U.S. financial technology company Current has secured $220 million in a financing round led by Andreessen Horowitz, a venture capital company. With this round of funding, the valuation of the fintech startup has increased to $2.2 billion. The company informed in a statement that it aimed to utilize the fresh funds raised to augment its…
Tag: Digital Bank
Tonik raises $21 mn Series A funding led by Sequoia India and Point72
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•Tonik Financial Pte Ltd, the first digital-only neobank in the Philippines, announced that it closed a $21 million round of Series A equity funding. The round was led by blue-chip VC investors Sequoia India and Point72 Ventures, with a significant participation from previous VC investors Insignia and Credence. tonik said it will use the funding…