Category: Funding
Zeta becomes a unicorn with $250 million SoftBank-led funding
Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a new financing round. The embedded finance firm, co-founded by veteran Indian entrepreneur Bhavin Turakhia, said on Monday it has raised $250 million in its Series D round…
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Nigeria’s Mono raises millions to power the internet economy in Africa
In February, Nigerian fintech startup Mono announced its acceptance into Y Combinator and, at the time, it wanted to build the Plaid for Africa. Three months later, the startup has a different mission: to power the internet economy in Africa and has closed $2 million in seed investment towards that…
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Mental health app Wysa raises $5.5M for ’emotionally intelligent’ AI
It’s hard enough to talk about your feelings to a person; Jo Aggarwal, the founder and CEO of Wysa, is hoping you’ll find it easier to confide in a robot. Or, put more specifically, “emotionally intelligent” artificial intelligence. Wysa is an AI-powered mental health app designed by Touchkin eServices, Aggarwal’s…
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factory14 raises $200M to jump into the Amazon marketplace roll-up race
It doesn’t feel like a week goes by at the moment that another startup doesn’t emerge armed with a huge wallet of cash to pursue a strategy of consolidating and then scaling promising brands that have built a business selling on marketplaces like Amazon’s. In the latest development, a startup…
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Privacy.com rebrands to Lithic, raises $43M for virtual payment cards
When Privacy.com was founded in 2014, the company’s focus was to let anyone generate virtual and disposable payment card numbers for free. The goal was to allow those users to keep users’ actual credit card numbers safe while allowing the option to cut off companies from their bank accounts. In…
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Berlin’s Trade Republic nabs $900M led by Sequoia at a $5B valuation to take its neo-broker app across Europe
Consumers are moving into investing to complement — or in some cases, offset — less good returns from things like traditional savings accounts with low interest rates or pensions, and today one of the bigger “neo-brokers” in Europe helping to open up that opportunity is announcing a monster round of…
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