Funding
Austrian Unicorn Bitpanda Secures Additional €10 Million in Extension of Series B Round
Austrian investment platform Bitpanda announced that it has raised an additional €10 million as an extension of its Series B funding round. This extension brings crypto and fintech investors Jump Capital and market makers Winterntermute Trading, to Bitpanda, with participation
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2021 Breaks Record in Fintech SPAC Deal Count and Volume
In Q1 2021, 17 blank check companies announced plans to merge with fintech firms, totaling a combined valuation of US$62.396 billion, data from fintech-focused investment bank Financial Technology Partners (FT Partners) show. These figures are a new record for the
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Forge Raises Over US$150 Million in Funding, Backed by Deutsche Börse and Temasek
Forge Global, a global private securities marketplace, announced that it has received Financial Industry Regulatory Authority’s (FINRA) approval to operate as a single broker dealer with SharesPost following a merger in 2020, and that it closed an oversubscribed round of
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Shift Technology Joins the Unicorn Club by Securing $220 Million in Investment
Shift Technology, a France-based SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry, announced that it has closed a Series D investment round of $220 million. The latest funding round brings total investment in Shift to
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Swiss-Singaporean Cybersecurity Firm Acronis Snags $250 Million Investment
Acronis, a cybersecurity firm founded in Singapore and incorporated in Switzerland, announced that it has received more than $250 million in a funding round from CVC Capital Partners VII and other investors. The investment has pushed the company’s valuation at
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Wealthsimple Raises US$ 610 Million, Canadian Celebrities Buy In
Wealthsimple, a Canadian online investment management service focused on millennials, announced that it has raised $610 million (C$750 million) in a funding round. This latest investment has pushed its valuation to about $4 billion (C$5 billion). The round was led by
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German Challenger Bank Vivid Money Secures EUR 60 Million for European Expansion
Berlin-based mobile banking app Vivid Money announced an investment of EUR 60 million, bringing the company’s valuation to EUR 360 million. The Series B round was led by Greenoaks with participation from existing investor Ribbit Capital. The new investment will
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Swiss-Austrian Bluecode Bags €20 Million Investment to Accelerate Expansion Plans
Bluecode, a Swiss mobile payments solution enabling cashless payments, announced that it has received new funding worth €20 million with the Hopp Family Office leading the round, joined by new and existing investors. The firm will use the capital for
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Crypto Firm Paxos Raises US$ 300 Million in Series D Funding At US$ 2.4 Billion Valuation
Paxos, a New York-based regulated blockchain infrastructure platform, announced it has closed a US$ 300 million Series D round of funding. Oak HC/FT led the round, with participation from previous investors Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group,
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French Healthcare App Alan Raises €185 Million at €1.4 Billion Valuation
Alan, a France-based digital health insurance platform, announced last week the closing of a €185 million Series D funding round, bringing the company’s total valuation to €1.4 billion. The funding comes as Alan doubles its member base to 155,000 and
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