Financial

Digital banking platform operator Nu Holdings priced its IPO at the top of its range in New York, representing the first Brazil-originated flotation in three months.

Data and analytics companies raise money in the hundreds of millions, while GV spreads investments across multiple sectors.

SoftBank invested in rounds for Olist, Open Co and Juspay while Innovaccer raised $150m.

Affirm, FIS, Fiserv, MassMutual and New York Life all contributed to a round valuing the Bitcoin technology provider at over $7bn.

The chartered crypto bank continues to raise money as it ramps up its efforts to bring crypto to the traditional banking system.

Fidelity’s Eight Roads Ventures subsidiary has helped the BNPL platform provider close its fresh round at a $350m valuation a year after it was founded, as India sees steady growth in the market.

The mobility sector has been flourishing in the past few years with the development of ground-breaking technologies in the electrification, autonomous vehicles and connectivity segments reshaping the entire industry.

Airtable, HealthCare.com and T11 pull in nine-figure rounds.

Innovative region: Kenya

Monthly analysis: November 2021

Kaloyan Andonov spoke with Tianyi (Tony) Sun, director of corporate venture capital at GC International, about the experience of the relatively young CVC arm of Thailand-based PTT Global Chemical Public Company (PTT GC or GC), its alignment with the strategy of its corporate parent and what it can offer to entrepreneurs it backs