unicorns

Philippines-Based Mobile Wallet GCash Valued at $5 Billion
Philippines-Based Mobile Wallet GCash Valued at $5 Billion
August 04, 2024  |  Mobile Wallets

Mynt, owner of the Philippines’ mobile wallet GCash, is now valued at $5 billion. The company became the Southeast Asian country’s first $5 billion unicorn...

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Financial Infrastructure Platform QI Tech Achieves Unicorn Status
Financial Infrastructure Platform QI Tech Achieves Unicorn Status
April 25, 2024  |  Investments

Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor...

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FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023  |  Business

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has...

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Nearly 90% of 2021’s Unicorns Are Now Valued Lower
Nearly 90% of 2021’s Unicorns Are Now Valued Lower
December 06, 2023  |  Startups

The status of being a unicorn is not as secure as it once seemed. Nearly 90% of the 128 companies that achieved valuations of $1...

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Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
November 06, 2023  |  artificial intelligence

Chinese artificial intelligence (AI) startup 01.AI has reportedly reached unicorn status less than eight months after launching. The company, founded by computer scientist and Google/Microsoft veteran Kai-Fu Lee,...

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Report: Generative AI Firms Make Up 60% of New Unicorns
Report: Generative AI Firms Make Up 60% of New Unicorns
October 17, 2023  |  artificial intelligence

If you’re searching for unicorns, you might want to look in the generative AI space. A report published Tuesday (Oct. 17) by venture firm Accel says generative artificial intelligence...

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Spend Management Platform Clara Becomes Latam’s Fastest Unicorn
Spend Management Platform Clara Becomes Latam’s Fastest Unicorn
December 06, 2021  |  Investments

The Mexico City-based spend management platform Clara announced its launch in Brazil Monday (Dec. 6), an occasion marked by $70 million in new funding and...

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Blank Check Companies Set Sights On Unicorns
Blank Check Companies Set Sights On Unicorns
June 23, 2020  |  IPO

Amid Wall Street’s gyrations and the search for the next great tech unicorn: Blank checks for blank check companies? On Monday (June 22), CNBC reported...

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SoftBank Shareholders Push For Grab, Gojek Deal In Indonesia
SoftBank Shareholders Push For Grab, Gojek Deal In Indonesia
March 08, 2020  |  Partnerships / Acquisitions

Investors are asking SoftBank to help align Southeast Asia’s ride-hailing unicorns Grab and Gojek, The Financial Times reported, citing sources. In the past 18 months,...

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