Investments

Investments
Monzo Raises $80 Million At Lower $1.6 Billion Valuation
December 02, 2020

U.K. challenger bank Monzo has closed a funding round with another 60 million pounds ($80.3 million), the same amount as its last funding round from June, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Facebook And Celebrities Like Justin Timberlake Join $50 Million Series B For FinTech Startup Step
December 02, 2020

Silicon Valley FinTech startup Step has raised $50 million in a Series B funding round, the company announced Wednesday (Dec. 2). The funding round was led by new investor Coatue Management, a slew of celebrity backers and Big Tech executives. Founded in 2018 and launched on...

Investments
Swedish Startup Voi Scoots To $160 Million Funding For AltTransportation
December 01, 2020

Voi Technology, a Sweden-based eScooter startup, has raised $160 million as European companies vie for superiority in the new market for alternative transportation, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Iliad’s Niel Teams Up To Launch Organic Foods SPAC In France
November 30, 2020

Iliad SA Founder Xavier Niel is teaming up with other investors to raise up to $360 million, or 300 million euros, to launch a blank-check company aimed at acquiring assets focused on sustainable and environmentally friendly consumer goods. Get the Full Story Complete the form...

Investments
Growing HungryPanda Notches $70 Million In Funding
November 30, 2020

After eating up $20 million in venture funding earlier this year, HungryPanda loaded up with an additional $70 million, with Arma Partners acting as the exclusive financial advisor for the deal, according to a press release. Get the Full Story Complete the form to unlock...

Investments
Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
November 29, 2020

The Indian economy has suffered a blow due to the COVID-19 pandemic in spite of its massive 1.3 billion customer base, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B
November 24, 2020

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as...

Investments
Insurance Firm Hippo Gets $350M Investment From Mitsui Sumitomo
November 24, 2020

InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Indian Digital Payments Platform Cashfree Lands $35M From Apis Partners  
November 24, 2020

Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...