Investments

Investments
Currencycloud Secures Funding For X-Border Technology
July 02, 2019

As part of a Series E round, cross-border payment application programming interface (API) company Currencycloud has raised approximately £32 million. The company’s technology is reportedly used by many FinTechs, among other companies, according to reports. According to a recent regulatory filing, as cited by the...

Investments
UK Fund Aims To Match US Tech Startup Investments
July 02, 2019

A fund, backed by some of Cambridge’s most well-known scientists, called Ahren Innovation Capital has raised about £200 million ($254 million USD) to invest in U.K. startups, and compete with U.S. investment companies to keep startups in the region, according to a report by the Financial...

Investments
Funding Pushes TripActions Travel Booking Service To $4B Valuation
June 28, 2019

Business travel platform TripActions has announced it has raised $250 million in Series D funding, bringing the company’s valuation to $4 billion. The round was led by Andreessen Horowitz, with participation from Zeev Ventures, Lightspeed Venture Partners and Group 11 (fka SGVC). TripActions will use...

Investments
WeGift Raises £4M In Funding To Boost Expansion To US
June 28, 2019

Digital rewards platform WeGift announced that it has raised £4 million (nearly $5.07 million USD) in Series A funding, led by Fred Destin at Stride.VC, who is also joining the company’s board of directors. Additional high-profile investors included SAP.iO and Unilever Ventures, as well as...

Investments
Grab Raises Another $300M To Accelerate SE Asia Expansion
June 27, 2019

Southeast Asia’s largest ride-hailing company, Grab, has raised $300 million from Invesco, an asset manager, according to a report by Reuters.  “The additional investment in Grab takes Invesco’s overall total to $703 million and re-affirms its belief in Grab’s vision and plan for the region,”...

Investments
Creative Group FinTech Lands $25M To Expand Into 30 Countries
June 27, 2019

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. The funding will be used to help the company expand to 30 countries by the end of next year. Founded in 2010, Creative Group enables customers to digitally buy or...

Investments
Funding Round Pushes Resale Site StockX To Unicorn Status
June 27, 2019

StockX, the world’s first “stock market of things,” announced that it has closed on a $110 million Series C funding round, leading it past a $1 billion annual GMV run rate in less than three years. The funding round was led by investment firms DST...

Investments
Shopify Stock Drops After Analyst Concerns Over Competition
June 26, 2019

Shopify’s shares fell 8.9 percent on Tuesday (June 25), its biggest drop of the year. The fall comes after its shares more than doubled from the beginning of the year, which created more than $25 billion in market value. That led the company’s shares to...

Investments
KoinWorks Closes $12M In Series B Funding Round
June 26, 2019

KoinWorks announced that it has raised $12 million in a Series B funding round. The round was co-led by EV Growth and Quona Capital, with participation from existing investors. The funding will be used to expand the KoinWorks team and partnerships, as well as further...