Japanese global tech and investment conglomerate SoftBank is said to be weighing the launch of a third Vision Fund or adding money to its Vision Fund 2, which along with its first Vision Fund has been bleeding red. The world’s largest backer of startups would...
Lease-to-own (LTO) FinTech company Kafene has raised $18 million in a Series B funding round and will use the new capital to help more merchants offer LTO financing to underserved consumers. Kafene’s platform is used by merchants at the point of sale to offer consumers...
Venture capital firm Northzone announced Tuesday (Sept. 13) that has raised €1 billion ($1 billion) in its largest fundraise to date, marking its 10th funding round since its founding in 1996. The funding will be used to back the next generation of changemakers, with the...
Turkish startup Fimple has drawn $2 million worth of investments in a two-month, pre-seed tour and aims for global expansion of its cloud-based financial services. The Istanbul-based FinTech began its expansion by launching operations in London earlier this year, according to a Monday (Sept. 12)...
Splitit, a merchant-branded installments-as-a-service platform, has raised A$10.5 million in private placement capital funding with participation from both current institutional investors and new backers. The company’s management team and board of directors also added A$712,500, according to a press release Monday (Sept. 12). Splitit said...
Alphabet-owned health technology company Verily is preparing to expand its precision health businesses after a $1 billion investment round. The capital — from a round led by Alphabet itself — will be used “to support a variety of the company’s core initiatives focused on real-world...
Reality star turned entrepreneur Kim Kardashian and a former partner at Carlyle Group are launching a new private equity firm. Kardashian is working with Jay Sammons, who oversaw consumer investing for Carlyle, to start SKKY Partners, The Wall Street Journal (WSJ) reported Wednesday (Sept. 7)....
Simon Beckerman, founder of peer-to-peer eCommerce platform Depop, popular for buying and selling used clothing, is looking to apply the same model to the food world — no, not secondhand foods, but a marketplace for independent sellers to connect with buyers. Said marketplace, DELLI, announced...
Uber co-founder and ex-CEO Travis Kalanick once again has the financial backing of tech giant Microsoft, this time, for his new venture CloudKitchens. Microsoft is the first U.S.-based investor that backed Uber and also invested in Klanick’s dark kitchen startup, Financial Times reported on Wednesday...
