Tag: Wellington Management

FinTech deals drop by two-thirds during Q2 as investors back fewer...

Key global FinTech investment stats in Q2 2024: Global FinTech deal activity reduced by two-thirds in Q2 2024 YoY Average deal size increased to...

CyberTech funding increased by 17% in H1 as large deals return

Global CyberTech investment stats in H1 2024: CyberTech funding globally increased by 17% YoY Average deal value for CyberTech deals in the half increased...

AI-Native firm Abnormal Security raises $250m, valuing at $5.1bn

Abnormal Security, the forefront in AI-native human behavior security, has successfully closed its Series D funding round on $250m, which has propelled the company's valuation to an impressive $5.1bn.

Saudi FinTech Tabby achieves $1.5bn valuation after latest fundraising

Saudi Arabia's Tabby, a leading buy-now-pay-later firm, is making headlines with its recent valuation and funding accomplishments.

Digital assets platform FalconX soars to $8bn valuation

Digital assets platform FalconX has soared to $8bn valuation after closing its Series D round on $150m.

Creditas lands funding amid Latin American FinTech boom

Brazil-based online lending solution provider Creditas has raised $260m in Series F funding, reaching a valuation of $4.8bn.

Lendbuzz bags $360m in a round comprised of debt and equity

AI-powered auto finance platform Lendbuzz has bagged $360m in funding, which was comprised of debt and equity.

Why the 34 FinTech rounds raised last week paint a bittersweet...

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Payments platform PPRO reaches unicorn status after funding round

Local payments platform-as-a-service PPRO has hit the unicorn status, after a $180m funding round puts its valuation to more than $1bn.

Digital identity company Payfone scores $100m in a new funding round

Having established itself as a leading digital identity company provider, Payfone has secured $100m in new funding round and is looking to grow on the back of the investment round.

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