has reached Unicorn status! The leading Indian neobank raised a $50M Series D
from IIFL, Tiger, Temasek and 3one4 at $1B valuation, making it the 100th unicorn to come out of India. Its valuation has doubled compared to six months ago and the funds will be used to launch new features, including revenue-based financing and an early credit offering.
, our revenue-based financing, Irish Unicorn, raises $300M in debt financing
from J.P.Morgan to provide e-commerce firms with non-dilutive working capital. The raise is expected to fund their rapid growth, just months after their Series B
funding round where they gained the coveted Unicorn status in which J.P.Morgan also participated.
, the Nigerian mobility-financing application, raised a $105M Series A2
in debt and equity co-led by us and Left Lane Capital. Coming months after their Series A
, the funds will help expand their product line and move into the global marketplace.
, our French insurance robo broker for freelancers and SMEs, raised a €90M Series C
led by KKR and acquired three European companies to grow its insurtech offering. The funding and acquisitions will expand its footprint in France, Germany and Italy. Read the blog post
about our initial investment back in 2020.
, a provider of account-to-account payments raised a $65M Series B
led by Accel. Based in Vilnius, Lithuania, they will use the funding to continue building out their technology and grow their European footprint, which will help them challenge the dominance of card payments. Read more about the $10M Seed round from just half a year ago on our blog
, Spain’s largest Neo-Bank, raised an additional $10M
from the successful public sale of its B3X tokens
and investment from Borderless.
, our Paris-based platform that allows everybody to track and manage their wealth online, raised a €8M Series A
from us, Y Combinator and Qonto
founders. The proceeds, accompanied by a record-breaking crowd-fund of €2.1M within 21 minutes
, will be used to build a private bank and further develop the product. Read about the rationale for our original investment in our blog post
from last year.