Tag: Unicorn

Kin Insurance, the pioneering digital, direct-to-consumer home insurance company, has secured $15m in financing to take its value passed $1bn and secure the highly-coveted Unicorn status.

New unicorn levels have picked up in October with nine reaching status in the month, the highest levels since the same period last year....

InCred Holdings Limited has revealed that it is set to land INR 500 Cr ($60m) in its Series D funding round.

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 has seen its valuation slashed again, following the close of a colossal funding round of $6.5bn.

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 has reportedly raised $90m in debt funding from US tech investor Accial Capital.

Cloud cybersecurity provider Wiz has joined the decacorn club after a $400m funding round brings its valuation to $10bn.

Israel-headquartered Liquidity Group has reportedly joined the unicorn club after a $40m funding round brings its valuation to $1.4bn.

The FinTech sector saw no new unicorns in January 2023 indicating a drop in VC valuations. Overall unicorn announcements have also hit a low...