Modern Treasury passes $2bn valuation following Altimeter-led Series C
Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.
Drake-backed FinTech Aspiration set for IPO through SPAC merger
Sustainable FinTech platform Aspiration is set to go public through a $2.3bn merger with special purpose acquisition company InterPrivate III Financial Partners.
Chinese consortium launches $1.5bn FinTech M&A fund
A Chinese consortium of state-owned and private enterprises is launching a $1.44bn fintech investment fund dedicate to mergers and acquisitions in the space.
MassMutual launches $100m fund to invest in diverse startups
Massachusetts Mutual Life Insurance Company (MassMutual) has launched a second MM Catalyst Fund (MMCF) of $100m to invest in diverse startups and overlooked businesses across Massachusetts.
Veteran fintech VC investor TTV Capital seals $127m Fund V final close
Veteran fintech-focused investment house TTV Capital has struck a $127m final close for its fifth fundraise.
South Korean financial “super app” Toss valued at $7.4bn in latest funding
Viva Republica, the Seoul-based FinTech company operating mobile financial app Toss raised $410m in fresh funding, which values the company at $7.4bn.
Aussie FinTech Zeller becomes unicorn following $100m Series B
Australian financial and payments solution Zeller has closed a Series B on $100m, driving its valuation above $1bn.
Blockchain firm nealthy secures $1.3m pre-seed and sets up base in Dubai
nealthy, a startup that seeks to democratise investment in Web3 tech via indices, has made a strategic move to Dubai and bagged $1.3m.
East Ventures destroys target for sixth fund with $75m final close
A heavily oversubscribed fundraise has seen Southeast Asian venture capital firm East Ventures reach more than double its initial target for the final close of its sixth fund.
Level raises $27m from Khosla, Lightspeed to boost claims and insurance for employees
FinTech startup Level has hauled in $27m in a Series A funding round led by Khosla Ventures and Lightspeed Venture Partners.