Flutterwave Seeks New Funding at $3B Valuation
Nigerian cross-border payments startup Flutterwave is putting its feelers out for a new round of funding at a minimum valuation of $3 billion, about triple its last value, per news reports that cited unnamed sources. Although nothing is finalized,…
Britain’s sixth-largest energy provider Bulb seeks bailout as gas prices surge
Energy supplier Bulb has become the latest firm to seek a bailout amid the surge in gas prices (Stock image) (PA) The UK’s sixth-largest energy company, Bulb, is seeking a bailout as a surge in wholesale gas prices threatens to cause chaos for the…
Device Access for Every American Act seeks to bridge the digital divide
Published Wednesday, Sep. 15, 2021, 3:54 pm Join AFP’s 100,000+ followers on Facebook Purchase a subscription to AFP Subscribe to AFP podcasts on iTunes and Spotify News, press releases, letters to the editor: [email protected]…
China Seeks to Consolidate Crowded Electric-Vehicle Industry
China wants its electric-vehicle industry that supports hundreds of car makers to consolidate and strengthen its business, the country’s top auto industry regulator said Monday. “The number of new-energy vehicles companies is too big, and the…
SoftBank-Backed Fintech Startup Seeks $3.5 Billion Value in IPO
(Bloomberg) — Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the first of India’s mega-startups to debut as its digital economy booms. The startup plans to secure about…
After $20 Billion Jio Frenzy, Ambani Seeks Money for Retail
(Bloomberg) — After raising more than $20 billion for his digital venture in three months, billionaire Mukesh Ambani is readying his retail unit for global partners, as his oil-to-petrochemicals conglomerate turns to India’s billion-plus consumers…