Tag: Unicorn

 Almost half a trillion dollars has been wiped from the valuation of FinTech companies, according to a report from the Financial Times.

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.  

FPL Technologies, which offers a metal credit card under the OneCard brand, has reportedly become India newest unicorn.

Berlin-based InsurTech company wefox has closed its Series D funding round on $400m, bringing its valuation to $4.5bn.

Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.

Digital customer service unicorn Glia has acquired AI-powered chatbot platform Finn AI.

Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.

Sustainability ratings business EcoVadis has raised $500m in a funding round, which makes it the latest sustainability impact unicorn.

Indian credit card company Slice has reportedly raised $50m in a fresh financing round, which puts its valuation between $1.5bn and $1.8bn.

Israel-based Perimeter 81 has collected $100m in its Series C funding round, which was led by B Capital.