Toronto-based fintech company KOHO has raised $42 million led by Portag3 Ventures as the company is seeing over $500 million in annualized transactions.
Vista Equity Partners founder and the richest black man in America Robert F. Smith is paying off the student loan debt of 396 Morehouse College graduates.
India-based home design and renovation platform company Livspace announced it received minority investment funding from Ikea partner Ingka Investments.
London-based food delivery company Deliveroo has announced it raised $575 million in Series G funding led by Amazon. Existing investors also participated.