Brazil’s RecargaPay has raised $70 million in a Series C funding round to expand its payments platform for consumers and small businesses. The funding round, led by IDC Ventures and Fuel Venture Capital, brings RecargaPay’s total funding to over $100 million. Other investors include Experian,...
Smart home tech company Plume raised $270 million in a Series E funding round, valuing the company at $1.35 billion. The funding represents a minority investment from Insight Partners, a global venture capital and private equity firm, according to a press release, and brings Plume’s...
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines. Tyme, headquartered in Singapore, will primarily use the funding to expand TymeBank in South Africa, where...
Zomato, the foodtech unicorn, has raised another $250 million from both existing and new investors before a potential initial public offering (IPO) later this year, Mint reported. Zomato’s current valuation at the primary pre-IPO phase is $5.4 billion, which is a large increase from its...
SPH Health Commerce, an online pharmacy and hospital in China, landed a 1.033 billion yuan ($159.7 million) Series B funding round led by Shanghai Biomedical Industrial Equity Investment Fund and JIC Investment. Other investors included Sinocare; Shanghai SITICO Asset Management, New Alliance Capital, Ample Harvest...
Stripe is reportedly valued at $115 billion by investors in “secondary market” deals, according to a Forbes report, which noted that the amount is more than triple the $36 billion valuation the company garnered at the time of an April 2020 investment from venture firms....
Property technology firm Knock has raised $20 million to fund its growth and expansion plans, the company announced Thursday (Feb. 18), saying the funding round was led by Fifth Wall. “The macroeconomic environment is driving institutional capital into multifamily real estate at an accelerated pace,”...
Signet Partners, the venture capital arm of South Korean retailer Shinsegae Group, has invested an undisclosed amount in the Singaporean super app Grab, The Korea Herald reported. The venture capital division was launched in July and has financially backed multiple South Korean companies, including investments...
Indian lending startup KreditBee, based in Bengaluru, is coming off a Series C round with $75 million, Mint reported. The round featured participation from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures, the report stated. KreditBee Co-Founder and CEO Madhusudan E...
