Tag: Founders Fund
FinTech giant Stripe raises $6.5bn but suffers another valuation drop
FinTech giant Stripe has seen its valuation slashed again, following the close of a colossal funding round of $6.5bn.
Maplerad emerges from stealth with banking-as-a-service
Nigeria-based Maplerad has reportedly raised $6m for its seed round, as it establishes a global banking-as-a-service platform aimed at Africa.
HR platform Workstream extends Series B with additional $60m
Workstream, a mobile-first hiring and onboarding platform for the deskless workforce, has extended its Series B round with an additional close of $60m, bring the total raised in the round to $108m.
The Chainsmokers join funding of newly launched PayTech Pomelo
PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.
Equity management platform Pulley closes Series B and launches free service
Equity management platform Pulley has closed its Series B round on $40m, as it launches free service to startups.
UAE-based PropTech Huspy closes Series A
Huspy, an EMEA PropTech startup, has collected $37m in its Series A funding round, which was led by Sequoia Capital India.
Fruitful emerges from stealth with $33m
Fruitful, a startup that aims to encourage healthy financial habits for its users, has raised $33m in equity funding from a seed and Series A round.
Ondo Finance pulls in $20m for its DeFi vision
Ondo Finance, which is building a decentralised investment bank, has raised $20m in Series A funding to accelerate the adoption of DeFi among mainstream investors.
Insurance brokerage platform Newfront raises $200m
Newfront, a modern insurance brokerage platform, has raised $200m at a $2.2bn valuation.
Loop exits stealth on a mission to simplify logistics payments
Loop, a San Fransciso-based shipping and logistics payments platform, has raised a total of $30m through seed and Series A funding round and exited stealth.