Tag: Softbank

Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.

Paystand, a blockchain-enabled payment network for businesses, has closed its Series C round on $50m, coming off the back of its triple-digit growth.

Revolut has become the UK’s highest valued FinTech, after its $800m Series E puts its valuation at a colossal $33bn.

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Ecuador’s Kushki raised a $86m round in what it claimed was the highest valuation Series B in LatAm, valuing the 4-year company nearly at $600m.

SoftBank’s Opportunity Fund led a $10m Series A round of funding into Zoe Financial, a digital marketplace for people to find and hire vetted independent financial advisers.

Hashdex, an alternative investment platform for cryptocurrencies, has reportedly scored $26m in its latest funding round.

True Balance scored $10m in debt funding for its non banking financial firm, True Credits.

Lumu, which has created a continuous compromise assessment cybersecurity model, has netted $7.5m in its Series A funding round.

Greensill Capital, a supply chain finance firm backed by SoftBank and advised by former prime minister David Cameron, is preparing for insolvency within days.