Tag: Fintech
GoBear raises $17 million to expand its consumer financial services for Asian markets
Singapore-based fintech startup GoBear has raised $17 million from returning investors Walvis Participaties, a Dutch venture capital firm, and Aegon N.V., a life insurance and asset management provider. The funding brings GoBear’s total funding so far to $97 million, and will be used to expand its consumer financial services platform,…
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Newton Mail founder returns with launch of personal net worth tracker, Kubera
Serial entrepreneur Rohit Nadhani, who last sold his Newton email app to Essential in 2018— an app so popular it’s been saved from shutting down multiple times — is today launching a new startup, Kubera. The service aims to offer an alternative to using a spreadsheet to keep track of…
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UK’s ANNA raises $21M for its SMB-focused business account and tax app
Small and medium businesses and sole-traders account for the vast majority of businesses globally, 99.9% of all enterprises in the UK alone. And while the existence millions of separate companies, with their individual demands, speaks of a fragmented market, together they still represent a lot of opportunity. Today, a UK…
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SparkLabs Global Ventures promotes Jessica Jackley, co-founder of Kiva, to general partner
Jessica Jackley, co-founder of non-profit microlending platform Kiva, has become a general partner at SparkLabs Global Ventures. Jackley was previously a venture partner at the firm, which focuses on seed-stage investments in the United States, Asia and Europe. Jackley is also the chief impact officer at Aspiration, an online financial…
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VCs pulled back from fintech in Q1
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. If you just read the headlines, you’d be excused for thinking that venture capital investment into financial-technology companies is at an all-time high. Big deals this year like Plaid’s $5.3…
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Southeast Asian lending platform Validus raises $20 million for its Series B+ round
Small- to medium-sized businesses are one of the most important parts of Southeast Asia’s economy, but many have trouble securing growth capital from traditional financial institutions. Validus wants to fix the financing gap with its peer-to-peer lending platform, which connects accredited lenders with SMEs. The Singapore-based startup announced today that…
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