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Author: Jennifer Hill

Ribbit and Susquehanna co-lead $30m Credit Karma round

Ribbit Capital, which raised $100m for its debut fund from limited partners including financial services firms BBVA and Silicon Valley Bank in January, has co-led a $30m round in Credit Karma, an online personal credit tracking service. Susquehanna Growth Equity, the private equity division of financial group Susquehanna, joined Ribbit in the series B fundraising. They… Continue reading Ribbit and Susquehanna co-lead $30m Credit Karma round

Hammer falls on $20m round for Auctionata

Germany-based online auction house Auctionata has raised $20.2m for global expansion of its live online art, antiques and collectibles auctions from Earlybird Venture Capital. Earlybird joins a team of investors that includes Bright Capital, the corporate-backed venture firm and eVenture Capital Partners, which is backed by Germany-based retailer the Otto Group. Kite Ventures, HV Holtzbrinck… Continue reading Hammer falls on $20m round for Auctionata

Telefónica’s Wayra selects 17 for academy

Tech accelerator Wayra has chosen 17 start-ups, ranging from cloud-based ticketing platforms to social apps and healthcare software, to enter its academy. Each will receive up to €40,000 ($52,381) in funding and stand the chance of Telefónica taking a minority shareholding of 5-10%. Winners will also receive access to a central London work space rent… Continue reading Telefónica’s Wayra selects 17 for academy

e-tailer Wantitall backs Citymob

Wantitall, one of South Africa’s largest online retailers, has invested an undisclosed sum in flash sales specialist Citymob. Citymob, which has daily sales of curated, ‘design’ products at up to 70% off, will use the investment to improve its systems, logistics and warehousing facilities, as well as expand its customer base.