fundraising

OpenAI Backer Thrive Capital Plans $3 Billion Fundraise Amid Tech Downturn

OpenAI Backer Thrive Capital Plans $3 Billion Fundraise Amid Tech Downturn
OpenAI Backer Thrive Capital Plans $3 Billion Fundraise Amid Tech Downturn
January 07, 2024  |  Investments

Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan....

READ MORE >
BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn
BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn
December 18, 2023  |  BNPL

Saudi Arabia-based buy now, pay later (BNPL) platform Tamara has become that nation’s first unicorn. The company announced Monday (Dec. 18) that it had closed a...

READ MORE >
Blockchain Payments Firm Fnality Raises $95.2 Million
Blockchain Payments Firm Fnality Raises $95.2 Million
November 14, 2023  |  Investments

Blockchain-based wholesale payment systems firm Fnality has raised $95.2 million in a new funding round. The round, as reported Tuesday (Nov. 14) by Bloomberg News, was led by Goldman...

READ MORE >
For FinTechs, Raising Capital Is Like It’s 2017
For FinTechs, Raising Capital Is Like It’s 2017
November 09, 2023  |  Fintech Investments

FinTechs remain in a tight spot, as far as fundraising goes. The third quarter of this year saw investment in private FinTechs fall 46% compared to the...

READ MORE >
Shift4 and Give Lively Team to Improve Digital Donations for Nonprofits
Shift4 and Give Lively Team to Improve Digital Donations for Nonprofits
September 24, 2023  |  Digital Payments

Payments technology company Shift4 has launched a partnership with nonprofit fundraising platform Give Lively. The collaboration, announced Saturday (Sept. 23), is designed to help nonprofits in the U.S. avoid...

READ MORE >
SimpleClosure CEO Says Automating Shutdowns Breaks the Taboo Around Startup Failures
SimpleClosure CEO Says Automating Shutdowns Breaks the Taboo Around Startup Failures
September 14, 2023  |  Startups

It’s a challenging economy for consumers — and startups don’t have it any better. Nine out of every 10 startups that raise money end up failing over a 10-year period. Observers...

READ MORE >
OpenLoop Raises $15 Million to Grow White-Label Telehealth Support Platform
OpenLoop Raises $15 Million to Grow White-Label Telehealth Support Platform
March 16, 2023  |  Healthcare

OpenLoop has raised $15 million in Series A funding for its white-label telehealth support platform. The firm has also begun enabling clients to offer reimbursable...

READ MORE >
Candidly Raises $20.5 Million for Student Debt and Savings Optimization
Candidly Raises $20.5 Million for Student Debt and Savings Optimization
March 08, 2023  |  Mobile

Candidly has raised $20.5 million in a Series B round to help reduce student debt. The firm embeds its student debt and savings optimization platform...

READ MORE >