Zolve, a neobank that helps provide financial access to high-skilled and high-spending global citizens moving to the U.S., has raised $251 million in a new (equity and debt mix) funding round as the startup aims to expand its presence and enter new geographies. Every year, millions of highly skilled people move to countries like the […]
BlackRock, an investor in Byju’s, estimates that its stake of Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimations, disclosed in an SEC filing, makes Byju’s one of the most spectacular startup slides in recent memory. BlackRock’s disclosure for the period ending March this year follows a
BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero Read More »
In a research note, HSBC estimates that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing. The write-down in its estimation makes Byju’s one of the most spectacular startup slides in recent memory. It follows a very rough year for the Bengaluru-based startup, which was India’s most valuable not long
HSBC believes that $22 billion Byju’s is now worth zero Read More »
A few years ago, you couldn’t go to a fintech meetup without ending up in a conversation about embedded finance. In 2020, we even wrote that embedded finance might represent fintech’s future. The distribution strategy lets fintech companies integrate their services into other products and services, which in turn gives users access to new features
