Citcon, a mobile wallet payment provider, has closed on $30 million in funding in a Series C round co-led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the financing, which brings San Jose-based Citcon’s total raised since its 2015 inception to nearly $50 million. Citcon’s mission is straightforward: to […]
Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies
The company intends to build out several SaaS applications and is poised to roll out its first two modules for revenue and accounts receivables by the end of the year.
Hong Kong-based fintech XanPool raises $27M for its decentralized payment network
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler. The funding brings XanPool’s total raised since it was […]
Brex just signed a term sheet for $300M at a $12.3B valuation
Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate […]
Mesh++ raises $4.9M to make the world more connected than ever
If you’re standing at the water’s edge of the San Francisco Bay, chances are that you have half a dozen high-speed internet providers clamoring for your attention, eager to give you gigabits of internet. That isn’t the case for billions of people in rural communities around the world, who often have to make do with […]
Potential winners and losers line up as Plaid pushes deeper into payments
So now Plaid says it’s a payments company. It was only a matter of time, really.
Charting a course through the internet’s ever-changing landscape
Google Chrome’s Manifest V3 update is just one example of how startups that are innovating online could have the rug pulled out from under them at any moment.
Lessons from founders raising their first round in a bull market
In a bull market, it’s especially hard to understand people and their value systems. The pandemic does not help us engage, understand culture nor help build a human connection.
Doyobi, a Singapore-based edtech startup focused on teachers, gets $2.8M seed
The edtech boom has focused primarily on students, but teachers are learners, too. Doyobi, a Singapore-based professional development platform, wants to give educators new, more engaging ways of teaching STEM subjects. The startup announced today it has raised $2.8 million in pre-Series A funding led by Monk’s Hill Ventures. The round included Tresmonos Capital, Novus […]
Mission-driven ventures are growing fast during the pandemic
You’ve heard of SPACs, meme stocks and buy now, pay later, but have you heard of the LTSE, First Women’s Bank and Upsolve?