Investments

Investments
Vacation Home Startup Pacaso Raises $75 Million At $1 Billion Valuation
March 24, 2021

Real estate startup Pacaso raised $75 million at a valuation of $1 billion just six months after launching — the fastest U.S. company to reach unicorn status, the company announced on Wednesday (March 24). The new funding was led by venture capital leaders Dana Settle of Greycroft...

Investments
Hopper Lands $170 Million, Launches Travel Partnership With Capital One
March 24, 2021

Mobile travel app Hopper has pulled in $170 million in additional venture funding fueled by its new partner in the travel industry, Capital One. Hopper said the goal is to create Capital One Travel for the banking giant’s cardholders, according to a Wednesday (March 24) press...

Investments
Airwallex Raises $100 Million, Valued At $2.6 Billion
March 23, 2021

Airwallex is the recipient of a $100 million investment that has raised its valuation to $2.6 billion, according to a press release. The move brings Airwallex’s Series D funding to $300 million, with $500 million in total overall equity funds raised, the release stated. The...

Investments
UK Competition Watchdog Cautions Young Traders On Risky Investments
March 23, 2021

New research from the U.K.’s competition watchdog indicated that younger traders are increasingly taking part in risky investments without fully understanding the possible pitfalls and consequences, according to a Financial Conduct Authority (FCA) press release on Tuesday (March 23). The research from the FCA examined...

Investments
Y Combinator Gives SMB Digital Banking Platform NextPay $125K Boost
March 23, 2021

Philippine FinTech platform NextPay got a financial shot in the arm with $125,000 in pre-seed funding from Silicon Valley startup accelerator Y Combinator (YC), e27.com reported on Tuesday (March 23). A digital bank targeting small and medium-sized businesses (SMBs) in the Philippines, NextPay is earmarking...

Investments
Digital Real Estate Startup Loft Lands $425 Million, Valued At $2.2 Billion
March 23, 2021

Brazil-based startup Loft Holdings continues to rake in venture funding, as the digital revolution in real estate takes hold worldwide. Earlier this year (Jan. 3), Loft announced it had pulled in $175 million in funding. Today (March 23), The Wall Street Journal reported that Loft,...

Investments
Online Healthcare Startup Ro Lands $500 Million In Venture Funding
March 23, 2021

Healthcare technology company Ro has raised $500 million, pulling in cash from an array of venture funders. All told, the company said in a press release on Tuesday (March 23), Ro has raised $876 million in funding since it was founded in 2017. “The current...

Investments
Ant’s Alipay Intros Advisory Platform For Asset Managers
March 22, 2021

Ant Group in China is introducing an investment consulting solution that will enable robo-advisers to extend services to Alipay’s 1 billion users, Bloomberg reported on Monday (March 22). Five asset management firms in China have joined the platform known as Tougu Guanjia, meaning investment advisory...

Investments
Toyota Leads $500 Million Round For Chinese Auto Driving Startup Momenta
March 21, 2021

Momenta is now the recipient of a $500 million investment round led by Toyota in order to provide new technologies like automated HD mapping and updates through vision-based technologies, a company announcement says. Both companies are looking to promote their new Toyota Automated Mapping platform...