Funding

Swiss VC btov Partners Closes US$135 Million Fund Focused on European Tech Startups
Funding

Swiss VC btov Partners Closes US$135 Million Fund Focused on European Tech Startups

Swiss venture capital firm btov Partners announces the final closing of its new digital technologies early-stage fund with a volume of US$135 million. It’s the second fund that focuses entirely on digital technologies, and the ninth for btov Partners in

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Goldman Sachs to Acquire GreenSky, Led Form3’s US$160 Million Series C
Funding

Goldman Sachs to Acquire GreenSky, Led Form3’s US$160 Million Series C

Goldman Sachs Group has signed a deal to acquire GreenSky, a fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately US$2.24 billion. GreenSky’s differentiated lending capabilities and market-leading merchant and consumer ecosystem will help

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Avaloq Ventures Rebrands as FiveT Fintech Following Spin-off From Group
Funding

Avaloq Ventures Rebrands as FiveT Fintech Following Spin-off From Group

Swiss core banking solution provider Avaloq announced that the investment advisor of its fintech investment fund is being spun off from the group by means of a management buyout and renamed as FiveT Fintech. This will give the management team

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Payroll Platform Papaya Global Raises US$250 Million at US$3.7 Billion Valuation
Funding USA

Payroll Platform Papaya Global Raises US$250 Million at US$3.7 Billion Valuation

Papaya Global, a New York-based workforce management platform transforming global employment, announced that it has raised US$250 million in Series D funding, bringing the company’s valuation to US$3.7 billion. Papaya’s valuation has increased tenfold since September 2020 with a total

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Canadian Startup Nuula Secures US$120 Million to Boost Service Offerings for SMEs
Canada Funding

Canadian Startup Nuula Secures US$120 Million to Boost Service Offerings for SMEs

Nuula, a Canadian mobile application that gives small business owners instant access to critical business metrics, announced that it has raised US$120 million. The total funds secured are US$20 million in equity funding led by Edison Partners that will accelerate

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Irish BNPL Firm Scalapay Bags US$155 Million to Fund Its Expansion Plans
Funding Ireland Lending

Irish BNPL Firm Scalapay Bags US$155 Million to Fund Its Expansion Plans

Ireland-based buy now pay later (BNPL) firm Scalapay has raised US$155 million in equity funding as part of its Series A investment round. The company is now valued at US$700 million. The latest funding round brings the total amount raised

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Neobank Varo Raises US$510 Million, Now Valued at US$2.5 Billion
Funding USA Virtual Banking

Neobank Varo Raises US$510 Million, Now Valued at US$2.5 Billion

US-based Neobank Varo Bank announced that it closed a US$510 million oversubscribed Series E funding round, valuing it at US$2.5 billion. The round was led by new investor Lone Pine Capital, who was joined by dozens of additional new investors

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Ledgy Secures US$10 Million in Series A Fundraise Led by Sequoia
Funding

Ledgy Secures US$10 Million in Series A Fundraise Led by Sequoia

Swiss equity management platform Ledgy announced that it has raised US$10 million during a Series A funding round led by Sequoia. Ledgy’s existing investors and early supporters Myke Näf, Paul Sevinç, btov Partners, Creathor Ventures and VI Partners also participated

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Databricks Secures US$1.6 Billion in Series H Fundraise at US$38 Billion Valuation
AI Funding USA

Databricks Secures US$1.6 Billion in Series H Fundraise at US$38 Billion Valuation

Databricks, a US-based enterprise software company, announced that it has raised US$1.6 billion during a Series H funding round at a US$38 billion valuation. This new round brings Databricks’ total funding to almost US$3.6 billion, and will be used to

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Heroes Secures US$200 Million to Acquire More Amazon Merchants and Upscale Them
Funding London

Heroes Secures US$200 Million to Acquire More Amazon Merchants and Upscale Them

Heroes, a London-based e-commerce company which acquires, operates and scales top performing Amazon brands, announced the closing of a US$200 million fundraise from US-based investor Crayhill Capital Management. The fundraise will facilitate the next phase of Heroes’ rapid growth and

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