Indian grocery delivery service BigBasket has launched a new funding round that could bring the company’s valuation to $3.5 billion. According to a report Tuesday (Sept. 27) by The Economic Times, sources say Tata Digital Ltd, a division of Tata Sons, and its investors will...
Online broker Robinhood is upping the interest rate it pays to Gold members on uninvested cash held in brokerage accounts. Through Robinhood’s brokerage cash sweep program, Gold customers now earn 3% interest on uninvested funds retained in accounts, compared to 1.5% for non-gold users, according...
German venture capital firm Point Nine, which backs companies including Delivery Hero, Revolut and Typeform, has raised €180 million in a new seed fund to support business-to-business (B2B) marketplaces and software-as-a-service (SaaS) startups, a report from Sifted said Monday (Sept. 26). Point Nine’s strategy is...
Food tech startup Not So Dark (NSD) has raised $80 million in a Series B funding round it will use to further expand its virtual food delivery franchise model across Europe. The funding was led by Kharis Capital and Verlinvest, with additional participation from Conviviality Ventures. With...
U.K.-based digital bank Perenna has closed a $30 million Series A funding round, as reported in AltFi Monday (Sept. 26). Perenna, which has yet to launch officially but has a waiting list for potential customers, is looking to position itself as a digital-first mortgage lender...
Digital banking infrastructure startup Signzy has raised $26 million in a Series B funding round, with the funds helping to grow its platform aimed at helping financial institutions (FIs) automate risk and compliance processes, according to a Monday (Sept. 26) post on its LinkedIn page....
Smart shopping tool startup Checkmate has raised $5 million in a seed funding round to drive product development and build out its new personalized solution for online shoppers. The tool, available as a mobile app and a web extension, aims to make it easier for...
Berlin-based VC firm Visionaries Club has raised a new €400 million fund to invest in B2B technology, a press release said. It will be divided into three funds: “a €150m seed fund; a €200m early growth fund to invest in startups post-Series B; and a...
Sam Bankman-Fried is reportedly in talks with investors to follow up a January funding round with a bigger infusion of capital for his cryptocurrency conglomerate FTX. The CEO and founder of the second-largest exchange is asking investors to back FTX with as much as $1...
