Rosier prospects of growth in America could spell trouble for investments in emerging markets as investors choose to put their money into more robust economies, The Wall Street Journal reported on Thursday (April 8). “February and March saw the biggest net outflows from emerging-market bonds...
The first quarter of 2021 marked a record-setting time for startup funding, with investors pumping $72.7 billion into North American tech startups’ growth-stage rounds. As Crunchbase reported on Thursday (April 8), that total is the highest in the history of the dataset. Q1 funding was...
StockX, the eCommerce marketplace for products such as sneakers and streetwear, has wrapped up financing that left the company with a $3.8 billion valuation, according to a Thursday (April 8) press release. The company concluded a $195 million secondary tender offering in addition to a...
London FinTech startup TrueLayer raised $70 million in a Series D funding round led by new investor Addition, as well as existing backers Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek. Additional investors include Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter (CEO Stedi),...
Creator crowdfunding startup Patreon raised $155 million at a $4 billion valuation led by new investor Tiger Global Management with participation from Woodline Partners, Wellington Management, Lone Pine Capital and New Enterprise Associates, The Wall Street Journal reported on Wednesday (April 7). The digital platform connects...
FinTech infrastructure startup Plaid raised $425 million in a Series D funding round, putting the company’s valuation at $13.4 billion. This is its first funding since its $5.3 billion sale to Visa was blocked. “In founding Plaid nearly a decade ago, we dreamt of a...
Audio-centric social network Clubhouse is looking at a possible fundraising round at a valuation of around $4 billion, Bloomberg reported, citing unnamed sources. That pricing would see the social network’s valuation quadrupled from January, showing the sky-high expectations investors have for the app. The app...
Goldman Sachs spent £75 million ($104 million) to buy additional Deliveroo shares in an effort to support the initial public offering (IPO) price after a disappointing debut on the London Stock Exchange (LSE), the Financial Times reported, citing sources. The underwriter’s buy was almost 25 percent...
CRED, an Indian FinTech that says its payment platform helps members pay credit card bills on time through incentive programs and high-tech tools, on Tuesday (April 6) announced a new fundraising round that puts its valuation at $2.2 billion, according to published reports. The newly...
