Tagged: warburg pincus

September 25, 2026 @ 11:14 pm By Michael Wong  |  

GCash has evolved from a loss-making digital wallet into a highly profitable financial technology platform, illustrating the scale Southeast Asian fintech companies can reach, according to Warburg Pincus executive Vishal Mahadevia. The Philippine digital wallet had about 15 million monthly active users when Warburg Pincus… Read More

July 21, 2024 @ 6:54 pm By Omar Faridi  |  

Matera, a banking software provider, announced a $100 million investment from Warburg Pincus, a global growth investor. The investment will be used to fund the company’s “expansion into the North American market and further expand product development.” Founded in Brazil, Matera is a technology “provider… Read More

February 25, 2022 @ 9:57 pm By Tony Zerucha  |  

Perfios, a Fintech firm that aggregates then analyzes financial data, has confirmed a successful $70 million Series C financing round. These funds are earmarked for staffing, expansion, acquisitions, capex, and working capital. Existing investors Warburg Pincus and Bessemer India floated the cash. The fresh raise… Read More

January 21, 2022 @ 12:56 pm By Tony Zerucha  |  

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

December 21, 2021 @ 10:17 pm By Tony Zerucha  |  

Vietnamese e-wallet MoMo said today it has raised $200 million in its Series E funding round. Its $2.27 billion evaluation places it firmly in the unicorn club. Japanese bank Mizuho led the round by providing $170 million for a 7.5 per cent stake in the… Read More

November 5, 2021 @ 8:28 pm By Omar Faridi  |  

Mynt, the Philippines-based digital financial solutions provider and the firm behind the GCash payment services app, has secured more than $300 million in capital, valuing Mynt at more than $2 billion. As mentioned in a release, this solidifies the firm’s status as the Philippines‘ only… Read More

October 3, 2021 @ 7:57 pm By Omar Faridi  |  

Quantexa, the data and analytics software firm focused on Contextual Decision Intelligence (CDI), recently revealed that BNY Mellon (NYSE: BK) has completed an investment in Quantexa, to “close its series D” – which was led by Warburg Pincus, an international growth investor, and a growing… Read More

February 16, 2021 @ 8:47 am By JD Alois  |  

Warburg Pincus LLC has invested $75 million into Personetics, an artificial intelligence (AI) firm providing proactive engagement for banks and other financial services firms. Terms of the investment were not disclosed. Personetics has created an AI software platform for global banks. The service is currently… Read More

January 14, 2021 @ 6:00 am By Samantha Hurst  |  

LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Thursday it secured a $125 million growth investment from global private equity firm, Warburg Pincus. Founded in 2014, LendingPoint explained that it is committed to redefining who is able to… Read More

April 7, 2020 @ 3:02 pm By Omar Faridi  |  

UK-headquartered Privitar, a data privacy company, has secured $80 million in funding through a Series C investment round led by Warburg Pincus. ABN Amro Ventures, the VC division of ABN Amro, the third-largest bank in the Netherlands, also took part in Privitar’s latest round. Accel,… Read More

February 29, 2020 @ 10:50 am By Omar Faridi  |  

Aion, a newly launched subscription-only banking service provider, is establishing its business operations in Belgium. The bank’s management says that it wants people to get the most out of their money. Aion has an artificial intelligence (AI)-enhanced service, called MoneyMax, which is meant to motivate… Read More

January 18, 2018 @ 9:00 am By JD Alois  |  

Varo Money, a digital challenger bank, has closed a $45 million Series B funding round led by existing investor Warburg Pincus and The Rise Fund, a global impact fund led by private equity firm TPG. Varo said that 30 other investors participated in the round… Read More

July 25, 2017 @ 8:00 am By JD Alois  |  

Varo Money has applied for a national bank charter from the Office of the Comptroller of the Currency (OCC) and with the Federal Deposit Insurance Corporation (FDIC) for federal deposit insurance. This is the next step in creating a digital only challenger bank (Varo Bank) that… Read More

March 22, 2017 @ 3:09 pm By JD Alois  |  

Global private equity firm Warburg Pincus has acquired a 35% ownership stake in Avaloq, a Switzerland-based Fintech firm that provides banking software. Avaloq has been in existence since 1985 and today the company has more than 2000 employees from around the world. An affiliate of… Read More