Tags Unicorn
Tag: unicorn
N26 has raised $900 million and is worth $9 billion
This way N26 became the second highest-valued bank in Germany, slightly ahead of Commerzbank.
Lunar raised €210m and reached unicorn status
The Danish challenger Lunar Bank has raised €210m in Series D funding and managed to reach unicorn status.
Starling Bank confirms £272m funding round led by Fidelity Investments
The UK challenger Starling Bank announced a £272 million Series D funding round led by Fidelity Management & Research Company.
TransferWise is preparing to hire bankers for 2021 IPO
The Fintech unicorn TransferWise has decided to ask investment banks to pitch in the new year for roles on an impending initial public offering (IPO), Sky News reported.
TranferWise is waiving fees on $20,000,000 in donations to COVID-19 research
The cross-border payments unicorn TransferWise announced partnership with charities and organisations who are seeking to find, and distribute, a vaccine for COVID-19.
N26 eyes funding at $3.5B valuation
N26 is considering a fresh fundraising round next year, as the challenger bank eyes a valuation above $3.5 billion, people familiar with the matter said to Bloomberg.
TransferWise reports 70% revenue growth and a 4th straight year of profitability
Annual revenue at TransferWise grew to £302.6 million, the company. These results show a net profit after tax of £21.3 million for fiscal year ending March 2020.
Klarna is looking to raise $500 million and double valuation to $10bn
The Swedish fintech unicorn Klarna asked investors for a new round of funding. This one would set the company's value to $10 billion.
TransferWise hits $5bn valuation
TransferWise early investors sold some of their stakes in a $319 million secondary deal. With that, the value of the company was estimated at $5bn.
Revolut raises $80m in new funding as it extends Series D round to $580m
The challenger bank Revolut just announced that it has raised $80 million as part of its Series D round that it announced in February. This new funding comes from TSG Consumer Partners.
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A Major Acquisition by Neobank N26 is Blown Off
The German neobank N26, which conducts business in Switzerland as well, was looking to buy something that would let its clients trade stocks and index funds.