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Financial

SBI turns Tide toward series B round

SBI Group joined existing investor Augmentum Fintech to co-lead a $54.3m series B round for digital business bank Tide at a reported valuation of nearly $250m.


Oct 8, 2019

Analysis: Median size of rounds continues to grow in 2019

Our analysis shows that venturing rounds at most stages have grown their median dollar size. Later-stage rounds have experienced a much more pronounced growth.

Oct 6, 2019

Vouch fills pouch with series A funding

SVB Financial Group co-led a $24.5m round for startup insurance provider Vouch Insurance that will help it pursue geographical expansion in the US.

Oct 4, 2019

Corporate venturing deal net: 30 September-4 October 2019

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

Oct 4, 2019

Sompo Japan Nipponkoa parks up in Akippa

The insurance provider helped parking space sharing platform Akippa take its overall funding from $22m in June last year to almost $33m.

Oct 4, 2019

Salesforce helps deposit $80m in nCino

Salesforce Ventures, a shareholder in nCino since 2015, has returned for an $80m round that brought the banking platform’s total funding to at least $218m.

Oct 3, 2019

Rhino charges to $18m series A

The BPM Units-backed instalment-based property deposit service secured $21m, with Lakestar and Kairos leading the round.

Oct 3, 2019

Atom Finance attacks series A round

Mail.ru participated in a $10.6m round that will fund the expansion of investment research provider Atom's engineering, growth, marketing and operational teams.

Oct 3, 2019

Rapyd speeds up with $100m series C

Stripe has returned for the digital payments technology provider's series C round, which valued it at nearly $1bn, with the proceeds to fund international growth.

Oct 2, 2019

Khatabook hooks $25m in series A funding

Tencent contributed to the first disclosed round for the finance management software provider following its participation in Sequoia India's Surge accelerator.

Oct 2, 2019

Eda carries himself to Marubeni

Newly formed corporate venturing unit Marubeni Ventures has hired Hiroki Eda, formerly of DG Incubation, as managing director.

Oct 2, 2019

Corporates find a home at iYell

The mortgage technology developer raised $15.3m in a round featuring Mitsubishi Estate, Sompo Japan Nipponkoa, West Holdings and Credit Saison.

Oct 2, 2019
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