SA国际传媒

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Hard Kombucha, Fintech Around The World, And Hippos Love Honey

Illustration of woman wearing a Sassy t-shirt.

Welcome to the聽SA国际传媒 News Weekend Update. An email form of this post went out Saturday morning. Happy reading!

Hosting Thanksgiving, for the Mascarenhas family, means a couple things. It means a lot of聽, multiple trips to Trader Joes, and an attempt at聽

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It also means chaos in between all of those bits, so if you don鈥檛 mind, we鈥檙e going to make this newsletter a bit snappier than usual so I can head back to the cutting board.

Let鈥檚 start with a glaze: This week,聽PayPal acquired Honey for $4 billion, its biggest acquisition to date and its second buy this year. Speaking of historic deals,聽Hippo Insurance made its first known acquisition to date. Finally, we talked to聽SocialRank after it sold off its analytics business to Trufan. The startup told us聽a story聽about social media giants, venture capital money, and, in my opinion, a healthy dose of ego.

Now on to the funding rounds of the week. Learn about threat detection in cybersecurity through聽IntSight鈥檚 $30 million Series D raise, and how venture capitalists are willing to bet big on beverages through this startup that raised聽$25 million for hard kombucha. We also heard from Austin鈥檚 artificial intelligence scene, with聽$10 million for retail AI, and聽$40 million for real estate brokerage AI聽in the city.

Looking at fintech news,聽Redwood City, Calif.-based BlueVine raised $102.5 million聽to help bring financing options for small businesses. Outside the United States, Nigerian payment and ride-hailing app聽OPay raised a $120 million in a Series B, and聽Brazillian digital bank Neon reportedly raised $94 million.

And that鈥檚 all I have for you. I鈥檓 off next week, so no newsletter, but check out my聽聽if you鈥檙e invested in the mac and cheese saga. If not, I鈥檒l see you all in December.

 

Thankful for all of you that let us do our dream jobs everyday,

Natasha

滨濒濒耻蝉迟谤补迟颈辞苍:听

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