Funding

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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Die Mobiliar gründet VC Firma Lightbird

Die Mobiliar stärkt ihre Position als Startup-Investorin und hat die Lightbird Ventures AG gegründet. Sie beauftragt Marcau Partners mit dem Mandat als exklusiver Investment Manager von Lightbird. Marcau Partners unterstützt Unternehmen beim Aufbau und Betrieb ihrer eigenen Venture Capital-Einheiten («VC

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Digital Asset Bags US$120 Million to Expand its Daml Data Network

Digital Asset, the creators of the Daml multi-party application platform, announced that it has raised over US$ 120 million in Series D funding from 7RIDGE and Eldridge. The company said that it will use this financing to continue to expand

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Munich-Based SME and Freelancer Focused Insurtech Raises €5 Million Seed Funding

insureQ, a Germany-based provider of embedded insurance products for SMEs and freelancers, announced that it has raised a €5 million seed round. The fund raise was led by Nauta Capital with existing investors Flash Ventures and GFC also participating. Founded

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Is a SPAC Approach Relevant For Swiss Companies? (Part 2)

Following my initial article on SPACs, I was surprised to see how many people and Swiss companies that had been averse to the idea of going public for a long time had, all of a sudden, developed a keen interest

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6 Fintechs Make Top 20 US Valuation Leaderboard; Worth a Combined US$145B

The past two years have seen the valuations of the US’s most valuable venture (VC)-backed fintech companies soar. As of March 19, 2021, six fintechs were amongst the country’s top 20 most valuable VC-backed companies, and worth a combined US$145.1

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