InsurTech Marshmallow becomes Britain’s second Black-owned unicorn after fresh funding
Digital motor insurer Marshmallow has raised $85m, valuing it at more than $1.25bn and making it the second British Black-founded unicorn.
SecurEnds eyes geographical expansion following $21m Series A
US cloud-native identity governance firm SecurEnds has closed a $21m Series A funding round led exclusively by venture capital company Elephant.
OneStream bags $200m Series B, secures $6bn valuation
Corporate Performance Management (CPM) business OneStream Software has raised $200m in investment from a Series B funding round and now has a $6bn valuation.
Strattam Capital pulls in up to $200m for second vehicle
Strattam Capital, a private equity firm for business IT, has pulled in up to $200m for its second flagship fund. The vehicle, Strattam Capital Investment...
Elisity seeks to scale cybersecurity platform with $26m Series A raise
US cybersecurity platform Elisity has snared $26m from a Series A funding round to meet growing demand of its cloud-delivered cybersecurity platform.
New FinTech VC Reciprocal Ventures looks for $60m
There’s another new FinTech-focused venture firm launching with Reciprocal Ventures seeking $60m for its debut fund.
PayTechs shine in last week’s FinTech funding rounds
FinTech Global reported on 38 FinTech funding rounds this week, with companies from across the broad spectrum raking in eye watering amounts to help aid their growth.
PayPal to deposit $135m to tackle economic inequality in underserved communities
PayPal will deposit $135m into financial institutions and management funds to help underserved communities of colour fight economic inequality.
CRED secures $806m valuation on the back of Series C raise
India-based FinTech CRED has secured $81m in a new Series C round and bought shares worth $1.2m from employees.
N26 extends its Series D round with another $100m
German challenger bank N26 has extended its Series D round with another $100m to strengthen its position in the days of COVID-19.