Tag: Unicorn
Nagad becomes Bangladesh’s fastest-ever Unicorn startup
A mobile money carrier app known as Nagad, has become the fastest company to be honoured as a unicorn startup in the nation’s history.
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.
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