Tag: Spark Capital

Ramp, a finance automation platform and corporate card designed to help businesses spend less, has raised $750m in financing, bringing its valuation to $8.1bn.

Deel, a global compliance and payroll solution, has collected $425m in its Series D funding round, bringing its valuation to $5.5bn.

Fireblocks, which claims to help financial institutions safely interact with digital assets, has closed its Series D round on $310, bringing its valuation to more than $2bn.

Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.

Boston-based provider of data exchange for commercial insurance Wunderite secured a $3m seed funding round led by Spark Capital, which has also backed Affirm, Coinbase and Plaid.

Payroll FinTech company Deel has closed its Series C round on $156m, which put its valuation at $1.2bn and makes it the latest unicorn.

Axis Security has closed a $50m Series C round to help it increase the development of its zero trust network access services.

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

X1 Card, which claims to be the smartest credit card available, has scored $12m in its funding round, which was led by Spark Capital.

Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.