Sequoia bets big on Stripe, LatAm fintechs clean up and one African startup’s outsized Series A

Quick Summary:

This week, we’re looking at Sequoia Capital’s effort to give its LPs liquidity on the firm’s investments in Stripe, how LatAm fintechs are still catching investors’ attention, a sizable Series A from an African startup, and more.

CloudWalk is reported to be raising up to $400 million at a valuation of at least $4 billion, reports The Information (the company declined to comment on the rumors).

Evolve Bank & Trust confirmed that the personal data of at least 7.6 million people, including more than 20,000 customers based in Maine, was accessed during the incident, and the fallout from it continues to grow.

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Article Details

Author / Journalist: Mary Ann Azevedo

Category: Technology

Markets: United StatesIndiaPhilippines

Topics: Sequoia Fintech LATAM Stripe Series A TechCrunch Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 17:05:00 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1171 words

Reading Time: 7 minutes read

Sentences: 57 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21655562

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