Funding Round news and trends

Monzo Aims for £4 Billion Valuation as Biggest Challenger Bank in UK
Fintech Investments // February 20, 2024

Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. The digital bank, which currently has over nine million U.K. personal current account customers, is in discussions with investors to raise fresh funds, according to The Financial Times....

Imbue Secures $200 Million Investment to Develop Practical AI Agents
artificial intelligence // September 07, 2023

Artificial intelligence (AI) startup Imbue, formerly known as Generally Intelligent, has raised $200 million in a Series B funding round, with a valuation of over $1 billion. The funding round attracted investment from notable names such as Astera Institute, NVIDIA, Cruise CEO Kyle Vogt and Notion co-founder Simon Last, the company said in a Thursday...

Cart.com Valued at $1.2 Billion Following $60 Million Series C
Supply Chain // June 27, 2023

Cart.com has raised $60 million in a funding round that values the company at $1.2 billion. The commerce and logistics solutions company announced the Series C funding round Tuesday (June 27), saying it would use the financing to boost its international expansion and meet increased demand from...

NorthOne Raises $67M Series B Toward Business Banking Platform
Banking // October 13, 2022

FinTech NorthOne has raised $67 million in Series B funding to go toward expanding its business banking and financial management platform, a press release said. The company was founded to work with various types of main street businesses that have been underserved by older financial...

Quick Reads
Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’

August 05, 2024
Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our mission to provide innovative and accessible financial services to a market of 70 million people who are still underserved or receive very low-quality products,” the company wrote in a recent […]

Monzo Aims for £4 Billion Valuation as Biggest Challenger Bank in UK

February 20, 2024
Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. The digital bank, which currently has over nine million U.K. personal current account...

Imbue Secures $200 Million Investment to Develop Practical AI Agents

September 07, 2023
Artificial intelligence (AI) startup Imbue, formerly known as Generally Intelligent, has raised $200 million in a Series B funding round, with a valuation of over $1 billion. The funding round attracted...

Cart.com Valued at $1.2 Billion Following $60 Million Series C

June 27, 2023
Cart.com has raised $60 million in a funding round that values the company at $1.2 billion. The commerce and logistics solutions company announced the Series C funding round Tuesday (June 27), saying...