Browsing: funding

Dohop Simplifying Global Travel Connections Dohop is a travel technology platform dedicated to making connecting flights, hotels, and other travel services simpler and more accessible for users worldwide. Headquartered in Reykjavik, Iceland, partners with airlines and travel service providers, creating seamless, efficient connections for travelers and travel brands alike. Let’s explore how works, its benefits, and its role in shaping the future of travel. What Is Dohop Dohop is a platform that uses innovative technology to connect flights from different airlines and facilitate hassle-free transfers for travelers. Unlike traditional booking systems that may only show options within a specific airline…

CloudPay Secures $120 Million Funding to Bolster its Global Customer Base Andover, UK, 8 August 2024 – CloudPay, the leading independent provider of global payroll and payment solutions, today announces the successful completion of a $120 million funding round led by Blue Owl Capital, with participation from existing shareholders Rho Capital Partners, The Olayan Group, and Hollyport Capital. This investment fortifies CloudPay’s capital base and provides flexibility for future growth initiatives. With a distinguished 30-year history, CloudPay has established a world-class customer base, collaborating with over 280 corporate clients to manage their payroll and payment requirements across more than 130…

As the African business ecosystem continues to flourish, with significant mergers and acquisitions (M&A) activity in recent times, founders and CEOs must navigate a complex landscape to secure larger funding rounds or successful exits. Victor Basta, CEO of DAI Magister, offers invaluable advice for African growth-stage companies aiming to maximise their funding and exit values. The African market is on an upward trajectory, evidenced by 43 M&A deals announced in the first quarter of 2023 across Africa and the Middle East, totalling over $1 billion—an impressive 45% increase from the previous quarter. This surge presents a golden opportunity for African…