Tag: finance
Paid Time Off startup Sorbet reels-in another $15M inside three months
US/Israeli startup, Sorbet – which helps companies de-risk themselves against accrued paid time off (PTO) by employees — has raised another $15M, in a round led By Dovi Frances’ Group 11, not long after a $6 million seed round only last April. Sorbet says it removes the burden of PTO…
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Golden Ventures raises $100M fourth fund and $20M opportunities fund
Canadian early stage venture firm Golden Ventures has raised its fourth fund, a $100 million pool of capital that it will use to invest in between 20 to 25 companies, as well as a $20 million ‘Opportunities Fund’ that it will use to make follow-on investments in standout performers among…
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Fintech veteran Jitendra Gupta is ready for his new inning — now he is going after banks in India
For most people in India, having to engage with banks doesn’t instill a sense of joy. Banks in the South Asian market are notorious for making unannounced spam calls to upsell customers loans and credit cards, even when they have been explicitly asked not to do so. Moreover, when a…
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DataRails books $25M more to build better financial reporting tools for SMBs
As enterprise startups continue to target interesting gaps in the market, we’re seeing increasingly sophisticated tools getting built for small and medium businesses — traditionally a tricky segment to sell to, too small for large enterprise tools, and too advanced in their needs for consumer products. In the latest development…
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Tiger Global in talks to back BharatPe at $2.5 billion valuation
Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter told TechCrunch. The new round, a Series E, is giving the three-year-old New Delhi-headquartered firm a pre-money valuation of $2.5…
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10x, a UK fintech, raises $187M to build new services for old banks
As so-called neobanks continue to gain more traction in the market with their more modern takes on banking and other financial services, a startup that’s building technology to help incumbent players better compete is announcing a big round of funding. 10x Future Technologies, a London-based fintech that helps larger, established…
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