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LeapFrog’s new fund to double down on financial and healthcare sectors in Africa and Asia

LeapFrog Investments, a private equity firm that is keen on the financial and healthcare sectors, plans to raise US$1 billion for a new fund targeting businesses in “global growth markets,” including Africa. The Emerging Consumer Fund IV is set to hold a final close in February 2024, having already secured the backing of several institutional investors, including the European Investment Bank (EIB) and World Bank’s IFC, which have committed US$60 million and US$50 million, respectively.

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Kushki becomes first next-gen payment acquirer in LatAm, giving PSPs ‘more control’

October 19, 2023

Kushki, a unicorn payments technology company connecting Latin America through payments, has become the first next-generation merchant acquirer in the region; following primary membership with Visa and Mastercard in Mexico, Chile, Peru and Colombia. Before this development, merchants and payment companies in Latin America had to depend on one or more local acquirer processors per country which usually operated as monopolies established in the 1990s. Seven years since its founding, local regulators in the named countries have approved the company, making it the first non-bank entity to receive approval to operate as a merchant... Read More >

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Zeta Global to Buy LiveIntent for $250 Million

October 9, 2024

CDP and marketing cloud vendor Zeta Global announced an agreement to purchase LiveIntent, which helps companies do email-based advertising.  The deal will let Zeta expand its identity graph, enter the publisher monetization business, and accelerate its mobile and retail media products.  Zeta will pay $77.5 million in cash and $172.5 million in common stock, with potential for additional payments based on performance.

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