funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Today In Digital-First Banking: PNC Signs Onto TCH’s CHIPS Network; UK’s FCA Increases Caps On Contactless Payments
Today In Digital-First Banking: PNC Signs Onto TCH’s CHIPS Network; UK’s FCA Increases Caps On...
March 03, 2021  |  Digital Banking

In today’s top news in digital-first banking, PNC Bank has joined The Clearing House’s CHIPS network, while the U.K.’s Financial Conduct Authority (FCA) is increasing the limits...

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Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi
Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi
March 03, 2021  |  Investments

German urban air mobility (UAM) startup Volocopter has raised €200 million, or $240 million, to help certify and launch its battery-powered city air taxi, VoloCity....

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Vestiaire Collective Wraps Up $215 Million Financing Round
Vestiaire Collective Wraps Up $215 Million Financing Round
March 03, 2021  |  Retail

French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury...

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Oscar Health IPO Raises $1.4 Billion On $7.9 Billion Valuation
Oscar Health IPO Raises $1.4 Billion On $7.9 Billion Valuation
March 03, 2021  |  IPO

Insurtech Oscar Health, co-founded by Joshua Kushner, raised $1.4 billion in an initial public offering (IPO) on a $7.9 billion valuation, The Financial Times reported...

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Serve Robotics Closes Seed Round To Drive Sidewalk Delivery Robots
Serve Robotics Closes Seed Round To Drive Sidewalk Delivery Robots
March 02, 2021  |  Delivery

Serve Robotics, spun from Uber’s $2.65 billion acquisition of Postmates last year,  just closed a seed funding round for an undisclosed amount, according to a...

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Amex Ventures, PayPal Ventures Invest In SMB Data Firm Codat
Amex Ventures, PayPal Ventures Invest In SMB Data Firm Codat
March 02, 2021  |  B2B Payments

American Express Ventures and PayPal Ventures have made “strategic investments” in business data FinTech startup Codat, which has also officially rolled out its U.S. operations,...

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Accel Leads Xendit’s $65 Million Fundraise For South East Asia’s Digital Payments
Accel Leads Xendit’s $65 Million Fundraise For South East Asia’s Digital Payments
March 02, 2021  |  Digital Payments

Digital payments infrastructure firm Xendit notched $64.6 million in a Series B funding round led by Accel, bringing the total raised to $88 million since...

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Instacart Notches $265 Million On $39 Billion Valuation
Instacart Notches $265 Million On $39 Billion Valuation
March 02, 2021  |  Investments

Delivery startup Instacart is now valued at $39 billion — double its previous valuation — after its latest fundraise of $265 million, according to a...

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China’s FinTechs Will Be Subject To New Capital Requirements
China’s FinTechs Will Be Subject To New Capital Requirements
March 02, 2021  |  Bank Regulation

Chinese regulators continue to tighten rules for financial technology companies. On Tuesday (March 3), a top official said that FinTechs will be required to meet...

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