Tag: Unicorn
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.
India’s PhonePe nets further $200m as part of $1bn funding plan
Indian FinTech giant PhonePe has raised $200m in a primary capital investment from Walmart. PhonePe’s pre-money valuation was $12bn.
Mexican FinTech unicorn Clara secures debt line
Mexican FinTech unicorn Clara has reportedly raised $90m in debt funding from US tech investor Accial Capital.
Cloud cybersecurity provider Wiz joins decacorn club
Cloud cybersecurity provider Wiz has joined the decacorn club after a $400m funding round brings its valuation to $10bn.
Liquidity Group joins unicorn club after $40m investment
Israel-headquartered Liquidity Group has reportedly joined the unicorn club after a $40m funding round brings its valuation to $1.4bn.
FinTech unicorns go extinct in January 2023 signalling the end of...
The FinTech sector saw no new unicorns in January 2023 indicating a drop in VC valuations. Overall unicorn announcements have also hit a low...
Full-service 401(k) unicorn Human Interest sparks BlackRock interest
FinTech unicorn Human Interest, which provides a full-service 401(k), has received a minority investment from investment major BlackRock.
FNZ acquires private banking technology firm New Access
Global wealth management platform FNZ has acquired specialised private banking technology firm New Access.
Nearly half a trillion dollars wiped off FinTech valuations according to...
Almost half a trillion dollars has been wiped from the valuation of FinTech companies, according to a report from the Financial Times.
Stori becomes the latest FinTech unicorn in Mexico
Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.
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