Investments

Investments
Indian Embedded FinTech Startup Niro Closes $3.5M Seed Funding
October 13, 2021

Embedded FinTech startup Niro raised $3.5 million in a seed funding round led by Elevar Equity with participation from angel investors Kunal Shah, Nitin Gupta, Bala Parthasarathy, the Patni Family Office, R. Ramaraj and Aseem Dhru, according to reports. Recently launched by Aditya Kumar, chief...

Investments
M2P FinTech Raises $35M in Funding at $335M Valuation
October 12, 2021

India-based API infrastructure company M2P FinTech has generated $35 million in Series C investments, pushing its valuation to $335 million, according to a Tuesday (Oct. 12) report from The Hindu. Tiger Global Management led the funding round, which received participation from current investors, BEENEXT, Flourish...

Investments
Crypto Trading Platform MoonPay Seeks $3.4B Valuation
October 12, 2021

MoonPay, which makes tools allowing web and mobile developers to accept cryptocurrency payments, could reach $3.4 billion after its first round of venture capital funding wraps up, according to a Cointelegraph report on Tuesday (Oct. 12). Tiger Global Management and Coatue Management are leading the...

Investments
London Crypto Analytics Firm Elliptic Nets $60M
October 12, 2021

London-based Elliptic, which works in blockchain analytics and cryptocurrency compliance solutions, has generated $60 million in Series C funding, according to a Tuesday (Oct. 12) report from UK Tech News. Led by Evolution Equity Partners, as well as a new contribution from SoftBank Vision Fund...

Investments
Virtual Events Platform Hubilo Raises $125M Series B
October 12, 2021

Virtual events firm Hubilo has raised $125 million in a Series B funding round led by Alkeon Capital, Lightspeed Venture Partners and Balderton Capital, according to a press release emailed to PYMNTS. The fresh infusion of capital will be used to build out Hubilo’s platform...

Investments
EarnWealth Grabs $500K in Pre-Series Funding
October 11, 2021

Social commerce FinTech startup EarnWealth recently raised Rs 3.5 crore ($500,000) in Pre-Series A funding at a valuation of Rs 50 crore (more than $6.6 million), according to a YourStory report on Monday (Oct. 11). EarnWealth, which was launched in 2014 by Rajesh P. Nair,...

Investments
Tiger Global Leads $15M Funding in Nigerian Open Banking Startup Mono
October 11, 2021

Open banking startup Mono raised $15 million led by Tiger Global, with participation from existing investors Entree Capital, Lateral Capital, GPIC, Acuity VC and Ingressive Capital, and new backers Target Global, General Catalyst and SBI Investment. Headquartered in Nigeria and co-founded in 2020 by Abdul...

Investments
India’s CRED Wants to Reach $5.5B Valuation
October 11, 2021

Six months after a funding round that put its valuation at $2.2 billion, India’s CRED is hoping to double that figure. As TechCrunch reported Monday (Oct. 11), the startup, which helps people boost their credit scores by assisting them with on-time bill paying, has begun...

Investments
ConsenSys Crypto Investors Include JPMorgan, Mastercard, With $3B Valuation
October 10, 2021

Ethereum blockchain software company ConsenSys could be on the brink of closing a funding deal that would give the company a valuation of $3 billion, the Financial Times (FT) reported. ConsenSys announced in an April press release that it had raised $65 million from investors...