Tag: Fundings & Exits
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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Fintech startups amass war chests for the economic downturn
Consumer fintech startups were massively successful in 2019, attracting millions of new users and disrupting traditional retail banks and financial services with mobile-first, consumer-oriented products. Despite the economic downturn in public markets and the massive wave of cuts at public and private companies in recent weeks, fintech startups have been…
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Kingsoft Cloud IPO Defies Expectation as Vroom angles for debut
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Last Friday something very odd happened: the public debut of Kingsoft Cloud, a company that we’ve covered before. I’m nigh-incredulous about this IPO for the host of issues that we…
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Equity Monday: Kingsoft Cloud, Shiprocket, and who wants to make a contrarian investment?
Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Another weekend at home, another week’s starting from the same spot. How are you holding up? Do you miss your commute yet? Just want to get some breakfast from a kitchen other than…
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Hunter Walk: Damn the TAM and other seed startup thoughts
Hunter Walk thinks your TAM slide is stupid. That’s one viewpoint that the seed-stage investor shared with TechCrunch that made us laugh during our recent conversation. Walk joined us for an Extra Crunch Live chat late last week that was a mix of advice and insight about what the seed-stage…
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Balderton Capital backs Primer, a fintech helping merchants consolidate the payments stack
Primer, a U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has quietly raised £3.8 million in funding. Leading its £3.2 million seed round is Balderton Capital — which mostly does Series A — with participation from Taavet Hinrikus,…
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