Tag: Unicorn

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...

FinTech unicorn Human Interest, which provides a full-service 401(k), has received a minority investment from investment major BlackRock.

Global wealth management platform FNZ has acquired specialised private banking technology firm New Access.

 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.