Tag: DST Global

New FinTech unicorn activity remains subdued with just two new entries...

Overall there were two new FinTech unicorns in February 2024, double the amount in January and a 22% share of total new unicorns in...

Pennylane raises €40m to empower accountants with AI

Pennylane, a France-based FinTech offering a all-in-one financial tool, has successfully raised €40m from Sequoia Capital and DST Global.

Connectly bags $7.85m to accelerate AI-powered conversational commerce

Connectly, a leader in conversational commerce, has announced a successful $7.85M in a bid to to accelerate AI-powered conversational commerce.

Xepelin secures $111m to champion Latin American SMEs

Xepelin, a payment platform and business financial services for small to medium sized enterprises (SMEs) in Latin America, has raised $111m in Series B funding.

Global hiring platform Multiplier hits $400m valuation

Global employment platform Multiplier has closed its Series B funding round on $60m, which brings its valuation to $400m.

Fenbeitong becomes China’s latest FinTech unicorn

Fenbeitong, a China-based corporate spend startup, has collected $140m in its Series C+ funding round.

Flexport lands $935m for global supply chains

Global logistics platform Flexport raised $935m in a Series E funding round on its mission to boost supply chain resilience and visibility.

Qonto valued at $5bn following Series D

French challenger bank Qonto has landed $552m in Series D funding, propelling it to a $5bn valuation, a report by Finextra has revealed.

Udaan lands funding amid India’s ‘FinTech revolution’

Indian commerce startup Udaan, has raised $200m via convertible note financing and an additional $50m as debt in a funding round in which new and existing investors participated, a report by TechCrunch has revealed.

Bank aimed at women in Latin America closes seed round

Jefa, a digital bank aimed at women in Latin America, has reportedly closed its seed round on $2m.

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