q: Selling space
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This week actually includes two, since I was out last week for a Canadian national holiday (and back today for the U.S. one, ironically). There’s plenty to cover, includin
Hackers are targeting employees returning to the post-COVID office
With COVID-19 restrictions lifting and employees starting to make their way back into offices, hackers are being forced to change tack. While remote workers have been scammers' main target for the past 18 months due to the mass shift to home working necessitated by the pandemic, a new phishing
Redacted comes out of stealth with $60M in funding and a new take on fighting cybercrime
The cybersecurity industry has no shortage of technology to fight against network intruders, app corrupters, email hackers and other cyber criminals. Today a startup called Redacted is coming out of stealth with a different approach to tackling that malicious activity: It applies threat intelligenc
Cloudera to go private as KKR & CD&R grab it for $5.3B
Cloudera was once one of the hottest Hadoop startups, but over time the shine has come off that market, and today it went private as KKR and Clayton, Dubilier & Rice, a pair of private equity firms, announced they intended to purchase Cloudera for $5.3 billion. The company has a market cap of a
Kushki, an Ecuador-based fintech, raises $86M to build financial infrastructure in LatAm
Just about every week there's a blockbuster round coming out of South America, but in certain countries such as Ecuador, things have been more hush-hush. However, Kushki, a Quito-based fintech, is bringing attention to the region with today's announcement of an $86 million Series B and a $6
EU’s COVID-19 ‘digital pass’ gateway system goes live
A technical system underpinning the European Union’s plan for a pan-EU “digital pass” for verifying COVID-19 vaccination or test status across the region has gone live today, with a handful of EU Member States connected to the gateway and more expected to follow ahead of a July 1
Truebill raises $45 million for its personal finance app
Personal finance startup Truebill has raised a $45 million Series D funding round led by Accel. This comes just a few months after the company raised a $17 million Series C. Overall, the startup has raised $85 million since its creation.
Existing investors Bessemer Venture Partners, Cota Capital an
Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services
Belvo, a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding.
A mix of Silicon Valley and Latin American-based VC firms and angels participated in the financing, including Future Positive, Kibo Ventures, FJ La
Brazil’s idwall raises $38M for identity validation platform
Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. In particular, it is estimated that Brazilian companies lose over $41 billion due to fraud every year.
In an attempt to tackle this problem head on, Linc
Gokada to launch ride-hailing service in two Nigerian cities as part of super app plans
When two of Indonesia’s biggest companies — ride-hailing company Gojek and e-commerce marketplace Tokopedia — joined forces as GoTo Group last month, a key highlight from the merger was that the last-mile delivery space is still a huge global trend.
In Nigeria, the e-commerce and
Line to launch digital banking platform in Indonesia [updated]
Line Corporation, best known for its messaging app, will launch a digital banking platform in Indonesia this month. This means Japan-based Line Corp. will offer banking services in three of its biggest overseas markets: Indonesia, Thailand and Taiwan.
Line Corp.'s Indonesian banking platform is
Freight forwarder sennder raises $80M at a $1B+ valuation
Freight forwarding — the process of organising how and where items will be shipped around the world, and specifically the technology that underpins that work — continues to be a huge area of the logistics market, not least because of the huge boom in e-commerce in the last year, and bec
Malt raises $97M at a $489M valuation for its freelance marketplace for developers
The world of professional services has long relied on contractors to fill in for assignments and projects that might not be a part of the course of daily work, but are essential work nonetheless. Today, a startup that's built a marketplace to make it easier for freelance developers, designers a
European insurtech startup Wefox grabs $650 million at $3 billion valuation
German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox is a digital insurer focused on personal insurance products, such as household insurance, motor insurance and