Open banking — a disruptive technology that seeks to bypass the dominance of card networks and other traditional financial rails by letting banks open their systems directly to developers (and…
Category: funding
Facetune maker Lightricks raises $130 million ahead of M&A plans
Facetune developer Lightricks, which operates over a dozen subscription-based photo and video editing apps across iOS and Android, now has $130 million in new funding to further grow its business….
FloBiz raises $31 million to scale its neobank for small businesses in India
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new…
1 change that can fix the VC funding crisis for women founders
Claire Diaz-Ortiz Contributor Claire Diaz-Ortiz is a venture capitalist and author of nine books that have been translated into 11 languages. Her next book is on women founders and funders….
Tiger Global-led $100M investment makes Apna India’s fastest unicorn
A 22-month-old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become the youngest firm to join the coveted unicorn…
Nigerian agritech startup Releaf secures $4.2M to scale its food processing technology
The distance between their farms and the nearest processor is key for smallholder farmers who need to process their crops. And though Nigeria’s food processing systems have a keen resemblance…
India’s Groww in talks to raise funds at a $3 billion valuation
Groww, an Indian startup that is helping millennials invest in mutual funds and stocks, is in advanced stages of talks to raise a new financing round at a $3 billion…
Logistics startup Stord raises $90M in Kleiner Perkins-led round, becomes a unicorn and acquires a company
When Kleiner Perkins led Stord’s $12.4 million Series A in 2019, its founders were in their early 20s and so passionate about their startup that they each dropped out of…
GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the grocery supply chain
When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a…
MarginEdge, a restaurant management software company, raises $18M
MarginEdge announced Monday it raised $18 million in Series B funding to give restaurant operators a real-time view into their costs. Co-founder and CEO Bo Davis founded the company with…