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Financial

Bhashyam bids adieu to Citi Ventures

Shriram Bhashyam has exited his entrepreneur-in-residence role at Citi Ventures for a senior-vice president position at commodities and securities brokerage Forge Global.


Dec 8, 2020

Snowball gathers $120m from Orchid Asia

The private equity firm has supplied series E funding for the financial data provider, adding to earlier cash from investors including Renren and Ant Group.

Dec 7, 2020

Affirm to purchase Paybright for $264m

GoEasy is set to exit the instalment finance service in an acquisition by one of its peers, Affirm, having provided $25.5m in funding last year.

Dec 7, 2020

Campfire warms up with new funding

Base and Marui Group were among the investors in the crowdfunding service's $28.8m series E round which, together with its series D, totalled $34.6m.

Dec 7, 2020

Analysis: Salesforce acquires Slack in $27.7bn deal

Cloud-based enterprise software producer Salesforce agreed to acquire Slack, the US-based publicly listed communication platform which previously counted telecoms firm SoftBank, internet conglomerate Alphabet and media group Comcast among its backers.

Dec 7, 2020

Corporate venturing deal net: 30 November-4 December 2020

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Dec 4, 2020

Imvelo invites fintech startups to accelerator

The Capitec Bank-backed venture firm has formed an early-stage initiative for fintech developers that combine monetisation with social impact.

Dec 4, 2020

Amount amasses $81m in series C round

Avant's digital banking software spinoff raised the money in a series C round led by Goldman Sachs Growth at a $600m pre-money valuation.

Dec 4, 2020

Step ups funding with $50m

Stripe returned as the junior financial services provider, which is also backed by Sesame Workshop, increased its overall funding to more than $76m.

Dec 4, 2020

DIP scouts entrepreneurs for 15th AI.Accelerator

The headhunter’s startup initiative has announced a new batch of AI technology startups jointly with a call for proposals for its 16th programme.

Dec 3, 2020

1inch measures out $12m

The cryptocurrency exchange aggregator has closed its second round of the year, which included Gumi Cryptos, raising its total funding to $14.8m.

Dec 3, 2020

Monzo magnifies series G to $167m

The challenger bank’s Vanderbilt University-backed series G has been boosted by new funding at the same $1.57bn valuation.

Dec 3, 2020
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