Investments

Investments
Sallie Mae-Backed Deserve Snags $17M To Help Millennials Build Credit
August 28, 2018

FinTech startup Deserve announced it has raised $17 million in Series C funding. The company uses machine learning (ML) and alternative data to help 40 million college students and young adults — also known as Generation Z — in the U.S. to achieve financial independence through access...

Investments
Parsing Buffett/Berkshire’s Paytm Push
August 27, 2018

Call it a $285 million shot across the digital payments bow. A new embrace of high tech, and a notable one for a famed investor known for his old economy picks. Maybe it’s a $360 million volley. And the buyer? He’s no slouch, as his picks...

Investments
Visa Makes Strategic Investment In Paidy
August 24, 2018

Visa has made a strategic investment in Paidy, which offers instantly issued post-pay credit services for eCommerce consumers based in Japan. The firms said in an announcement on Friday (August 24) that they are working together on “new digital payment experiences” that, in turn, seek...

Investments
Deutsche Bank Invests In Modo
August 24, 2018

Deutsche Bank announced that it has acquired an equity stake in Modo Payments, a payments technology company focusing on reducing friction in the payments industry. “Payments are the bloodline of banking. More and more global payments are executed electronically via FinTech and online platforms,” John...

Investments
Real Estate Startup Bungalow Secures $64M In Funding
August 23, 2018

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. The company also revealed that Opendoor Founder...

Investments
Latch Raises $70M In Funding Led By Brookfield Asset Management
August 22, 2018

Latch, manufacturer of a smart access system, announced on Wednesday (Aug. 22) that it has raised $70 million in venture funding. In a press release on PE Hub Network, Latch said the Series B financing round was led by Brookfield Ventures, the technology investing arm of...

Investments
Boxed Raises More Than $100M In Funding
August 22, 2018

Grocery startup Boxed announced that it has raised $111 million in a new round of funding. The company had been in talks earlier this year about a possible sale to Kroger for between $400 million and $500 million, which it ultimately rejected in March. A...

Investments
SoftBank Invests In Rental Car Co
August 22, 2018

Carsharing platform Getaround has announced that it raised $300 million in a Series D funding round led by SoftBank. Toyota Motor Corporation and inside investors also participated in the round. Getaround provides instant and keyless carsharing through its patented, integrated hardware and software platform. “Over the...

Investments
Klook CPO Liu Outlines Travel Booking Platform’s Global Expansion
August 21, 2018

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. Throw another round number into the mix: $200 million. That’s the amount that Klook — a startup based in Hong...