Backed by Ping An Insurance Group Co of China Ltd., Lufax, a Chinese peer-to-peer lender, has raised $1.2 billion from a group of investors, making it one of the world’s most valuable financial technology startups. The capital raising values Lufax at $18.5 billion. The Shanghai-based Shanghai Lujiazui International Financial Asset Exchange Co… Read More
Sole Society, a lifestyle brand of women’s shoes, bags and accessories, today announces $8M in Series B funding from Nordstrom and Insight Venture Partners and a newly appointed executive team to support operations and expand distribution. Previous COO and newly appointed CEO Andy Solomon will lead this strategic growth… Read More
Azimo, the London based digital money transfer service, announced today that it has raised an additional $20 million in its Series B Round. The funding will advance the company’s mission to be the world’s leading low-cost, mobile and social money transfer service. The funding round was led… Read More
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