GuestReady Group, a startup that helps hosts on Airbnb and other similar sites, revealed that it has raised $6 million in Series A funding. The round was co-led by Abramovich-backed Impulse VC and Dubai-based VentureSouq, while many existing investors, including Boost Heroes, Aria Group and 808 Tech...
Zego, a London-based startup that provides insurance for gig workers, has raised $42 million in a Series B funding round, according to reports. The round was led by a firm called Target Global, which specializes in FinTech and mobility, while TransferWise founder Taavet Hinrikus contributed...
In a Series C round led by Sequoia India and Ribbit Capital, online payments firm Razorpay has notched $75 million in funding. Y Combinator’s Continuity Fund and Tiger Global Management, who are existing investors, also joined the round in the Bengaluru-based firm, DealStreetAsia reported. With...
Turnkey open banking platform Token has received a $36.5 million investment from a few investors, including Opera Tech Ventures, which is the venture division of bank BNP Paribas. Other investors include banks in the Middle East and Southeast Asia, according to a release by the...
In what could be one of the first investments by a crypto-based firm in a major U.S. firm that is publicly traded, Ripple Inc. has arranged to invest up to $50 million in MoneyGram International Inc. Ripple is the company behind the XRP digital currency,...
B2B eCommerce platform Arzooo has raised $1 million (around Rs 6.95 crore) in a pre-Series A round of funding. The funding was led by the United Arab Emirates-based Jabbar Internet Group, which was once the parent company of Middle Eastern eCommerce platform Souq.com. Souq was...
Stride, a startup that provides group travel packages and describes itself as offering “experiential multi-day and multi-destination packaged trips planned by experts,” has raised $2.5 million in a seed funding round from JetBlue Ventures and NFX, according to a report by TechCrunch. The company was...
Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 billion. In a press release, Brex said the funding round was led by Kleiner Perkins Digital Growth Fund, with participation from all...
Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have chosen Luxembourg as an entry point into Europe. According to a report, the Chinese startup PingPong, a FinTech company, will...
