Tag: Unicorn
Cloud cybersecurity provider Wiz joins decacorn club
Cloud cybersecurity provider Wiz has joined the decacorn club after a $400m funding round brings its valuation to $10bn.
Liquidity Group joins unicorn club after $40m investment
Israel-headquartered Liquidity Group has reportedly joined the unicorn club after a $40m funding round brings its valuation to $1.4bn.
FinTech unicorns go extinct in January 2023 signalling the end of...
The FinTech sector saw no new unicorns in January 2023 indicating a drop in VC valuations. Overall unicorn announcements have also hit a low...
Full-service 401(k) unicorn Human Interest sparks BlackRock interest
FinTech unicorn Human Interest, which provides a full-service 401(k), has received a minority investment from investment major BlackRock.
FNZ acquires private banking technology firm New Access
Global wealth management platform FNZ has acquired specialised private banking technology firm New Access.
Nearly half a trillion dollars wiped off FinTech valuations according to...
Almost half a trillion dollars has been wiped from the valuation of FinTech companies, according to a report from the Financial Times.
Stori becomes the latest FinTech unicorn in Mexico
Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.
FPL Technologies becomes India’s newest FinTech unicorn
FPL Technologies, which offers a metal credit card under the OneCard brand, has reportedly become India newest unicorn.
German InsurTech wefox hits $4.5bn valuation after Series D close
Berlin-based InsurTech company wefox has closed its Series D funding round on $400m, bringing its valuation to $4.5bn.
Klarna blames worst market in 50 years for 85% drop in...
Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.