San Francisco-based financial technology company Taulia recently announced that it has secured a new strategic investment of $60mn in a new funding round. The funding round was led by the Ping An Global Voyager Fund with additional participation from J.P. Morgan, Prosperity7 Ventures and existing investors including Zouk Capital. “The funding will help accelerate growth…
Tag: FinTech Strategic Investments
Fintech company TerraPay raises $9.6mn from IFC as Mahindra disinvests
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•Fintech company TerraPay recently announced that it has raised $9.6mn from Prime Ventures (VC), IFC – International Finance Corporation, and Partech. The fresh funding follows the disinvestment from Comviva Technologies Ltd, a subsidiary of Tech Mahindra Ltd from the company. Ambar Sur, Founder, and CEO at TerraPay, said in a statement that the company will…
Rupeek raises $30mn Binny Bansal and GGV Capital
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•Bengaluru-based online money lending startup Rupeek, recently announced that it has raised $60mn in funding across two rounds from investors including Flipkart co-founder Binny Bansal and GGV Capital. Other investors like Tanglin Venture Partners and KB Investments also participated in the funding. Existing investors Sequoia Capital and Accel were also present during the funding rounds.…
BharatPe raises $75mn from Coatue, Ribbit
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•Fintech startupBharatPe recently announced that it has raised $75mn in Series C funding round led by hedge fund Coatue Management and Palo Alto-based fintech investor Ribbit Capital. The latest funding rose BharatPe’s valuation to $425mn. Existing investor Steadview Capital and Insight Partners also participated in the funding round along with new investor Amplo, a US-based…
SteelEye raises $10 mn to boost international expansion
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•SteelEye, the compliance technology and data analytics firm, has raised $10 mn in Series A funding in a round led by the FinTech Strategic Investments team at Eight Roads, the proprietary investment firm backed by Fidelity, alongside existing investor Illuminate Financial. This takes the total amount raised by SteelEye to $20 mn to date. SteelEye…