Investments

Investments
Starling Bank Raises £60M For Expansion
February 13, 2019

Starling Bank, the U.K. digital banking platform, announced on Wednesday (Feb. 13) that it has raised £60 million ($77.15 million) in venture funding. According to a press release, the company said the Series C funding round was led by Merian Global Investors, including the Merian...

Investments
Rapyd Raises $40M For ‘FinTech-As-A-Service’
February 13, 2019

Rapyd, the Silicon Valley-based startup that offers a slew of financial services from payments to ID verifications from one API, has raised $40 million in venture funding. The Series B round of funding was led by General Catalyst and Stripe, the digital payments company. With...

Investments
Goldman-Backed Second Measure Lands $20M For Card Spend Analysis
February 12, 2019

Second Measure, a startup that analyzes credit card data and trends and sends out bi-weekly reports to investors, has raised $20 million in a Series A funding round, with Citi Ventures and Goldman Sachs leading the pack in capital, according to a report from Fortune....

Investments
DoorDash Market Cap Breaks $6B After $500M Fundraise
February 12, 2019

DoorDash, the food delivery startup, is gearing up to raise about $500 million, giving the company a valuation of higher than $6 billion. The Wall Street Journal, citing a person familiar with the situation, reported that at a $6 billion valuation DoorDash is valued at...

Investments
Mastercard Foundation, Ripple Back Remittance Co SendFriend
February 12, 2019

Remittance company SendFriend announced that it has raised $1.7 million from investors MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, Techstars, Mahindra Finance, 2020 Ventures, and 8 Decimal Capital. The investment funding will allow SendFriend to better enable Overseas Filipino Workers (OFWs) to safely transfer USD...

Investments
Reddit Valued At $3B After $300M Funding Round
February 11, 2019

Reddit has received $300 million in a Series D funding round from some notable investors, giving the company a new valuation of $3 billion. In addition, the investment will help the company take on ad revenue from companies like Facebook and Google and continue to...

Investments
Lunar Way Raises €13 Million In Funding To Bankroll Growth
February 11, 2019

Lunar Way, the Nordic banking app, has raised €13 million in venture funding led by SEED Capital. According to a report, Greyhound Capital, Social Capital and individual investors also participated in the round of funding. The FinTech recently announced that it received a PISP payment...

Investments
Nuro Raises $940M From SoftBank For Robotic Delivery
February 11, 2019

Nuro, the robotics company operating in the commerce market, announced on Monday (Feb. 11) that it has raised $940 million in financing from the SoftBank Vision Fund. In a press release, the company said that to date, it has raised more than $1 billion from...

Investments
Car Tech Startup Aurora Snags $530M From Amazon, Others
February 07, 2019

Aurora, a self-driving car technology company, has raised upwards of $530 million in a series B financing round led by Sequoia Capital, with a large investment from Amazon and T. Rowe Price Associates, according to reports. The announcement follows a $90 million funding round in...