The B2B FinTech market flexed its muscles this week, with investments landing at alternative small business lending, payroll and Software-as-a-Service (SaaS). However, the big news includes the emergence of a new unicorn, as well as a B2B FinTech that — thanks to its latest funding...
Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal (WSJ) reported Friday (Sept. 21). Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1...
London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. One of Europe’s largest FinTech startups, TransferWise reported an annual post-tax net profit of £6.2 million ($8 million USD) for the fiscal year ending March 2018, according to CNBC....
Monzo, the U.K. digital bank, is on track to become the next European FinTech startup to reach unicorn status. According to a report in the Financial Times, with a new round of funding Monzo is expected to have a valuation of up to $1.5 billion,...
July 17, 2019
Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion dollars, according to reports. IAC is an internet media company that previously owned Match.com and OkCupid. The funding round brings the company’s total amount raised to $450 million since the […]
September 11, 2018
London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. One of Europe’s largest FinTech startups, TransferWise reported an annual post-tax net profit of...
August 17, 2018
Monzo, the U.K. digital bank, is on track to become the next European FinTech startup to reach unicorn status. According to a report in the Financial Times, with a new...
