Chinese investor and Goodwell Investments back MFS Africa to speed business transactions

Tala raises $65 million for alternative credit scoring and mobile lending

  • Growth capital... The $65 million Series C round was backed by Revolution Growth — the growth-capital fund of Steve Case’s Revolution Ventures — along with IVP, Data Collective, Lowercase Capital, Ribbit Capital and Female Founders Fund. The company has raised $105 million in total to date.
  • New markets... Tala will expand to Mexico and India.
 

Edovo closes $9.8 million to expand tablet-based inmate education

  • Other criminal-justice focused startups... include Pigeonly, which has raised more than $5 million to  dramatically cut costs and hassles for friends and families in keeping in touch with inmates.
  • Mission-driven investors... backed Edovo’s Series A round, including SustainVC, Impact Engine, Kapor Capital and Ekistic Ventures.