Look, we don’t get it either. Taking some time as a group to sit around and chat through the possibly impending PayPal-Pinterest deal, Natasha and Alex didn’t wind up cracking the story. Which makes some sense, as investors sent PayPal stock down 5% on the news, implying that they didn’t really get it either. Recall that […]
Tiger Global in talks to lead over $100M investment in India’s Slice
A number of high-profile investors are chasing to invest in Slice, a fintech startup that is attempting to expand the market for credit cards in India. Tiger Global is in advanced stages of talks to lead a round of over $100 million in the Bangalore-based startup, sources familiar with the matter told me. A number […]
Global startups raise $158B in Q3, an all-time record
We’re beginning to see why it feels so busy out there. It is!
Mark Cuban-backed Otto raises $4.5M to turn car equity into credit
Otto, a fintech startup which aims to allow people to tap into their vehicle’s equity for access to credit, has raised $4.5 million in a seed round of funding. The Dallas-based company is building a mobile platform that will essentially let people borrow against their vehicles at the same interest rate as standard credit cards. […]
Stable raises $46.5M in Greycroft-led round to help businesses manage ‘volatile’ commodity prices
Stable, an insurtech aiming to help minimize a businesses’ risk due to volatile commodity prices, today announced it has raised $46.5 million in a Series A round of funding led by Greycroft. Notion Capital, Anthemis, Continental Grain and existing backers Syngenta and Ascot also participated in the financing, which brings the Chicago-based startup’s total raised […]
Vareto raises $24M from GV, Menlo and all-star angels to reinvent financial planning for enterprises
Vareto, a startup aiming to help companies conduct more forward-looking financial planning and analysis, is coming out of stealth today with $24 million in total funding. GV (formerly Google Ventures) led its $20 million Series A this year, and Menlo Ventures led its $4.2 million seed financing in the summer of 2020. Menlo also put […]
Accel, Tiger and Stripe’s COO back Mexico City-based Higo as it raises $23M for its B2B payments platform
Just six months after raising $3.3 million in seed funding, Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. Tiger Global Management also participated in the financing, along with existing backers Haystack, Homebrew, Audacious, Susa Ventures and J Ventures. A number of angel investors also put […]
The Southeastern train arriving on platform 3 is £25m late
Latest rail franchise to hit the buffers at least arrived at the destination via an unconventional routeGovernment to take over Southeastern State takeover will amplify calls for rail reformThe conventional way for a company to get stripped of a rail f…
Indonesian ID and data verification startup Verihubs gets $2.8M led by Insignia Venture Partners
For many financial institutions in Southeast Asia, verifying new customers takes a week or two, said the founders of Verihubs. The startup cuts that time down to as little as five seconds, using AI-based identity authentication technology and APIs that let companies continue verifying returning customers through SMS, WhatsApp or flash calls. Verihubs announced it […]
Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation
Ascend Money, the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 billion. The Series C round was led by Charoen Pokphand Group, which is a major shareholder of Ascend Money, with participation from Bow Wave Capital Management and returning […]