Exit / M&A
Startup
Spotii
Dubai
Funding history
-
Unnamed stage
Investors
Every investor coverage indicates participated in a round Spotii raised.
Who bought Spotii
The transaction that ended Spotii's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Zip | Acquisition | 24 May 2021 | $26m | Startup Daily, TechCrunch Australia, Crunchbase News, Australian FinTech |
What Spotii bought
Companies Spotii acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Anuscha Ahmed | CEO | Australian FinTech |
Coverage
Stories naming Spotii. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Unnamed stage
Zip acquisition of Payflex means Africa is ripe for BNPL disruption
TechCrunch reports Zip's purchase of South African buy-now-pay-later firm Payflex, arguing Africa is an underserved market, and recaps the Australian company's earlier deals for Spotii, QuadPay and Twisto.
Unnamed stage
Zip expands into Europe and the Middle East
ASX-listed payments firm Zip Co has agreed to buy the outstanding shares of European BNPL provider Twisto and UAE rival Spotii, extending its buy-now-pay-later reach across Europe and the Middle East.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Crunchbase News·TechCrunch Venture·Startup Daily
17 deals
Ignition Lane’s Weekly Wrap: VC’s $1.6bn year, Christmas collapses, Bassat’s bitcoin bet
Weekly newsletter rounds up venture news: multiple Australian and regional VC fund closes, startup raises including Brighte and Judo, acquisitions of eNett and Sine, neobank collapses, and new revenue-based lenders.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech·Australian FinTech·TechCrunch Venture