Investments

Investments
Kid-Friendly FinTech Greenlight Raises $260 Million, Valued At $2.3 Billion
April 27, 2021

Family-centric FinTech Greenlight Financial Technology, Inc. has raised $260 million in a Series D funding round, valuing the startup at $2.3 billion, according to a Tuesday (April 27) press release. Greenlight will use the funding to expand its product development and distribution. Greenlight offers a money...

Investments
Neobank Current Notches $220 Million At $2.2 Billion Valuation
April 27, 2021

New York FinTech startup Current raised $220 million in a Series D investment round led by new investor Andreessen Horowitz that triples the company’s valuation to $2.2 billion. The latest capital infusion brings Current’s total funding to more than $400 million. Additional investments came from...

Investments
Trendyol Seeks Additional $1 Billion After $350 Million Investment From Alibaba
April 26, 2021

The Chinese tech giant Alibaba has strengthened its ties to the Turkish eCommerce platform Trendyol with a $350 million investment. According to reports, this capital injection gives Alibaba an 86.5 percent stake in Trendyol. “Founded in 2010 by Demet Suzan Mutlu, Trendyol is Turkey’s largest...

Investments
Brex Raises $425 Million Series D At $7.4 Billion Valuation
April 26, 2021

Silicon Valley-based business growth firm Brex raised $425 million in a Series D investment round led by Tiger Global that gives the startup a valuation topping $7.4 billion, the company announced in a Monday (April 26) press release.  Additional participation in the round included new...

Investments
Chinese Firms Listing In US At 8x Clip Over 2020
April 26, 2021

Chinese companies are listing on U.S. exchanges at a record pace, Bloomberg News reports. The move to U.S. equity markets come even as U.S. market regulators promulgate rules that could make life difficult for Chinese companies. U.S. initial public offerings this year have generated $6.6...

Investments
Fraud-Prevention Platform Sift Raises $50 Million, Valued At Over $1 Billion
April 22, 2021

Sift, which works in digital safety, has ended a new funding round and raised $50 million, according to a press release. The company is now valued at over $1 billion. Private equity firm Insight Partners led the round, and there was participation from Union Square...

Investments
Saudi BNPL Firm Tamara Raises $110 Million Led By Checkout.com
April 22, 2021

Checkout.com, an eCommerce company, is leading a $110 million funding round for Saudi payments firm Tamara, which bills itself “the leading buy now, pay later (BNPL) provider” in the Middle East. The deal would be one of the region’s largest-ever startup venture rounds. Bloomberg reported...

Investments
Deel Raises $156 Million In Series C Funding For Remote Payroll Solution
April 21, 2021

Deel has raised $156 million in series C funding and welcomed a new board member, the global payroll company announced in a press release on Wednesday (April 21). This round of funding was led by YC Continuity Fund, whose Managing Director Ali Rowghani will join...

Investments
Misfits Market Raises $200 Million To Expand D2C Grocery Platform
April 21, 2021

Online grocer Misfits Market has announced a $200 million Series C funding round co-led by led by Accel and D1 Capital, with participation by Valor Equity Partners, Greenoaks Capital, Sound Ventures and Third Kind Ventures. The over-subscribed round brings the company’s total funding to $301.5 million,...