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Sunday, June 16, 2024
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Tag: venture

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.

Robinhood raises another $320 M and achieves an $8.6 B valuation

Robinhood has managed to top up its Series F funding round with an extra $320 million, which brings its value to $8.6 billion.

Penta raised €4 M from new investors

Berlin-based neobank Penta has raised an additional €4m from new investors and topped up its €18.5m Series B funding round from March this year.

Checkout.com closes $150m Series B round as it triples its valuation to $5.5bn

London-based payments startup Checkout.com has tripled its market valuation to $5.5 billion after banking a $150m Series B funding round and has remained profitable in the eight years since its foundation in 2012.

Monzo’s valuation drops by 40% to £1.25B as it sealed a £60M funding round

Monzo bank is a key market player in the U.K. with more than 4 million customers, now it has confirmed it has closed £60 million in top-up funding. But the paper value of the challenger bank now dropped from £2.0 billion to £1.25 billion.

Starling Bank raises £40 million from existing investors

Starling Bank is a UK-based challenger bank founded by Anne Boden and it has just raised another £40 million in the latest funding round from its existing investors.

Monzo valuation drops by 40% as it seeks funding

Monzo bank seeks a new round of funding that would value the business at £1.25bn. That would mean a 40% drop from its most recent valuation of £2bn last year.

Bunq is considering a US expansion and could have its first funding round ever

Bunq has become one of Europe’s leading challenger banks without raising a single cent.

Alpian is REYL’s digital neobank from Switzerland and it raised $12.5M

Alpian, a Swiss neobank launched by REYL, announced that it has secured CHF 12.2 million (around $12.5) in a Series A funding round.

N26 raises another $100M in extended Series D

N26 extended its Series D funding round to $570M, the company is now valued at $3.5B.
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