Weekly Round Up: 8/27/2021

At Greenspring we believe in venture capital's ability to propel innovation, job creation and positive societal change. We celebrate those who think differently, take measured risk and challenge perceptions. Here's what's trending in VC this week.

Nigerian mobile payments platform OPay has raised $400 million in recent funding with participation from Greenspring manager Redpoint. You can read more here. 

Zepz, a a London-based digital cross-border payments platform, has raised $292 million in recent financing with participation from Greenspring manager Accel. More on how the company will leverage the round here. 

We are thrilled to congratulate Greenspring manager Fika Ventures on the successful raise of their third $160M core fund and first $35M opportunity fund to bring patient capital to founders who make meaningful contributions to our society. More on this exciting news here. 

Workstream, a San Francisco-based hourly worker hiring and onboarding platform, raised $48 million in Series B funding with participation from Greenspring manager Founders Fund. More here. 

Soda Health, which helps consumers in seeking reimbursement for health-related items & services integral for good health maintenance but that are not covered by traditional medical claims, has raised $6M in Seed funding co-led by Greenspring manager Lightspeed Venture Partners. 

Mexico-based neobroker Flink has raised $57 million in Series B financing led by Greenspring manager Lightspeed Venture Partners. More on what led the team to do the deal here. 

Balance, a San Francisco-based business-to-business-focused payments company, raised $25 million in Series A funding with participation from Greenspring manager Lightspeed Venture Partners. More here. 

Greenspring portfolio company Baffle's Co-founder and CEO Ameesh Divatia joined Cheddar News to discuss its fresh round of capital, how Baffle encrypts data from the moment it's created, and how major companies like IBM, Amazon and Microsoft use Baffle's services. Watch it here. 

Michael Eisenberg of Greenspring manager Aleph's book is officially available! You can order your copy here.  

We are humbled to once again be nominated in two categories for this year's Private Equity Wire Awards! We are shortlisted for Best Fund of Funds Manager (fund size up to $500m) and Best Fundraising Firm – Fund of Funds. To learn more about selection criteria and to vote click here.