valuation

TransferWise Valuation Reaches $5B
TransferWise Valuation Reaches $5B
July 29, 2020  |  Investments

TransferWise, the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid...

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Robinhood Raises $320M, Valuation Hits $8.6B
Robinhood Raises $320M, Valuation Hits $8.6B
July 13, 2020  |  Investments

Commission-free online brokerage Robinhood said Monday (July 13) that it has added $320 million to a funding round disclosed in May, bringing the total for...

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Square Rally Sees Firm’s Valuation Nearing Major Banks
Square Rally Sees Firm’s Valuation Nearing Major Banks
July 06, 2020  |  Investments

With a rally in shares, Square‘s valuation is approaching the level of some of the biggest U.S. banks, Bloomberg reports. Since May, Square’s market capitalization...

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MercadoLibre Gross Merchandise Volume Soars 73 Pct In April
MercadoLibre Gross Merchandise Volume Soars 73 Pct In April
July 06, 2020  |  eCommerce

Buenos Aires-based eCommerce market MercadoLibre has seen a boost thanks to the pandemic, with shares climbing above $1,000 and sales spiking, Bloomberg reported. The company...

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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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China’s Meal Delivery Service Meituan Now Valued At $100B
China’s Meal Delivery Service Meituan Now Valued At $100B
May 26, 2020  |  Aggregators

Hong Kong’s Meituan, a food delivery service, hit a valuation of $100 billion on Tuesday (May 26) as shares soared, according to TechCrunch. Meituan is...

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General Atlantic Latest To Pony Up Cash For Stake In India’s Jio Platforms
General Atlantic Latest To Pony Up Cash For Stake In India’s Jio Platforms
May 17, 2020  |  Investments

The New York-based private equity firm General Atlantic closed an $870 million deal for a 1.3 percent stake in Jio Platforms, the digital subsidiary of...

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Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
May 15, 2020  |  Investments

London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus...

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Today In Payments: Airbnb Drops Internal Valuation 16 Pct; Gig Workers’ Unemployment Benefits In Question
Today In Payments: Airbnb Drops Internal Valuation 16 Pct; Gig Workers’ Unemployment Benefits In Question
April 03, 2020  |  News

In today’s top news, Airbnb has lowered its internal valuation 16 percent as lockdowns continue to hammer business, and gig workers face uncertainty over how...

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