FinTech news in QED category

In TeamApt, QED finds a company that bootstrapped for four years before raising a venture round in 2019 but has grown 300% annually to build one of the largest fintechs in Africa (in revenue and market cap)–and is profitable.

April users connect their payroll, bank statements, mortgage, prior year tax return and other finance apps to the platform and then tell April about significant tax events over the past year (e.g., moving to another state).

Industry veteran Jitendra Gupta consumer-focused neobank Jupiter has raised about $86 million in a new financing round as the Bangalore-based startup gears up to offer its customers lending and wealth management services. Tiger Global, QED and Sequoia Capital India co-led the two-year-old startup’s Series C round.