venture funding

Coupang Gets $2B Investment From SoftBank’s Vision Fund
Coupang Gets $2B Investment From SoftBank’s Vision Fund
November 20, 2018  |  Investments

Coupang, the South Korean eCommerce company, is getting a $2 billion investment from SoftBank’s Vision Fund, which will provide it with the money to speed...

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FinTech Acorns Seeks $100M At $700M Valuation
FinTech Acorns Seeks $100M At $700M Valuation
November 16, 2018  |  Investments

Through a reported funding round, digital wealth management startup Acorns Grow Inc. is said to be seeking over $100 million in funding. Such a round...

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CivilisedBank Ready To Reapply For Banking License
CivilisedBank Ready To Reapply For Banking License
November 15, 2018  |  B2B Payments

U.K. challenger bank CivilisedBank forfeited its banking license earlier this year with plans to shift its focus to underlying infrastructure and technology. Now, the company...

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Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
November 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s...

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Brazil’s Movile Notches $400M In Funding For iFood
Brazil’s Movile Notches $400M In Funding For iFood
November 14, 2018  |  Retail

Around two decades after starting as a digital content studio, Brazil’s Movile has notched $400 million in new funding in what has been reported as...

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American Eagle Leads $3.45M Investment In Dormify
American Eagle Leads $3.45M Investment In Dormify
November 09, 2018  |  Retail

Dormify announced a $3.45 million Series A investment led by American Eagle Outfitters. Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers...

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Analytical Flavor Systems Raises $4M To Further Develop AI Taste Platform
Analytical Flavor Systems Raises $4M To Further Develop AI Taste Platform
November 08, 2018  |  Investments

Analytical Flavor Systems (AFS), the startup that uses artificial intelligence to predict good-tasting food, has raised $4 million in a round of venture funding. According...

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Alibaba’s New On-Demand Online Services Unit Raised $4B
Alibaba’s New On-Demand Online Services Unit Raised $4B
November 08, 2018  |  Investments

Alibaba, the Chinese eCommerce giant, is having success with its newly-created on-demand online services unit — it raised $4 billion in funding, giving it a...

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JD.com’s Q2 Tech Investments Jump 70 Percent Year Over Year
JD.com’s Q2 Tech Investments Jump 70 Percent Year Over Year
November 07, 2018  |  Investments

China’s JD.com’s quest to expand into technologies such as artificial intelligence and automation is causing its expenses to soar, with the company seeing its Q2...

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