Cloud banking startup Mambu has raised €110 million (nearly $135 million) in a new funding round aimed at financing the company’s global expansion. TCV led the latest round of financing, with Tiger Global and Arena Holdings contributing additional dollars. Current investors Bessemer Venture Partners, Runa...
Catastrophe breeds innovation — at least in terms of new business concepts. But capital brings those concepts to life. And in a roundtable with Karen Webster, five panelists from innovative companies — and one investor who gave insight into what he looks for when funding...
Growth equity firm TCV has acquired spend management tech firm Oversight, according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions. Oversight uses an artificial intelligence (AI)-based platform to digitally analyze auditing and risk...
The first half of 2020 has been rough on small businesses of all kinds, whether they had to close their doors due to public-health orders or had to relocate their staff to working from home virtually overnight. It’s required lots of on-the-spot innovation as firms...
January 27, 2021
Venture capital firm TCV has raised $4 billion for its “largest fund to date.” The company said it would use the new fund “to capture the vast opportunities presented by digital transformation and rapid technology adoption.” In a press release, TCV said that since the firm was started in 1995, it has invested more than […]
January 07, 2021
Cloud banking startup Mambu has raised €110 million (nearly $135 million) in a new funding round aimed at financing the company’s global expansion. TCV led the latest round of financing,...
February 24, 2020
After raising another $500 million in its Series D fundraising, Revolut plans to increase daily engagements and has set its sights on profitability this year, according to the company. The...
July 28, 2019
The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV, making it the first major Latin American investment by the Menlo Park, California...