Indonesian FinTech LinkAja closed a series B funding round led by Singapore super app Grab, with participation from Telkomsel, BRI Ventura Investama and Mandiri Capital Indonesia. “We are very enthusiastic about joining Grab as one of our shareholders. We are sure that this strategic partnership...
Nuro, a startup focused on robotics use in daily life, has raised $500 million in a Series C funding round, according to a Medium post. The round was led by funds and accounts advised by T. Rowe Price Associates, with participation from new investors, including...
Red Dot Capital Partners has raised close to $200 million to invest in tech companies seeking to expand into Southeast Asia and Japan, Bloomberg reported Monday (Nov. 9). Based in Israel, Red Dot Capital Partners focuses on growth-stage tech companies. The venture capital group is funded by...
Driverless car developer Pony.ai is now valued around $5.3 billion, thanks to a recent Series C funding round. The round was led by an investment arm of the Ontario Teachers’ Pension Plan. Other participants included existing investors Fidelity China Special Situations plc and 5Y Capital,...
Logisly, a logistics startup headquartered in Jakarta, Indonesia, notched $6 million in a Series A funding round led by Monk’s Hill Ventures, according to a report in Tech Asia on Tuesday (Nov. 3). The business-to-business logistics platform uses an algorithm to connect shippers with trucking...
To move toward retirement, and to have the money in place to get there, millennials need to make the leap from bare bones banking — checking and savings — into investing. In an interview with PYMNTS, Neel Ganu, CEO of FinTech Finch said that combining...
At a time when hundreds of cryptocurrencies are battling alongside bitcoin to earn the trust and mass embrace of consumers, business and banks, their digital cousins in the stablecoin market remain comparatively scarce. And that’s just fine, Jeremy Allaire, CEO of Circle Internet Financial, told...
New York-based online ordering startup Lunchbox has raised $20 million in a Series A funding round led by Coatue and a mix of new and previous investors, according to a press release. The startup strives to empower restaurants “to reclaim ownership of their digital commerce,”...
Ordermark, which provides online ordering solutions for restaurants, announced the close of a Series C funding round with $120 million, according to a press release. With the new funding, Ordermark plans to help more restaurants transition to online ordering amid the pandemic and for the...
