Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports on Tuesday (Feb. 4). The funds will be used to advance its proprietary payments platform as well as to expand research and development....
Online fashion marketplace Moda Operandi announced a $1 million funding boost that it will use to invest in its technology and bolster business overall. Moda Operandi, which specializes in luxury fashion “right off the runway,” raised the money from a mix of equity and debt, according...
As it aims to invest in adding products and hiring more staff, InsurTech firm Policygenius notched $100 million from investors, with the inclusion of KKR & Co. as well as venture capital operations powered by Massachusetts Mutual Life Insurance Co., Transamerica and Axa SA. The company, which...
Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to a release. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. Each...
A tech wearable company called ZULU has received an investment from ride-hailing company Gojek, according to a report by Deal Street Asia. The amount of the investment is not known. ZULU, which was founded in 2018 by Nathan Roestandy and Yusuf Syaid, makes Bluetooth wearables...
Plant-based burger maker Beyond Meat is facing a lawsuit from former business partner Don Lee over fraud allegations, saying the company misappropriated its trade secrets and broke a contract. This could hurt its stock rates, according to CCN.com. Don Lee alleges that it helped Beyond...
Directly, a company focused on making chatbots more user-friendly and intelligent, has secured $20 million in a new round of financing led by Samsung’s NEXT. Also investing venture capital were companies AvidBank, M12, Costanoa Ventures, Industry Ventures, Northgate, and True Ventures. M12 is the venture...
ManoMano, a French startup, has raised more cash in a new funding round, reports said. About €125 million ($139 million USD) was secured for the company’s eCommerce platform of home improvement products and services. Temasek led the funding round, with Bpifrance, Eurazeo, General Atlantic, Piton...
Kobe Bryant, who died Sunday (Jan. 26), was a well-known businessman and leaves behind a strong legacy of savvy investing and mentoring, according to a report by CNN Business. He was 41 at the time of his death. “For 20 seasons, Kobe showed us what...
