Tag: money
TrueLayer nabs $130M at a $1B+ valuation as open banking rises as a viable option to card networks
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 new services) by way of APIs — continues to gain ground in the world of financial services. As a mark…
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Gaia Capital Partners in Paris rebrands as Revaia, closes first €250M growth fund
Paris-based VC fund Gaia Capital Partners has change its name to Revaia and announced the final closing of its first growth fund, at €250 million. The firm said it exceeded its initial target of €200 million, and the fund will be ‘ESG focused’. Revaia is also claiming to be Europe’s…
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UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance
Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates…
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CoachHub raises $80M in Series “B2” round, as coaching goes digital in the pandemic
The world of professional coaching has grown over the years as coaches realised they could easily counsel people remotely and clients realized digital coaching was far more efficient. But, equally, a problem arose in how to sift the wheat from the chaff. At the same time corporates realised that their…
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Why fintechs are buying up legacy financial services companies
Oh, how the tables have turned. It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. It used to be that if you were…
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Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest
Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously… only the other day a $100 million fund aimed at Russian speaking entrepreneurs appeared, and others are proliferating.…
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