PhonePe, one of India’s largest Fintech platforms, announced it has raised another $100 million in primary capital from Ribbit Capital, Tiger Global, and TVS Capital Funds, at a pre-money valuation of $12 billion. This new investment “follows the recent $350 million primary fundraise that closed… Read More
The team at Robinhood (NASDAQ:HOOD) recently noted that they are excited to share that Micky Malka is joining Robinhood Markets’ Board of Directors “effective March 23.” Vlad Tenev, CEO and Co-Founder of Robinhood, stated: “As an early investor in Robinhood, Micky has been a partner… Read More
PT Bank Jago Tbk recently announced that Ribbit Capital, which is one of the leading Fintech investors whose investments includes Tinkoff, Revolut, BharatPe, Robinhood, Affirm, Nubank, Coinbase and Credit Karma, has made an investment in Bank Jago, an Indonesia-listed tech -based bank with “a drive… Read More
Robinhood has raised $3.4 billion in capital from Ribbit Capital, CONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA. The additional funding is a solid sign of commitment by investors as Robinhood struggles in light of heightened volatility of shares like Gamestop driven by Reddit… Read More
Upgrade, Inc. has announced a new consumer product entitled “Personal Credit Line.” The new product was revealed during the annual LendIt Fintech conference in San Francisco. The line of credit is designed to combine the low cost, fixed rate and monthly amortization of personal loans… Read More
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