Fintech

Notable Capital’s Hans Tung on the state of VC and the upside to down rounds

Fintech /

To some investors, “down round” is a dirty phrase, but not to Notable Capital’s Hans Tung. Hans is a managing partner at Notable Capital, formerly GGV Capital, a venture firm focusing on investments in the U.S., Latin America, Israel, and Europe. Hans, whose portfolio includes the likes of Airbnb, StockX and Slack, sat down with […]

Notable Capital’s Hans Tung on the state of VC and the upside to down rounds Read More »

Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey

Fintech /

Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage of Canada. The startup is aimed at Turkey’s retail investor market and claims to have more than 2 million users. Its pitch is that it charges

Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey Read More »

Fintech CRED secures in-principle approval for payment aggregator license

Fintech /

CRED has received the in-principle approval for a payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster. The Bengaluru-headquartered startup, valued at $6.4 billion, received the in-principle approval from the Reserve Bank of India (RBI) for

Fintech CRED secures in-principle approval for payment aggregator license Read More »

Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation

Fintech /

Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive Capital, General Catalyst, Sands Capital,

Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation Read More »

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking

Fintech /

Business banking startup Mercury, founded in 2017, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its B2B practice. The expansion is a natural move for the company and one that has been in the works for a couple of years, according to Immad

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking Read More »