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dLocal achieves USD 1.2 bln valuation after securing new USD 200 mln investment

News | Online Payments | 16 Sep 2020

dLocal has announced up to USD 200 million in new investment, led by existing investor General Atlantic, a global growth equity firm with a presence across North and South America, Europe and Asia.

dLocal, investment, General Atlantic, LATAM, merchants, Addition, emerging markets, ecommerce, Spotify Premium, Zara, local credit card payments, instalments, MasterCard, Visa, American Express, Google Pay, digital wallet

Blend secures 75 mln in Series F founding

News | Payments General | 13 Aug 2020

Blend, a digital lending solutions company, has secured USD 75 million in Series F funding led by Canapi Ventures

Blend, digital, lending, Canapi Ventures, mortgages, loans, Temasek, General Atlantic, 8vc, Greylock, Emergence, banking

Reliance Jio Platforms to sell USD 850 million stakes to L Catterton, TPG

News | Payments General | 15 Jun 2020

US-based private equity companies L Catterton and TPG have announced plans to invest USD 850 million in India-based telecom company Jio Platforms.

Reliance Jio Platform, stakes, investment, funding, private equity, India, L Catterton, TPG, Facebook, Silver Lake, KKR, Vista Equity Partners, General Atlantic, Mubadala, Abu Dhabi Investment Authority

Reliance rolls out JioMart online grocery service to challenge Amazon, Flipkart

News | Ecommerce | 25 May 2020

India-based company Reliance has launched an online grocery service, JioMart, aiming to compete with Amazon and Flipkart in the Indian market.

Reliance, JioMart, ecommerce, launch, Amazon, Flipkart, India, Facebook, coronavirus, KKR, General Atlantic