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Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B

Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B

by sibi1 | Mar 24, 2021 | Uncategorized

Airwallex, the fintech company for cross-border businesses, announced today it has added $100 million more to its Series D round, bumping its valuation up to $2.6 billion. The extension was led by Greenoaks, with participation from Grok Ventures and returning...
Insuretech startup Counterpart raises $10M in funding round led by Valor Equity Partners

Insuretech startup Counterpart raises $10M in funding round led by Valor Equity Partners

by sibi1 | Mar 23, 2021 | Uncategorized

Insuretech startup Counterpart, has raised $10 million in funding led by Valor Equity Partners. Also participating was Susa Ventures and Felicis Ventures. Counterpart works in the ‘management liability’ insurance market. Counterpart will also partner with Markel...
Jumio raises $150M as its all-in-one ID authentication platform crosses 300M verified identities

Jumio raises $150M as its all-in-one ID authentication platform crosses 300M verified identities

by sibi1 | Mar 23, 2021 | Uncategorized

Digital identity services — used as a key link between organizations to verify that you are who you say you are online and individuals logging into those services — have come into their own in this past year. Now, one of the companies providing digital identity...
Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia

Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia

by sibi1 | Mar 23, 2021 | Uncategorized

According to the World Bank, more than one billion people in South and East Asia lack access to a bank account. For many, this makes it is difficult to secure loans and other services because they don’t have traditional financial records like a credit score. Jeff’s...
Afriex raises $1.2M seed to scale its payments and remittances platform across Africa

Afriex raises $1.2M seed to scale its payments and remittances platform across Africa

by sibi1 | Mar 23, 2021 | Uncategorized

Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account.  Crypto...
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