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...
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...
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...
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...
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...
The SoftBank Vision Fund is preparing to invest $450 million in Indian food delivery startup Swiggy, Indian publication The Economic Times reported, after a few years of sitting on the sidelines as the sector grew. Bengaluru-based Swiggy would likely be valued at $5 billion. Earlier...
Olist, a Brazilian eCommerce solutions platform backed by SoftBank, has raised $23 million in investments from Goldman Sachs and others, Reuters reported on Thursday (April 15). Venture capital firm Redpoint also participated. Other investors include Valor Capital, Velt Partners, FJ Labs, Península Participacoes and software...
Walmart has invested in San Francisco-based Cruise, which is working on an all-electric fleet of self-driving cars, according to a press release. Walmart said it has been looking into the role of autonomous vehicles in the past few years, saying that it has “seen enough...
Bukalapak, an Indonesian eCommerce company, has raised $234 million in a funding round, Reuters reported. The round was led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to Reuters. The company was founded 11 years ago and was worth more...
