Indian Fintech Startup With Global Ambitions Raises Funds From Us - Nikkei Asian Review
NEW DELHI -- Indian fintech startup PhoneParLoan has raised an undisclosed amount of funding from accelerator MOX, its co-founder Ashwin Bhambri told DealStreetAsia. MOX is operated by SOSV, a U.S.-based venture capital firm with over $700 million under management. The PhoneParLoan investment marks SOSV's second capital infusion into the startup, currently valued at $7 million. SOSV earlier invested in the startup in January 2019, along with a slew of Japanese and Chinese investors. Before that, PhoneParLoan had received funding from a few angel investors.
South African Fintech Startup Jumo Raises Second $50m+ Vc Round - Techcrunch
South African fintech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed. Founded in 2015 and based in Cape Town, the venture offers a full tech stack for partners to build savings, lending, and insurance products for customers in emerging markets. This week's funding follows a $52 million [...]
British Fintech Revolut Hits $5.5B Valuation After Funding Round
Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.
British Fintech Revolut Hits $5.5B Valuation After Funding Round
Digital banking app Revolut has raised $500 million (PS386 million) in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.
British Fintech Revolut Hits $5.5B Valuation After Funding Round
Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.
British Fintech Revolut Hits $5.5B Valuation After Funding Round
Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.
Uk Fintech Revolut Hits $7.7B Valuation After Funding Round, Banking News & Top Stories - The Straits Times
February 25, 2020 8:12 AMLONDON (REUTERS) - Digital banking app Revolut has raised US$500 million (S$699 million) in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of US$5.5 billion (S$7.7 billion).
Indian Fintech Startup Bharatpe Raises $75M Led By Coatue, Ribbit Capital
This brings the total capital raised by the one-and-a-half-year-old startup to $143 million. The post Indian fintech startup BharatPe raises $75m led by Coatue, Ribbit Capital appeared first on DealStreetAsia.
Banks Will Start Aggressively Targeting Fintechs In Wealth Management
Venture and growth-stage investors tell Business Insider Morgan Stanley's planned acquisition of E-Trade for $13 billion is a sign of further dealmaking to coming in 2020 for fintechs in the wealth management space. The deal shows banks' recent willingness to look externally for ways to evolve or expand their process, even if it's a steep price tag, investors said. Banks also might not be the only acquirers, as insurance or tech companies could be in the market as they look to jump start their digital strategy or expand deeper into consumer finance.
The Future Of Investing: Fintech 50 2020
More than ever, the investing and wealth management services on the Forbes Fintech 50 2020 are going toe to toe with big banks and competing for the loyalty of Millennials and Boomers alike.