FlexPay, a Montreal-based FinTech company that uses artificial intelligence (AI) and machine learning to aid merchants in recouping revenue lost from falsely declined transactions, has raised $6 million in a funding round, according to a release. The round was led by Impression Ventures, with BMO...
Short-term corporate housing company Zeus has raised $55 million in a series B funding round, according to a blog post by the company. The round was led by TI Platform Management with participation from Airbnb, Spike Ventures, Comcast, CEAS Investments, NFX and Initialized Capital. Zeus...
Alibaba’s Jack Ma warned SoftBank’s Masayoshi Son that having too much money can lead to a “lot of mistakes.” “You don’t make mistakes when you don’t have money,” Ma said during a panel discussion at the University of Tokyo, according to The Financial Times. “When...
Vroom, an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. Durable Capital Partners led the round, and T. Rowe Price Associates, L Catterton and others participated. Vroom has raised...
Shipium, a logistics startup founded by former Amazon and Zulily employees Jason Murray and Mac Brown, has raised $2 million in seed funding in a round led by PSL Ventures, according to a report by GeekWire. Murray worked at Amazon for 20 years, as a vice president...
Blockchain lending firm Figure Technologies announced that it has closed a $103 million series C funding round led by Morgan Creek Digital. MUFG Innovation Partners Co., as well as other new and existing investors, also participated in the round, which brings Figure’s total amount raised...
Rebel, a Brazilian FinTech that offers unsecured credit to middle-class citizens in the country, has raised $10 million in new equity funding, according to a press release. Last year, the company also raised $4 million from XP and other companies. Participants in this round include...
Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec. 4). The company, which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. It quickly expanded to one...
London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 billion. This latest round of funding comes from new investment firm Durable Capital Partners. Rapyd, which built an application programming interface (API) that lets customers tap into a...
