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

We.Trade Cuts Half Of Workforce After Funding Disappointments
We.Trade Cuts Half Of Workforce After Funding Disappointments
June 18, 2020  |  B2B Payments

Blockchain-based we.trade, which works in open trading, has cut around half of its workforce after it was unable to secure sufficient funding, Global Trade Review...

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DoorDash Raising $400M On $16B Valuation
DoorDash Raising $400M On $16B Valuation
June 18, 2020  |  Investments

DoorDash said it is raising roughly $400 million in Series H financing led by new investors Fidelity Management & Research Co. as well as Durable...

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Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
June 18, 2020  |  B2B Payments

With a focus on expanding functionality for business customers, financial institutions (FIs) this week turned to FinTechs that could facilitate real-time data connectivity and analysis....

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FinTech Pagaya Notches $102M In Funding Round
FinTech Pagaya Notches $102M In Funding Round
June 17, 2020  |  Investments

Pagaya, a U.S. and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release, bringing...

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Upgrade Closes $40M Santander-Led Funding Round
Upgrade Closes $40M Santander-Led Funding Round
June 17, 2020  |  Investments

Mobile bank Upgrade Inc. has received a $40 million investment as part of its Series D round led by Santander InnoVentures, a division of Santander...

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Monzo Sees 40 Percent Drop In Valuation In VC Deal
Monzo Sees 40 Percent Drop In Valuation In VC Deal
June 16, 2020  |  Digital Banking

Online U.K. bank Monzo, fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation...

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Instacart Raises $225M At $14B Valuation
Instacart Raises $225M At $14B Valuation
June 11, 2020  |  Investments

Instacart‘s valuation is now almost $14 billion after a new funding round, the company announced in a press release. The round raised $225 million and...

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PayPal Commits $530M To Minority-Owned Businesses
PayPal Commits $530M To Minority-Owned Businesses
June 11, 2020  |  Investments

San Jose-based PayPal Holdings said it is making a $530 million commitment to support black- and minority-owned businesses and communities. The move comes in the...

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Fraud Detection Platform NS8 Raises $123M In Series A
Fraud Detection Platform NS8 Raises $123M In Series A
June 11, 2020  |  Investments

Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners, a press release states. There...

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