Uber competitor Bolt is not putting all its eggs in its ride-sharing basket. Instead, the European company is using 600 million euros (nearly $713 million) generated in a recent funding round to bolster its new grocery delivery service, Bolt Market, the company announced on Monday...
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mercury, which helps install banking for startups, has raised $120 million in a funding round, according to a company blog post, and has set aside $5 million to let users in the round as well. Get the Full Story Complete the form to unlock this...
DoNotPay’s company description is that of a “robot lawyer” trying to “beat bureaucracy,” and the company just more than doubled its valuation to approximately $210 million after a round of investments, Bloomberg reported. Get the Full Story Complete the form to unlock this article and...
PayPal Ventures was among investors taking part in VNLIFE’s Series B funding round of more than $250 million, which secured the digital banking and payments company’s standing as Vietnam’s second tech unicorn, according to a Tech in Asia report. Get the Full Story Complete the...
The appetite for new listings got a bit of a test this week, with a less-than-soaring debut for a high-profile platform company, and relatively smaller deal sizes for special-purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy...
Robinhood shares closed out their first day of trading on the Nasdaq down over 8 percent, CNBC reported. This comes after the company priced at the bottom end of its initial public offering (IPO) range. Get the Full Story Complete the form to unlock this...
Turkey-based eCommerce startup Trendyol is reportedly near the finish line of a new funding round which is expected to drive the company’s valuation to $16.5 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Following an online conference with investment bankers, China’s securities regulator decided that initial public offerings (IPOs) in the U.S. can carry on, providing that Chinese listing requirements are met, CNBC reported, citing sources. Get the Full Story Complete the form to unlock this article and...
