Investments

Investments
Subscriptions Platform Chargebee Lands $125 Million In Venture Funding
April 20, 2021

Chargebee, a subscription billing and revenue management platform, has reeled in an additional $125 million in venture funding. The Series G round was co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners, and existing investor Steadview Capital also participated, Chargebee said...

Investments
Zoom To Back Apps With $100 Million
April 19, 2021

Zoom has rolled out a $100 million fund for investing in software companies that build apps using its technology, Reuters reported. Zoom Chief Financial Officer Kelly Steckelberg said the new fund will be making investments between $250,000 and $2.5 million in companies building “Zoom apps”...

Investments
French Super App Startup Alan Nets $220 Million On $1.67 Billion Valuation
April 19, 2021

Alan, a French startup working on healthcare solutions, has raised $220 million in a funding round, TechCrunch reported. The company is now valued at $1.67 billion. The company first registered to become a healthcare company around five years ago and now has over 160,000 people...

Investments
Indian Payments Startup Razorpay Notches $160 Million At $3 Billion Valuation
April 19, 2021

Indian FinTech Startup Razorpay, a digital payments facilitator for businesses, is notching $160 million in a Series E funding round that values the firm at $3 billion, three times its October 2020 valuation of about $1 billion. The funding round is being co-led by GIC...

Investments
BNPL Startup Zilch Valued At $500 Million Ahead Of US Launch
April 19, 2021

The “over the top” U.K. buy now, pay later (BNPL) startup Zilch has raised $80 million in funding, bringing its value to more than $500 million as it prepares to expand to the U.S. That’s according to TechCrunch, which reported Monday (April 19) that Zilch...

Investments
Secret Clubhouse Funding Round Would Value Company At $4 Billion
April 18, 2021

Clubhouse, the increasingly popular audio-based social media app, has closed a new Series C round, though it didn’t say how much it raised, Reuters writes. But a source familiar with the company said the new financing would put the company in the $4 billion valuation...

Investments
Revolut Gears Up For New Funding; Could Push Valuation To $10 Billion
April 18, 2021

London-based FinTech Revolut is on track to a fundraise that would value the company at between $10 billion and $15 billion, Sky News reported, citing unnamed sources. The company will use U.S. FinTech-focused investment bank FT Partners to guide the equity fundraising round, which would...

Investments
Massachusetts May Revoke Robinhood’s Broker-Dealer Registration
April 16, 2021

Regulators in Massachusetts are taking steps to pull Robinhood’s broker-dealer license, alleging that the digital trading app lures inexperienced investors and puts their money at risk, Reuters reported. Robinhood responded to the charge with a lawsuit accusing the Commonwealth officials of being “elitist.” Massachusetts Secretary...

Investments
AI-Based eCommerce Fraud Solution Signifyd Closes $205 Million Round
April 15, 2021

eCommerce fraud protection platform Signifyd has raised $205 million in a Series E funding round, the company announced in a press release Thursday (April 15), valuing the platform at $1.34 billion. Signifyd will use the money to expand its “identity-centric” commerce protection service, particularly in...