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Twiggle Raises $15M Led by MizMaa Ventures and Korea Investment Partners

May 11 2017

(May 11, 2017) Tel-Aviv, Israel – Twiggle , the company pioneering the use of artificial intelligence in online retail, today announced it has raised $15 million in funding led by MizMaa Ventures and Korea Investment Partners. Twiggle will use the funds to accelerate product development, expand... Read more


German fintech company, Kreditech, receives EUR 110 million investment from PayU

May 10 2017

In largest ever equity investment in a German fintech company, Kreditech receives EUR 110 million investment from PayU. PayU and Kreditech agree global partnership to increase access to credit services in high growth, emerging markets. Hamburg, 10 May 2017 – Kreditech, the leading... Read more


Creditas, announces the closing of a Series B investment round

Feb 21 2017

Online credit platform Creditas, announces the closing of a Series B investment round of R$60 million to accelerate the expansion of the asset backed credit in the country. The business plan includes the development of new channels for mass distribution and the reduction of the minimum interest... Read more


ShowMax expands service to Europe

Feb 15 2017

In a move set to expand its global footprint and build on its successes to date, Naspers’ internet TV service ShowMax is launching in Poland. The service will be branded ShowMax and utilise the current ShowMax platform and Polish language apps. The content on the service has been tailored... Read more


PayU invests $3.7mn in ZestMoney

Feb 02 2017

Acquiring 20% minority stake in ZestMoney, a technology platform that enables Indian consumers to access digital credit products, provided by regulated banks and NBFCs, is part of the larger vision of PayU’s strategy in India.   New Delhi, 2 February 2017 : PayU, the global FinTech... Read more


Data-led value creation in three steps

Jan 17 2017

By Evan Waters, Director, Growth & Performance Marketing at Naspers Data has become a business division in its own right in many organizations. It validates – or challenges – opinions and can mean the difference between an idea being signed off or rejected. Access to reliable data can mean... Read more


letgo Raises $175M as Top Mobile Marketplace Nears $23B in Annual Transactions

Jan 17 2017

With 20M monthly active users & 45M downloads, letgo is the fastest growing mobile marketplace to buy & sell locally   Proprietary artificial intelligence & image recognition fuel explosive user growth   Series C round led by Naspers, Accel, Insight Venture Partners, New Enterprise... Read more

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