Tag: Unicorn

Online investing app Wealthsimple has reportedly joined the ever-growing list of FinTech unicorns, after the close of a $114m investment.

This year has seen numerous FinTech unicorns and Unqork has continued this trend following the close of a $207m Series C round that increased its valuation to $2bn.

Greenlight Financial Technology, a FinTech educating children about finances, has reached a $1.2bn valuation after the close of a $215m Series C.

Small business insurance provider Next Insurance has scored $250m in its Series D round to help it grow the team by 50%.

US challenger bank Chime has reportedly become one of the world highest valued FinTech companies after reaching a staggering $14.5bn valuation.

Cross-border payment platform dLocal has joined Latin America’s growing list of FinTech unicorns, following the close of a $200m round.

Retail investment platform Robinhood has reached the highly-coveted decacorn list after a new funding round sees it reach a $11.2bn valuation.

Trumid Financial, which aims to improve credit trading, has become the year’s latest FinTech unicorn, following the close of a $200m round.

InsurTech Hippo has cemented its place in the coveted unicorn club by raising a $150m round at a $1.5bn valuation.

UK challenger bank Monzo has reportedly suffered a down round, resulting in its valuation dropping down from $2bn to $1.24bn.