Funding
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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Kid-Focused Startup Greenlight Snags US$260 Million in Series D Funding Round
Greenlight Financial Technology, a debit card for kids and a mobile app that empowers parents raise financially-smart children, announced the close of a US$ 260 million Series D funding round. This brings Greenlight’s total funding to over $550 million and
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Current Raises US$220 Million Funding, Triples Valuation to US$2.2 Billion
US-based challenger bank Current announced that it has raised $220 million in Series D funding and tripled its valuation to $2.2 billion in just five months. Current has now raised over $400 million in total funding. Andreessen Horowitz led the
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Relio Aims to Build Digital Accounts for Swiss SMEs
Relio, a Swiss provider of digital accounts for SMEs, announced the closing of a pre-seed financing round of CHF 0.7 million with SIX FinTech Ventures and High-Tech Gründerfonds (HTGF). The firm also received additional support from the former Revolut COO,
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Tencent-Backed BUX Raises $80 Million to Expand Its Free Trading Platform
BUX, a European mobile brokerage company based in Amsterdam and London, announced that it has raised US$ 80 million from a group of investors. The funding round was led by Prosus Ventures and Tencent, with participation from additional new investors
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