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Ledger completes new fundraising, valuing firm at over $1.5 bln

French technology and digital company Ledger said on Thursday that it had completed a new $380 million round of fundraising, which Ledger said gave the company a valuation of more than $1.5 billion. ....

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Singapore fintech firm MatchMove gets $100 mln funding

By Reuters Staff
1 Min Read
SINGAPORE, June 10 (Reuters) - Singaporean fintech company MatchMove Pay said on Thursday it had received a $100 million investment from U.S. based IT services provider Nityo Infotech Corp to support efforts to expand its presence to more markets.
MatchMove will be valued at $600 million following the deal and Nityo, which operates in 38 countries, will become its largest shareholder, the joint statement said. MatchMove helps companies embed digital financial services into their existing platforms or apps. It has regulatory approval to operate in six countries including India, Indonesia and Malaysia.
Its other investors include Singapore-listed Singapura Finance and Japan’s NTT Investment Partners. (Reporting by Chen Lin in Singapore Editing by Ed Davies) ....

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Exclusive: Paytm, MakeMyTrip, Infosys offer to help India with COVID vaccine bookings

Paytm, Infosys and MakeMyTrip are among companies seeking approval in India to provide online COVID-19 vaccine bookings, the head of the government's tech platform said, as the country tries to make it easier for its huge population to book shots. ....

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UPDATE 2-S.Africa's TFG plans tech hiring spree after sliding to a loss

Firm holds back final dividend (Recasts with new tech hires, Jet standalone homeware stores) ....

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Marqeta prices IPO above range, valuing startup at $15 billion

2 Min Read
NEW YORK (Reuters) -U.S. payments startup Marqeta, which counts the likes of Uber and Stripe among existing backers, on Tuesday priced its initial public offering (IPO) well above the target range to raise $1.2 billion, the company said in a statement.
Marqeta sold 45.45 million shares at $27 per share. It had earlier set a price range of $20 to $24 a share.
On a fully diluted basis, which includes securities such as stock options and restricted stock units, Marqeta is currently valued at $15.23 billion, based on its IPO price.
The company had been valued at $4.3 billion when it raised $150 million from investors in May last year. Excluding employee stock options, Marqeta will have a market capitalization of $14.3 billion. ....

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