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Sources: Erebor, Palmer Luckey's digital bank, raised $350M led by Lux Capital at a $4.35B post-money valuation; it secured FDIC approval last week (Axios)

Axios : Sources: Erebor, Palmer Luckey's digital bank, raised $350M led by Lux Capital at a $4.35B post-money valuation; it secured F...

16 January 2024

Sources: African neobank Kuda raised $20M in 2023 at a $500M valuation, same as its 2021 valuation; it has 7M retail and business users, short of projections (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
Sources: African neobank Kuda raised $20M in 2023 at a $500M valuation, same as its 2021 valuation; it has 7M retail and business users, short of projections  —  Earlier this month, Kuda co-founder and CEO Babs Ogundeyi told users that the Nigerian online challenger bank had reached almost ₦ …

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