Tag: Mastercard
US LP brings in senior exec for Africa FoF build out
A US-based limited partner (LP) has bolstered its fund investment team with the hire of a senior capital allocator from a development financier –...
VC portco in bankruptcy with c13 investors
A company backed by a consortium of venture capital players has proceeded with bankruptcy following various rounds of raisings. At least 13 investors have...
US player invests at $5.2bn valuation
Mastercard has backed MTN Group’s financial technology arm, MTN Group Fintech, valuing the unit at $5.2 billion.
Mastercard is buying a minority stake in MTN...
Ex-Black Rhino MD joins Twitter board
Ex-Black Rhino managing director, Mimi Alemayehou, has been appointed to the board of a US-based technology company Twitter.
She is currently senior vice president for...
Ex-Black Rhino MD joins MasterCard
Black Rhino’s ex-managing director Mimi Alemayehou has joined US-based financial services technology company Mastercard as senior vice president, public private partnerships - a newly...
PE-backed Jumia sued by new investors
Private equity backed Jumia, a Nigeria-based consumer technology company, has had a class action lawsuit brought against it in the US, on allegations of...