Tagged: sequoia

July 29, 2022 @ 9:06 pm By Omar Faridi  |  

Dbank, a Pakistan-based Fintech company established by two ex- Google professionals, has acquired $17.6 million via a seed round that has been co-led by Sequoia Southeast Asia and Kleiner Perkins. Brazil’s virtual banking platform Nubank, RTP Global, Rayn and business partner Askari Bank also took… Read More

July 12, 2022 @ 9:53 am By JD Alois  |  

As was previously reported, Klarna has raised $800 million in funding but at an even lower valuation. Klarna raised the capital at a “post-money” valuation of $6.7 billion. This is a profound drop in valuation as Klarna was valued at $45.6 billion in the not-so-distant… Read More

April 10, 2022 @ 8:33 pm By Omar Faridi  |  

It only feels like “yesterday” when CertiK was announcing their B2 round of funding, where the firm had been valued at $1 billion. The blockchain-focused firm also mentioned that just 3 months later, here they are again, and now they are “a $2 billion company.”… Read More

February 21, 2022 @ 11:18 pm By JD Alois  |  

Amber Group, a digital asset platform based in Singapore, has raised $200 million in Series B funding at a $3 billion valuation. The funding was led by Temasek with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, Coinbase… Read More

February 8, 2022 @ 8:22 am By Omar Faridi  |  

Chargebee, a subscription management and recurring billing platform, has acquired $250M in additional capital at a $3.5B valuation. Thrilled to announce that @Chargebee has raised $250M at a $3.5B valuation.🚀We are grateful to our investors, customers, partners & team who have supported our vision to… Read More

December 30, 2021 @ 11:41 am By JD Alois  |  

OneCard, an Indian Fintech that aims to become the one card to rule them all in the country, has raised $76 million according to multiple reports. The funding was led by ubiquitous Fintech investor QED along with Sequoia. Founded in 2018, the company issued its… Read More

August 5, 2021 @ 10:45 am By Priyanka Pani  |  

Brazil-based Nubank has led a $45 million Series B funding round in yet-to-be-launched Indian neobank Jupiter. Global Founders Capital, Matrix Partners, and Sequoia Capital also participated in the round along with existing investors Addition Ventures, Tanglin VC, 3one4 Capital, Greyhound, and Beenext. Founded by Jitendra… Read More

June 21, 2021 @ 10:31 pm By Omar Faridi  |  

Progcap, a company focused on corporate-led “last mile” retailer financing solutions for Indian markets, has acquired $25 million in equity capital as part of its Series B round that was led by Tiger Global along with participation from existing investor, Sequoia Capital India. Progcap says… Read More

June 15, 2021 @ 7:49 am By Omar Faridi  |  

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

April 19, 2021 @ 10:37 pm By Omar Faridi  |  

Indian neobank Razorpay notes that it’s been a challenging time for people across the globe. COVID-19 has disrupted lives in many different ways, the company adds in a recent blog post. Razorpay points out that with over a year since the first lockdown, Indian businesses… Read More

February 17, 2021 @ 1:58 pm By Samantha Hurst  |  

  Kalshi, a U.S.-based federal regulated exchange dedicated to trading on event outcomes, announced on Wednesday it secured $30 million through its Series A funding round, which was led by Sequoia Sequoia Capital with participation from Charles Schwab, Chairman of Charles Schwab Corporation, Henry Kravis,… Read More

January 25, 2021 @ 6:17 pm By Omar Faridi  |  

Sequoia Holdings, an employee-managed and owned provider of high-end software development and engineering tools, says it will allow its workers to receive part of their salary in Bitcoin (BTC), the flagship cryptocurrency. Under the program, employees at Sequoia may choose to defer a certain percentage… Read More

June 18, 2020 @ 1:15 am By Omar Faridi  |  

  A record $1.8 billion was invested in Israel’s Fintech sector in 2019, which represented a 107% increase compared to 2018 when financial technology firms attracted $800 million in total investments. Israel is currently ranked fifth, globally, in terms of total Fintech investments, according to… Read More

May 27, 2019 @ 9:52 pm By Cali Haan  |  

Ex parte orders filed against the Binance crypto trading platforms by a leg of the VC firm Sequoia Capital have backfired as a judge’s staying of the orders have ushered in a countersuit against Sequoia brought by Binance CEO Changing Zhao, also known as “CZ,”… Read More

April 17, 2018 @ 11:00 pm By JD Alois  |  

Singapore based Funding Societies has closed a USD $25 million Series B funding round. The peer to peer lending platform said the oversubscribed offer was led by Softbank Ventures Korea. Additionally, Funding Societies said it has received expanded credit facilities from banks and other financial… Read More

May 1, 2017 @ 8:16 pm By JD Alois  |  

FinTech Australia is pointing to payments company Airwallex securing $13 Million USD in a Series A funding round as indicative of the strength of Australian-Asian Fintech links. FinTech Australian CEO Danielle Szetho said the announcement illustrated the strong and growing links between the two regions…. Read More

April 29, 2017 @ 10:05 am By JD Alois  |  

The Securities and Exchange Commission is partnering with New York University on an event tackling the topic of the declining initial public offering market (IPO). Organized under the auspices of the SEC’s Division of Economic Risk Analysis (DERA), the half day dialogue is being held… Read More

April 25, 2017 @ 6:56 am By Erin Hobey  |  

According to multiple new sources, MobiKwik and FreeCharge are considering an all-stock deal merger. Post-merger, the platform also anticipates an additional $200 million (nearly Rs 1,300 crore) injection from an unnamed Chinese investor. FreeCharge, part of online marketplace Snapdeal, has reportedly been seeking a buyer for some time, having recently… Read More

September 4, 2016 @ 4:47 pm By JD Alois  |  

Behalf has raised a respectable $27 million in a Series C funding round lead by Viola Growth with participation from existing investors Sequoia, MissionOG, Vintage, and Spark. Harel Beit-On, Viola Growth founder and GP, will join the Behalf Board. Behalf will use the new funding… Read More

August 4, 2016 @ 12:28 am By JD Alois  |  

Funding Societies, a Singapore-based “peer to business” lending marketplace, has raised a respectable S$ 10 million in a Series A funding round.  The investment was led by Sequoia India, part of the legendary Sequoia VC group. Funding Societies believes this is the largest investment in… Read More