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Sources: Lagos-based Sabi, which provides a marketplace, inventory management tools, and more to SMEs in Africa, raised a $38M Series B at a $300M valuation (Tage Kene-Okafor/TechCrunch) 19-05-2023

Tage Kene-Okafor / TechCrunch: Sources: Lagos-based Sabi, which provides a marketplace, inventory management tools, and more to SMEs in Africa, raised a $38M Series B at a $300M valuation  —  Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy … Lees verder op Tech Meme

The UK sentences Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, to over 13 years in prison (Katharine Gemmell/Bloomberg) 19-05-2023

Katharine Gemmell / Bloomberg: The UK sentences Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, to over 13 years in prison  —  The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) … Lees verder op Tech Meme

Jeff Jordan, a16z's fifth general partner who joined in 2011, steps back from active investments but will continue to work on his portfolio and board positions (Alex Konrad/Forbes) 19-05-2023

Alex Konrad / Forbes: Jeff Jordan, a16z’s fifth general partner who joined in 2011, steps back from active investments but will continue to work on his portfolio and board positions  —  Longtime Andreessen Horowitz venture capitalist Jeff Jordan is stepping back from active investments. Lees verder op Tech Meme

Restaurant365, which sells restaurant management software, raised $135M led by KKR and L Catterton at a $1B+ valuation, bringing its total funding to $288M (Ingrid Lunden/TechCrunch) 19-05-2023

Ingrid Lunden / TechCrunch: Restaurant365, which sells restaurant management software, raised $135M led by KKR and L Catterton at a $1B+ valuation, bringing its total funding to $288M  —  The price of food continues to go up and up, but surprisingly that hasn’t (yet?) played out as pressure on the wider restaurant industry. Lees verder op Tech Meme

The Australian Securities Exchange will no longer attempt to rebuild its software using blockchain, after “pausing” seven years of development in November 2022 (Byron Kaye/Reuters) 19-05-2023

Byron Kaye / Reuters: The Australian Securities Exchange will no longer attempt to rebuild its software using blockchain, after “pausing” seven years of development in November 2022  —  Australia’s stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology … Lees verder op Tech Meme