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asia.nikkei.com February 27, 2020

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.
Read by 73% of LPs

techcrunch.com February 27, 2020

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 [...]
Read by 40% of LPs

in.reuters.com February 25, 2020

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.
Read by 31% of LPs

uk.reuters.com February 25, 2020

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.
Read by 71% of LPs

reuters.com February 24, 2020

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.
Read by 62% of LPs

reuters.com February 24, 2020

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.
Read by 64% of LPs

straitstimes.com February 24, 2020

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).
Read by 44% of LPs

dealstreetasia.com February 24, 2020

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.
Read by 54% of LPs

businessinsider.com February 22, 2020

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.
Read by 32% of LPs

forbes.com February 12, 2020

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.
Read by 70% of LPs