Yapily, the U.K.-based FinTech startup, has raised $5.4 million in a seed round of funding. According to a press release covered by PE Hub, the funding round included HV Holtzbrinck Ventures and LocalGlobe. Funding will go to develop its API platform aimed at helping FinTechs...
San Francisco-based startup Brex is set to close on new funding at a valuation of more than $2 billion. Brex — which provides corporate credit cards to tech companies, startups and their employees — previously raised money at a $1.1 billion valuation earlier this year....
Sources have revealed that long-standing private equity firm Bain Capital is trying to raise $1 billion to launch a new technology fund that the firm will use for buyouts and late-stage minority investments. The anonymous sources told CNBC that the fund — called Bain Capital...
Pico, a startup aimed at helping companies cull revenue from subscription models, has raised $4.5 million in a funding round led by Stripe and Precursor Ventures, according to a report. Bloomberg Beta, Village Global and Axel Springer Digital Ventures also participated in the round. The...
Social Finance (SoFi), a personal finance company, has raised half a billion dollars in a funding round led by Qatar, according to a report by CNBC. The company said it will use the capital to invest in growth and add some muscle to its $2.3...
Warranty service company Upsie has raised $5 million in new funding, led by True Ventures. Techstars Ventures, Matchstick Ventures, The Syndicate Fund, M25 and angel investor Marc Belton also participated in the round. Minneapolis, MN-based Upsie will use the new funding to revamp its service,...
SeedLegals, a startup that automates the funding round process for other startups, including getting rid of middlemen and saving lawyer costs, has raised $4 million in a Series A funding round, according to a report by TechCrunch. The round was led by Index Ventures, with...
Alibaba, the Chinese eCommerce giant, is reportedly mulling raising $20 billion in a second Hong Kong listing. Bloomberg, citing people familiar with the matter, said Alibaba is currently working with financial advisors on the offering. The company wants to file a listing application as early...
Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The round, which was led by New Enterprise Associates (NEA), brings the company’s total funding amount to $35...
