Balderton Capital

FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
March 06, 2023  |  Fintech Investments

In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite...

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FinTech Cash Burn Totaled $12 Billion in 2022
FinTech Cash Burn Totaled $12 Billion in 2022
March 05, 2023  |  Fintech Investments

Recently listed tech companies reportedly went through more than $12 billion in cash during 2022. And as the Financial Times (FT) reported Sunday (March 5),...

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The VC Fundraising Sea-Change: Less Formal, More Human
The VC Fundraising Sea-Change: Less Formal, More Human
February 23, 2023  |  Startups

FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth...

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Payday Lender Wonga Gets £10M Lifeline
Payday Lender Wonga Gets £10M Lifeline
August 06, 2018  |  Investments

Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. The funding will help cover...

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Today in Data: U.K. Lender Prodigy’s U.S. Expansion Funding
Today in Data: U.K. Lender Prodigy’s U.S. Expansion Funding
August 22, 2017  |  Today In Data

It can be argued that one of the highest costs to expanding professional careers is that of funding student loans. Post-primary schooling can be one...

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$66M Investment Round Logged for Revolut
$66M Investment Round Logged for Revolut
July 13, 2017  |  What's Hot

The financial services firm Revolut has garnered a $66-million funding round via Series B financing, TechCrunch reports, with a series of new and existing investors....

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Investors Avoid Answering Where Wonga Went Wrong
Investors Avoid Answering Where Wonga Went Wrong
October 22, 2014  |  News

For the second time, Accel Partners and Balderton Capital have stayed silent about what went wrong with the the payday loans company Wonga, according to an...

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Analytics Firm Qubit Picks Up Funding
Analytics Firm Qubit Picks Up Funding
September 30, 2014  |  News

Analytics firm Qubit has picked up $26 million in Series B funding, led by Accel Parters, TechCrunch is reporting. “Salesforce Ventures also participated in the...

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