Trade Republic snags $900 million in funding
German neobroker Trade Republic has scored the country’s largest ever fintech funding round, a $900 million Series C that puts a $5 billion price tag on the six-year old firm. The investment was led by Sequoia with participation from new investors TCV and Thrive Capital as well as existing investors Accel, Founders Fund, Creandum and […]
Freelance banking app Lili raises $55 million
Lili, a banking app designed for US freelancers and gig-economy workers, has raised $55 million in a Series B investment round led by Group 11.Offering features such as expense management, tax preparation, and no-fee accounts, Lili has doubled its account base in the past six months, claiming 200,000 users as the global pandemic forces more […]
Curve returns to the crowd for fresh funding round
Curve, the London-based fintech that combines multiple cards and accounts into one smart card and app, is to return to the crowd for fresh funding five months after sealing a $95 million equity round. Set to go live later in May, the Crowdcube campaign comes as the company steps up its plans for expansion in […]
Latin American crypto exchange Bitso hits $2.2bn valuation
Latin America’s largest cryptocurrency platform, Bitso, has hit a $2.2 billion valuation off the back of a $250 million Series C equity round led by Tiger Global and Coatue.Paradigm, Bond & Valor Capital Group, QED, Pantera Capital, and Kaszek joined the round for Bitso, which offers a crypto trading app for retail investors as well […]
Wealthsimple raises C$750m
Canadian fintech Wealthsimple has hit a C$5 billion valuation off the back of a C$750 million funding round led by Meritech and Greylock. DST Global, Sagard, Iconiq, Dragoneer, TCV, iNovia, Allianz X, Base 10, Redpoint, Steadfast, Alkeon, TSV, Plus Capital, plus celebrities Drake, Michael J Fox, Ryan Reynolds, Kelly Olynyk, Dwight Powell, and Patrick Marleau […]
Paxos raises US$300m for blockchain infrastructure platform
Labeling itself as the first platform of its kind, Paxos’ vision is to create the foundation for a “new, open financial system” capable of operating faster, more efficiently, and with greater inclusivity on a global scale. It is achieving this through a combination of turnkey APIs, regulated token asset exchanges, and blockchain-based settlements for institutions. Officially […]
German challenger Vivid Money raises EUR60m
Berlin-based mobile banking app Vivid Money has raised €60million in a Series B funding round led by Greenoaks and joined by existing investor Ribbit Capital. The round gives Vivid, which was founded in 2019 by Artem Yamanov and Alexander Emeshev and has backing from Russian giant Tinkoff Bank, a €360 million valuation. Launched in Germany […]
Teen Banking Startup Step Takes In $100 Million In Series C Funding
Step has raised $100 million in Series C funding, the FinTech banking startup said in a news release on Tuesday (April 27). Led by General Catalyst, the round attracted some high-profile investors, including NBA All-Star Stephen Curry, actor Jared Leto and Dreamers VC, the fund founded by Will Smith. The company, which recently marked 1.5 million users in […]
Greenlight hits $2.3bn valuation on $260m funding round
Greenlight Financial Technology, the startup behind an app and debit card for kids, has hit a $2.3 billion valuation thanks to a $260 million Series D funding round led by Andreessen Horowitz.TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, BOND, Fin VC, Goodwater Capital, Wellington Management, Owl Ventures and LionTree Partners joined the round, which […]
Chargebee valued at $1.4 billion in new $125 million fundraise
A startup that enables businesses to set up and manage their billing, subscription, revenue operations and compliance has become the newest firm to earn the much-coveted unicorn status. Chennai and San Francisco-headquartered Chargebee said on Tuesday it has raised $125 million in its Series G financing round led by Sapphire Ventures and existing investors Tiger Global and […]
