French Fintech firm Pennylane has acquired €15 million in capital in order to expand its bookkeeping and financial management services. The Pennylane platform has been designed to allow SME owners to view all of their real-time financial data from a single dashboard. Established in 2020,… Read More
Vise, an AI-enhanced investment management platform, has secured $65 million in capital through a Series C round that was led by Ribbit Capital and also saw participation from Sequoia Capital. Established in 2016, Vise leverages artificial intelligence to assist financial advisors in preparing highly personalized… Read More
There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More
Payment processing platform Klarna announced on Tuesday it has appointed Michael Moritz, partner at Sequoia Capital, as the Chairman of the Klarna Board of Directors and the appointment of three new members to the board: Omid R. Kordestani, former Executive Chairman of Twitter, Lise Kaae of… Read More
Just six months after announcing it secured $35 million through its Series B funding round, payments infrastructure platform Finix announced it has extended the funding round and raised a total of $75 million. Sequoia Capital led the round, with participation from Acrew Capital, Bain Capital… Read More
U.S. fintech Robinhood has reportedly secured an additional $320 million in funding through its Series F investment round. Robinhood previously announced it raised $280 million through the round, which was led by Sequoia Capital. Founded in 2013, Robinhood is on a mission is to democratize… Read More
The ongoing U.S.-China trade wars and the COVID-19 outbreak have negatively impacted China’s $11-$13 trillion economy, however, the nation’s technology sector continues to develop rapidly. The country’s tech industry is supported by $616 billion in research and development (R&D) resources. In addition to investing in… Read More
Vise, a U.S.-based artificial intelligence (AI)-driven investment management platform built for the modern financial advisor, announced on Tuesday it has secured $14.5 million in Series A funding, which was led by Sequoia Capital with participation from Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve… Read More
U.S. fintech Robinhood announced on Monday it secured $280 million through its Series F funding round, which was led by Sequoia Capital with participation from existing and new investors, including NEA, Ribbit Capital, 9Yards Capital, and Unusual Ventures. Founded in 2013, Robinhood stated it is… Read More
US Fintech firm Robinhood is reportedly getting ready to finalize its investment round worth an estimated $200-$250 million. Following the successful completion of this round, the Menlo Park-based brokerage firm would be valued at roughly $8 billion, according to recent reports. Sources familiar with the… Read More
Leap Finance Inc., a Fintech-focused platform for Indian students who are planning to enroll in international higher education programs, has secured $5.5 million in capital via a round led by Sequoia Capital. Bhupinder Singh, founder and CEO at Incred, Kunal Shah, founder and CEO at… Read More
Finix, a payments infrastructure platform based in the U.S., announced on Tuesday it secured $35 million through its Series B funding round, which was led by Sequoia Capital with participation from Acrew Capital, Bain Capital Ventures, Activant Capital, and Inspired Capital. The funding round comes… Read More
Two Indian co-founders of Google Pay are reportedly preparing to launch a neo-banking platform in the Asian country and they have managed to acquire financial backing from three established venture capital funds. Sujith Narayanan, an experienced senior management professional specializing in the payments industry, who… Read More
OPay, a Nigeria-based mobile money service and ride-hailing app, revealed on November 18 that it had acquired $120 million in funding through a Series B investment round just months after it raised $50 million in a separate round. The African venture capital market has been… Read More
Hong Kong Monetary Authority Launches Blockchain-based Trade Finance Platform TradeConnect The Hong Kong Monetary Authority (hereinafter referred to as the HKMA) announced on October 31st that it had launched a blockchain-based trade finance platform TradeConnect, in order to facilitate cross-border trade and related research. TradeConnect… Read More
Skyline AI, a tech based real estate investment firm using proprietary artificial intelligence (AI) and data science, has raised $18 Million in a Series A Round. The funding was led by big name VCs such as Sequoia Capital and TLV Partners. Additional participation came from… Read More
The Chinese Fintech Company, Dashu, has recently announced the completion of a 800 M Yuan ($115 M USD) series C round with some big names backing the company. Dachu’s list of investors includes PAG, Chunhua Capital, Sequoia Capital China Fund, Everbright Holdings, and Huaxing Capital… Read More
One billion dollars. MobiKwik is set to raise funds from investors including BlackRock Inc. which will value the innovative Indian Fintech company at about $1 billion, according to Bloomberg. Headquartered in Gurgaon, MobiKwik offers a mobile phone based payment system. Customers add money to an online wallet that… Read More
Aussie fintech startup Airwallex announced on Monday it has secured $13 million USD through its latest Series A funding round. Participants of the round included Sequoia Capital China, Mastercard, and Tencent Holdings. Founded in 2015, Airwallex is described as a foreign exchange market that makes… Read More
“We have gained a foothold within the industry by partnering with 42 brands to date. Moving forward we will continue to innovate…” Having spent more than 20 years as a corporate executive in companies backed by prosperous VC firms including Kleiner Perkins, Mohr Davidow and Sequoia Capital, ApplePie Capital CEO… Read More
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