Tagged: general atlantic

March 10, 2023 @ 9:09 am By JD Alois  |  

Yesterday, CI received multiple texts from Fintech insiders that expressed their worries about Silicon Valley Bank (NASDAQ:SIVB), a bank favored by startups. Shares in the bank tanked by over 60% yesterday as investors rushed for the exit. The cause of concern was the announcement by… Read More

January 24, 2023 @ 9:40 pm By Omar Faridi  |  

PhonePe, one of India’s largest Fintech platforms, announced it has raised $350 million in funding from General Atlantic, a global growth equity firm, at a pre-money valuation of $12 billion. Marquee Global and Indian investors are also participating in the investment round. The investment marks… Read More

May 20, 2022 @ 8:28 am By Omar Faridi  |  

Modulr, an embedded payments platform for digital businesses, recently announced that it has raised $108m (£83m) in Series C funding that was led by General Atlantic, a global growth equity firm. The investment round also “included significant participation from existing investors including Blenheim Chalcot, Frog… Read More

August 16, 2021 @ 7:46 pm By Omar Faridi  |  

Chime revealed on Friday (August 13, 2021) that it secured $750 million in capital through a Series G round round that now values the Fintech Unicorn at $25 billion. Notably, that’s $10 billion more than what the company had reported in October 2020 (when it… Read More

July 23, 2021 @ 5:51 pm By Omar Faridi  |  

France-based Spendesk, a spend management platform, has acquired €100 million in capital through a Series C round that was led by General Atlantic, an international growth equity company. Spendesk offers finance professionals a software-as-a-services or SaaS spend management system for complete visibility and control on… Read More

January 26, 2021 @ 3:57 pm By Samantha Hurst  |  

Albert, a U.S.-based fintech, announced on Tuesday it raised $100 million through its Series C funding round, which was led by General Atlantic with participation from  CapitalG, Alphabet’s independent growth fund, Portag3, and QED. The investment round brings Albert’s total funding to $173 million. Launched… Read More

November 7, 2020 @ 7:44 am By Omar Faridi  |  

Gen II Fund Services, LLC, an established independent private equity fund administrator, has acquired a new strategic investment. General Atlantic, a global growth equity company, and Hg, a multinational software investor, are leading the latest investment. IHS Markit (NYSE: INFO), a key provider of critical… Read More

September 15, 2020 @ 9:10 am By JD Alois  |  

Cross border payments Fintech dLocal has raised $200 million in a funding round led by General Atlantic. The capital infusion sets a valuation on the company of $1.2 billion thus creating a Latin American Fintech unicorn and Uruguay’s first. dLocal is a cross-border payment processor… Read More

September 2, 2020 @ 7:58 am By Samantha Hurst  |  

  Neon Pagamentos, a Brazilian fintech, announced on Wednesday it secured $300 million through its Series C funding round, which was led by General Atlantic, a global growth equity firm, with participation from BlackRock, as well as Vulcan Capital, PayPal Ventures, and Endeavor Catalyst, in addition to former… Read More

November 7, 2019 @ 3:19 am By Omar Faridi  |  

Tel Aviv-headquartered Riskified, a company that develops payments and fraud-prevention solutions, revealed on November 4 that it has completed its $165 million Series E investment round, which was led by multinational growth investor General Atlantic, bringing the company’s valuation to over $1 billion.  According to… Read More

July 16, 2018 @ 1:26 pm By JD Alois  |  

Leading non-bank finance firm Greensill has received an investment from General Atlantic in the amount of $250 million. This values Greensill at $1.64 billion. Gabriel Caillaux, Managing Director and Head of EMEA at General Atlantic, will be joining the Greensill board. Founded in 2011, Greensill provides… Read More

January 12, 2018 @ 2:00 pm By Samantha Hurst  |  

Alkami, a Texas-based fintech, has secured $70 million through its Series D Funding Round, which was led by General Atlantic with participation from existing investors S3 Ventures, Argonaut Private Equity, and a number of other strategic fintech investors. Founded in 2009, Alkami stated it provides a… Read More

June 23, 2017 @ 6:58 am By Cole Lyons  |  

One of the world’s leading accelerators for Fintech Startups, Starupbootcamps, announced their first round of companies that will join their inaugural program in Mumbai, India. These startups beat out nearly 300 other companies from Asia, Africa, Europe, and the Middle East. Since its launch in… Read More

July 26, 2016 @ 11:52 am By Erin Hobey  |  

News Corp VCCircle, Indian publisher of startup and private equity news, data and information, released News Corp VCCEdge India FinServ Insights related to funding in India’s Fintech sector, with a focus on segments of online personal finance and lending, reported BWDisrupt. News Corp VCCEdge, the financial… Read More

September 30, 2015 @ 1:45 pm By JD Alois  |  

Online lender Avant has inked a “definitive agreement” in a Series E funding round for $325 million. The funding is expected to close this October. Avant’s total equity raised now tops $650 million and debt raised goes to $1.1 billion. The lead investor in this… Read More

January 6, 2015 @ 9:00 am By JD Alois  |  

Scott Sanborn, Lending Club COO & CMO, Becomes First Independent Director for CircleUp Crowdfunding Platform. Investment crowdfunding platform CircleUp, has announced that Scott Sanborn has joined the company’s board of directors the first independent director for the company. Sanborn will continue his leadership role as chief operating… Read More