Tagged: sequoia capital

Yokoy, a Spend Management Automation Platform, Welcomes Sequoia Capital-Led $80M Series B

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Yokoy, a spend management automation platform, has raised an $80 million Series B round, the company announced today. It was led by Sequoia Capital, with participation from Speedinvest, Visionaries Club, Zinal Growth, and existing investors Balderton Capital, Six FinTech Ventures, Left Lane, and Swisscom Ventures…. Read More

Sequoia Capital India, Saudi VC Firm STV Lead $54M Round for MENA Fintech Tabby

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Sequoia Capital India and Saudi Arabia based VC company STV have reportedly led a $54 million round for Tabby, which claims to be one of the largest Buy Now, Pay Later (BNPL) providers in the Middle East. As the overall demand for Fintech services continues… Read More

Razorpay Acquires Malaysian Recurring Payments Provider Curlec For $19+M

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Indian payments unicorn Razorpay has acquired a majority stake in Curlec, a Malaysian recurring payments solutions provider. The cost was just under $20 million. Curlec is the first international acquisition for Razorpay, and taken together with the previous ones it shows a very deliberate growth… Read More

Saudi Arabia based Fintech Lean Technologies Acquires $33M from Sequoia Capital, Others

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Sequoia Capital has reportedly made its first investment in the Gulf / MENA region by leading an investment round for Lean Technologies, a Saudi Arabia-based Fintech company whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih. Lean Technologies, which allows firms… Read More

Personetics, a Data-Driven Financial Solutions Provider, Welcomes $85M Funding Injection

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Personetics, a provider of financial-data-driven personalization and customer engagement solutions for banks and financial services providers, this week announced it has raised $85 million in growth funding from Thoma Bravo, a software investment firm. The sum adds to the more than $160 million the company… Read More

Pine Labs, Standard Chartered Malaysia Launch Interest-Free Instalments to 25,000+ Merchants

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Pine Labs, a merchant commerce platform serving merchants in India and Southeast Asia, today announced a partnership with Standard Chartered Malaysia. Standard Chartered’s customers in Malaysia can now access interest-free installment options on credit cards at any offline point-of-sale system powered by Pine Labs. The… Read More

Paradigm Co-Founders Celebrate $2.5B Raise For New Crypto Investment Fund

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Paradigm, a firm investing in cryptocurrency-based startups, said this week it has raised $2.5 billion from investors to create the largest-ever cryptocurrency investment fund. If true, it would kick Andreessen Horowitz out of the top spot. The sum also surpasses the initial $1.5 billion target…. Read More

French Fintech Pennylane, which Provides Bookkeeping Solutions, Secures Investment from Sequoia Capital

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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

AI enhanced Investment Management Provider Vise Secures $65M via Series C led by Ribbit Capital, Sequoia Capital

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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

Controversial BitClout Project, which will Offer Social Currency Issued by Digital Artists, Already Facing Lawsuit Before Official Launch

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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

Klarna Appoints Sequoia Capital Partner Michael Moritz as Chairman of the Board

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    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

U.S. Fintech Finix Extends Series B Investment Round to $75 Million

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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

Robinhood Reportedly Secures Additional $320 Million Through Series F Funding Round; Brings Valuation to $8.6 Billion

Robinhood

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

China’s Fintech and Blockchain Sector are Supported by $616 Billion in R&D Resources: Report

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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

AI-Driven Investment Management Platform Vise Raises $14.5 Million Through Series A Funding Round Led By Sequoia Capital

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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

Robinhood Secures $280 Million Through Series F Investment Round Led By Sequoia

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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 Robinhood Is Reportedly Getting Ready to Finalize a $200 Million Investment Round, Led by Sequoia Capital

Robinhood

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

Fintech Leap Finance, which Focuses on Helping Indian Students Enroll in Higher Education Programs, Secures $5.5 Million in Funding

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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

U.S.-Based Payments Infrastructure Platform Finix Secures $35 Million Through Series B Funding Round Led By Sequoia Capital

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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

Founders of Google Pay India to Launch Neo-Banking Platform in the $2.6 Trillion Economy

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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

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