U.K. FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. “This funding round demonstrates the strength of the business and the confidence both our customers and investors have in GoCardless,” Hiroki Takeuchi, co-founder and chief executive officer...
Blank-check acquisition firm Bridgetown Holdings is considering a deal with the Indonesian eCommerce firm Tokopedia, Reuters reported on Tuesday (Dec. 15), citing sources. Backed by Asian tycoon Richard Li and San Francisco billionaire Peter Thiel, some $595 million was raised for Bridgetown in an October...
FireEye has closed on a $400 million investment by Blackstone, barely a week after one of the world’s top cybersecurity firms disclosed that its own files were hacked by what federal authorities suspect was a foreign intelligence service. The investment will be managed by Blackstone...
Cleo has raised $44 million in a Series B financing to expand its digital financial adviser platform targeted at Gen-Z consumers, the company announced Friday (Dec. 11). The round was led by EQT Ventures and joined by existing investors Balderton Capital, LocalGlobe and SBI. Cleo’s...
The U.S. House of Representatives has unanimously passed a new measure to allow the delisting of Chinese firms if they don’t comply with U.S. auditing rules, Reuters reports. Called The Holding Foreign Companies Accountable Act, the measure is a feather in the cap for President...
U.K. challenger bank Monzo has closed a funding round with another 60 million pounds ($80.3 million), the same amount as its last funding round from June, TechCrunch reported. Monzo has now raised 125 million pounds ($167.3 million) during the pandemic. The company also now has...
Silicon Valley FinTech startup Step has raised $50 million in a Series B funding round, the company announced Wednesday (Dec. 2). The funding round was led by new investor Coatue Management, a slew of celebrity backers and Big Tech executives. Founded in 2018 and launched on...
Voi Technology, a Sweden-based eScooter startup, has raised $160 million as European companies vie for superiority in the new market for alternative transportation, the Financial Times (FT) reported. The announcement comes after rival Tier, a German eScooter company, raised $250 million, FT reported. Last month,...
Iliad SA Founder Xavier Niel is teaming up with other investors to raise up to $360 million, or 300 million euros, to launch a blank-check company aimed at acquiring assets focused on sustainable and environmentally friendly consumer goods. Backers of the special purpose acquisition company,...
