Funding
Neobank Mercury Bags US$120 Million, Looks To Crowdfund US$5 Million More
Mercury, a San Francisco-based fintech startup which offers banking services for startups, announced that it has raised US$120 million during its Series B funding round and is now valued at US$1.62 billion. The round was led by Coatue, with participation
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Swiss Fintech Tradeplus24 Raises $25 Million To Drive Expansion
Swiss small and medium enterprise (SME) financing startup Tradeplus24 has raked in $225 million in pre-Series B round, the startup announced. Of the total funding, $25 million is in equity financing and the remaining $200 million is in debt financing.
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Spendesk Raises €100 Million in Series C Funding
Paris-headquartered Spendesk, an all-in-one spend management platform for finance teams, has raised €100 million in a Series C funding round. The round was led by global growth equity firm General Atlantic while existing investors Index Ventures and Eight Roads Ventures
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Solarisbank Reaches Unicorn Status With EUR 190 Million Series D Funding
Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank has raised EUR 290 million in an oversubscribed Series D funding round, clinching the coveted unison status with a valuation of € 1.4 billion. The funding was led by Switzerland-based Decisive Capital Management while new
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UK Fintech Soldo Raises US$180 Million in Series C Funding Round Led by Temasek
Soldo, a London-based business expense automation platform, announced that it has closed a US$180 million oversubscribed Series C funding round. The fundraise was led by Temasek, a leading global investor headquartered in Singapore. The round includes new investors Sunley House
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Remote Becomes Unicorn With $150 Million Series B Funding
When the global pandemic struck last year, millions of people transitioned from working in physical offices to working from home, within the span of a few weeks. Physical meetings turned to video calls and break-time interactions moved to online messaging
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Fintech Takes Lion’s Share in Q2 2021 Swiss VC Funding
Out of the CHF 1.4 billion raised by Swiss startups in Q2 2021, CHF 677 million, or nearly half of that sum, went towards fintech companies, according to a new report by Startup.ch, Switzerland’s largest startup directory and a leading
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M1 Finance Clinches Unicorn Status with US$150 Million Fundraise
M1 Finance, an all-in-one money management platform, announced that it has secured US$150 million during a Series E funding round, the firm is now valued at US$1.45 billion. SoftBank’s Vision Fund 2 led the round, with participation from existing investors.
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Swiss Proptech Firm PriceHubble Bags US$34 Million for Its International Expansion Plans
Swiss B2B proptech startup PriceHubble announced that it has successfully completed its Series B funding round and raised US$ 34 million. The financing round was strongly oversubscribed and led by Digital+ Partners, a European growth equity investor. Latitude Ventures, the
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Revolut Raises US$800 Million in Series E Fundraise, Valuing It at US$33 Billion
Revolut, the financial superapp with more than 16 million customers worldwide, announced an US$800 million series E funding round, valuing the business at US$33 billion. The new funding round brings onboard two new investors, SoftBank Vision Fund 2 and Tiger
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