Citi has exited neobanking software developer Digit and real estate analytics provider Reonomy in acquisitions each sized at over $200m.
Funding
Internet and gaming group Tencent led a $48m series B round for South Africa-based digital payment technology developer Ozow today. Endeavor Catalyst and Endeavor Harvest also contributed to the round, which came in the wake of an undisclosed amount of funding from venture capital firm Kalon Venture Partners in 2017 and an undisclosed amount of series A financing from the same investor in June 2019.
Stellar Cyber, the US-headquartered creator of a detection and response-based cybersecurity software platform, secured $38m yesterday in a series B round that included consumer electronics producer Samsung and quantitative trading firm Susquehanna International Group (SIG). VC firm Highland Capital Partners led the round, which also featured Valley Capital Partners and Northern Light Venture Capital. The company said it has now raised $68m in total, including a $21.8m series A round closed in March 2020 backed by SIG, software testing services firm Digital Hearts,…
