Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion – Launch Base Africa
Egyptian consumer credit startup Lucky has raised a $23m Series B funding round, comprising a mix of equity and debt,…
Tag: profitability
India’s Startup Ecosystem Sees AI Surge, Deeptech Growth, and Profitability Push
ndia’s startup ecosystem doesn’t really “start” a new month—it surges into it. As April opens, there’s a noticeable shift in…
China’s EV Startups Are Starting to Make Money, and That Should Worry Detroit
Photo Courtesy: Autorepublika. While U.S. and European automakers are still spending heavily to survive the shift to electric vehicles, a…
GoTo Pushes Profitability 📊, Kredivo Expands Abroad 🌏, Indonesia Doubles Down on Digital Safety 🛡️
Dear subscriber, Good morning! This week brings another wave of encouraging developments across Indonesia’s digital ecosystem. Several homegrown companies are…
Fintech unit shines as GoTo chases profitability amid lingering losses – e27.co
Fintech unit shines as GoTo chases profitability amid lingering losses e27.co Source link
How PhonePe built multiple revenue engines to move closer to profitability ahead of its IPO
India’s largest UPI platform PhonePe has grown from a high burn startup into one of the country’s most influential fintech…
Inside GetEquity’s hard pivot to profitability
GetEquity, a Nigerian fintech platform that functions as a digital marketplace for private capital, began in the venture capital boom…
Nigerian Mobility Startup MAX Secures $24 Million Following Achievement of Profitability – Tech In Africa
Metro Africa Xpress (MAX), a mobility financing company based in Nigeria, has closed a $24 million funding round comprising both…
Edtech PhysicsWallah expects full-year profitability by FY27 – The Economic Times
After reporting a profitable second quarter, edtech company PhysicsWallah expects to repeat the performance in the third quarter as well,…
Making money from EVs is notoriously hard. Xiaomi just joined a tiny list of carmakers doing it.
One of Tesla’s most fearsome Chinese rivals has just cracked the code to profiting from EVs. Smartphone maker Xiaomi said…
Digital lender Nubank posts Q3 income beat, record profitability – Reuters
Digital lender Nubank posts Q3 income beat, record profitability Reuters Source link
Melinda French Gates-backed women’s health startup Tia just cut 23% of its workforce
Women’s health startup Tia has slashed about 23% of its staff, Business Insider has learned. The company, which provides in-person…
Youth sports startup navigates tariffs on way to profitability – The Business Journals
Youth sports startup navigates tariffs on way to profitability The Business Journals Source link