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

FinTech WeLab Considers $250M Funding Round for APAC Expansion
FinTech WeLab Considers $250M Funding Round for APAC Expansion
November 21, 2022  |  Investments

Hong Kong-based lending FinTech WeLab is reportedly considering a new funding round that could value the company at about $2 billion. The company hopes to...

READ MORE >
Binance CEO Zhao’s Crypto Recovery Fund Proposal Draws Support
Binance CEO Zhao’s Crypto Recovery Fund Proposal Draws Support
November 16, 2022  |  Cryptocurrency

Binance CEO Changpeng Zhao’s proposal to form a recovery fund for the crypto industry is reportedly drawing a positive response from firms interested in contributing. ...

READ MORE >
UK FinTech Banked Raises $15M for US Expansion
UK FinTech Banked Raises $15M for US Expansion
November 15, 2022  |  Investments

U.K.-based FinTech Banked has raised over $15 million in a Series A round, according to a press release on Tuesday (Nov. 15). The round was...

READ MORE >
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
November 15, 2022  |  Cryptocurrency

The cryptocurrency exchange he launched may be broke and under investigation, but FTX founder Sam Bankman-Fried is still hoping to raise enough cash to cover...

READ MORE >
Indian FinTech Lentra Nets $60M on $400M Valuation
Indian FinTech Lentra Nets $60M on $400M Valuation
November 14, 2022  |  Investments

India-based lending software provider Lentra has raised $60 million in a Series B funding round and said it will use the new capital to expand...

READ MORE >
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
November 14, 2022  |  Investments

Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in...

READ MORE >
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
November 11, 2022  |  Investments

On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add...

READ MORE >
Egyptian Digital Lender Blnk Raises $32M
Egyptian Digital Lender Blnk Raises $32M
November 10, 2022  |  Investments

Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized...

READ MORE >
Mexican B2B Payment Firm Mendel Raises $60M
Mexican B2B Payment Firm Mendel Raises $60M
November 08, 2022  |  Investments

B2B payments company Mendel has raised $60 million in a new funding round and said it plans to use the new capital to accelerate the...

READ MORE >