Online lender LendUp nets investment from PayPal

San Francisco-based LendUp has received an undisclosed investment from digital payments giant PayPal.

Device security platform Armis hits $2bn valuation after fresh investment

Device security platform Armis has reached a $2bn valuation after a strategic investment from a group of backers. Brookfield Asset Management served as the lead...

Benhamou Global Ventures closes new fund on $40m

Benhamou Global Ventures, a Silicon Valley-based early-stage venture firm, has closed its opportunity fund at over $40m.

Quantitative Brokers nets $24m strategic investment

New York-headquartered Quantitative Brokers has netted a $24m strategic investment from Centana Growth Partners.

Billhop closes €4m Series A to support the next stage of its growth plan

Billhop, which simplifies the payment of invoices and bills, has reportedly netted €4m in its Series A investment.

Zestful scores $5m in its seed round led by Thrive Capital

Zestful, an employee benefits platform, has scored $5m in its seed funding round which was led by Thrive Capital.

UK-based Aire nabs $5m Series A led by Sunstone

UK-based Aire has reportedly raised $5m for its Series A funding round led by Sunstone Capital.

InsurTech startup KindHealth nets $4m in funding

Texas-based health insurance platform KindHealth has bagged $4m in its latest funding round, which help it continue its growth during 2021.

SME insurance platform Vouch Insurance collects $24.5m in Series A

Vouch Insurance, which offers cover for businesses, has collected $24.5m in its Series A round of funding.

Bread secures $126m equity and debt financing

New York-based Online payment solutions provider Bread has secured $126m of equity and debt financing.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

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