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It's fun watching fintech startups grow

In this edition, I’m going to look at a fintech being sold in a fire sale, a group of startup raises, and more! In mid-May, TC’s Manish Singh reported that founders of ZestMoney had resigned from the startup. The Indian fintech, whose ability to underwrite small ticket loans to first-time internet customers, once drew the backing of many high-profile investors, including Goldman Sachs. ....

Comunidad Autonoma De Cataluna , Aileen Lee , Alex Wilhelm , Babs Ogundeyi , Manish Singh , Christine Hall , Techcrunch Fintech , Goldman Sachs , Unicorn Club , Meet Tandem , Nigeria Based Paystack , Fintech Finance , Cowboy Venture Aileen Lee , Everywhere Venture Jenny ,

Fintech Stripe Invests in Karachi based Digital Payments Startup Safepay's Seed Round

Karachi-based Fintech firm
Safepay has reportedly acquired seed funding from global financial technology company
Stripe. Safepay hasn’t disclosed the amount it has received but claims that it’s a seven-figure (USD) amount.
Other local and international investors also took part in the Pakistani Fintech firm’s investment round.
As first reported by Menabytes, the round includes contributions from Berlin-headquartered Global Founders Capital (which recently made investments in Bazaar), US-based HOF Capital, Soma Capital, and Mantis Venture Capital. Pakistan’s VC Fatima Gobi Ventures participated in the round as well. Safepay’s seed round has been finalized after the firm recently graduated from Y Combinator’s Summer 2020 batch. ....

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