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Uber, PayPal, Walgreens launch $11 million vaccine rides fund

Uber Technologies Inc, PayPal Holdings Inc and Walgreens Inc on Monday said they launched an $11 million fund to provide free ride-hail trips to U.S. COVID-19 vaccination sites for people who lack access to transportation. ....

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Banking software firm Alkami lifts IPO price target range, eyes $2.33 billion valuation

Alkami Technology Inc on Monday raised the target price range for its U.S. initial public offering, lifting the banking software provider's aimed valuation to about $2.33 billion. ....

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Bank software provider Alkami aims for over $2 billion valuation in U.S. IPO

By Reuters Staff
2 Min Read
(Reuters) -Alkami Technology Inc is aiming for a valuation of up to $2.08 billion in a U.S. initial public offering (IPO), the banking software provider said in its prospectus on Monday.
The company said it was looking to raise as much as $150 million by selling 6 million shares at a price range of $22 to $25 per share.
Reuters reported on the Plano, Texas-based firm’s IPO plans in February.
Backed by investors including General Atlantic and D1 Capital, Alkami supplies cloud-based platforms that banks and credit unions can use to set up digital offerings for their retail and business customers. ....

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FOREX-U.S. dollar climbs to one-year peak vs yen, index on track for best quarter since June 2018

Euro hits 5-month low vs dollar
ADP data shows increased hiring for February
Graphic: World FX rates tmsnrt.rs/2RBWI5E (Adds new comment, U.S. data, updates prices, changes byline, dateline; previous LONDON)
NEW YORK, March 31 (Reuters) - The dollar hit a one-year high versus the yen and multi-month peaks with other currencies on Wednesday as investors bet that fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery.
The dollar index, a gauge of its value against six major currencies, however fell 0.2% to 93.075. But it was on track to post its best quarter since June 2018 with gains of 3.4%. ....

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UPDATE 1-Mastercard to invest $100 mln in Airtel Africa's mobile money unit

By Reuters Staff
(Adds details in investment, background)
April 1 (Reuters) - Global payment processor Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations, valuing the business at $2.65 billion, the London-listed company said on Thursday.
Airtel Africa is targeting a public listing of Airtel Mobile Commerce BV (AMC BV) within the next four years. Earlier this month, private equity firm TPG’s The Rise Fund invested $200 million in AMC BV.
Mastercard will hold a minority stake in AMC BV, in line with Airtel Africa’s plan to monetise the mobile money business by selling up to a 25% stake in the unit, the company said. ....

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