Months after first signaling plans for the investment, the International Finance Corporation (IFC) has placed $10 million in group buying site Power2SME. Reports Tuesday (Sept. 5) said the IFC, a member of the World Bank Group, had announced the equity investment in the company, which provides...
For the second time, Accel Partners and Balderton Capital have stayed silent about what went wrong with the the payday loans company Wonga, according to an article by techcrunch.com on Monday (Oct. 20). This time, however, the cone of silence was made publicly on stage among a panel of...
Analytics firm Qubit has picked up $26 million in Series B funding, led by Accel Parters, TechCrunch is reporting. “Salesforce Ventures also participated in the round, along with existing investor Balderton Capital. The startup raised a Series A round of $7.5 million in 2012 and...
Small-business invoicing startup Invoice2go has grabbed $35 million in financing — the first outside investment since the company’s founding in Australia in 2002. The new capital from Accel Partners, Ribbit Capital, and Waldorf is being used in part to move the company’s headquarters from Sydney,...
August 06, 2018
Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. The funding will help cover compensation claims related to its past censured practices, according to TechCrunch. Founded in the UK in 2006, Wonga had raised a total of around £145.5 million from investors including Accel, […]
September 06, 2017
Months after first signaling plans for the investment, the International Finance Corporation (IFC) has placed $10 million in group buying site Power2SME. Reports Tuesday (Sept. 5) said the IFC, a member...
October 22, 2014
For the second time, Accel Partners and Balderton Capital have stayed silent about what went wrong with the the payday loans company Wonga, according to an article by techcrunch.com on Monday (Oct. 20). This...
September 30, 2014
Analytics firm Qubit has picked up $26 million in Series B funding, led by Accel Parters, TechCrunch is reporting. “Salesforce Ventures also participated in the round, along with existing investor...