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Kenyan fintech Payload raises USD2m in seed funding from Next Chymia Consulting

Paylend, a Kenyan FinTech startup focused on providing access to finance and digitising MSMEs in Kenya, has raised USD2 million in seed investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain applications, consultancy services and training to global entities. Founded in September 2019, Paylend has

Diversis Capital makes significant growth investment in SalesRabbit

Diversis Capital Management, a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organisations, has made a significant growth investment in SalesRabbit, a specialist in field sales software. Founded in 2013, SalesRabbit has been enabling field sales organisations with end-to-end native mobile and web-based software. Its

Bottomline Technologies

Thoma Bravo acquires Bottomline for USD2.6bn

Software investment firm Thoma Bravo is to acquire Bottomline Technologies (Nasdaq: EPAY), a provider of business payments financial technology in an all-cash transaction that values the company at approximately USD2.6 billion. 

Audax Private Equity makes strategic investment in Integrate

Audax Private Equity (Audax) has completed a strategic growth investment in Integrate.com, a specialist in B2B Precision Demand Marketing. Financial terms of the transaction have not been disclosed. Integrate connects data, channels, technology, and team members to create intelligent buyer and account journeys and deliver Precision Demand Marketing at scale.

YFM makes GBP8m follow-on investment in DSP-Explorer

Independent UK-based Oracle partner, DSP-Explorer, a database and cloud managed services provider, has received an additional GBP8 million of investment from YFM Equity Partners (YFM).  The investment, made by the YFM-managed YFM Equity Partners Buyout II LP fund, will enable the business to continue its organic and acquisitive growth plans.

Foursan Group acquires 49 per cent of Jo Academy

Middle Eastern private equity firm Foursan Group has acquired a 49 per cent stake in Jo Academy, an online private tutoring platform based in Jordan.  Jo Academy established its preeminent reputation by offering online supplementary courses (pre- recorded and live) to Grade 12 students enrolled in the Jordanian national program

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