Tags Tencent

Tag: Tencent

Qonto valued at $5bn following Series D

French challenger bank Qonto has landed $552m in Series D funding, propelling it to a $5bn valuation, a report by Finextra has revealed.

Udaan lands funding amid India’s ‘FinTech revolution’

Indian commerce startup Udaan, has raised $200m via convertible note financing and an additional $50m as debt in a funding round in which new and existing investors participated, a report by TechCrunch has revealed.

Chinese tech giant Tencent joins Monzo backers

Chinese tech company Tencent has taken a small stake in online bank Monzo, as part of a $100m top-up following its recent $500m funding round led by Abu Dhabi Growth Fund, a report from Sky News has revealed.

Digital bank Tyme extends Series B to $180m

Tyme, a digital banking group aimed at emerging markets, has closed its Series B funding round on $180m

FinTech “superapp” Lydia reaches unicorn status

France-based Lydia, which stylises itself as a “financial services super-app, has joined the growing list of FinTech unicorns, after a $100m investment brings its valuation to over $1bn.

Enfuce nabs €45m for its cloud-based card issuing platform

Enfuce, a European card-as-a-service (CaaS) platform, has scored €45m in its Series C funding round

China’s exchange regulator fines Tenpay for misconduct allegation

China’s State Administration of Foreign Exchange has reportedly fined Tenpay, which is owned by Tencent Holding, for foreign exchange rules violations.

Kevin Durant and Andre Igoudala are among the stars to back...

Expense management platform Jeeves has reached a valuation of $500m, after it closed its star-studded Series B round on $57m.

Cora closes sizeable Series B hot off the heels of previous...

Brazil-based Cora, which provides entrepreneurs and business owners with banking services, has secured $116m in its Series B round.

Ualá raises the largest private investment of any Argentina-based company

Argentina-based money management app Ualá has reached a $2.4bn valuation after the close of a $350m Series D investment.

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