Tagged: tcv

Indian Fintech Razorpay Secures $375M via Series F Round at $7.5B Valuation

The month of December is always an “exciting month” for Razorpay, the company wrote in a blog post dated December 20, 2021. Razorpay added that it has celebrated its 7th year since launch. The firm reveals that what started off as an idea between Shashank… Read More

London based Zepz, Previously WorldRemit, a Cross-Border Payments Fintech, Secures $292M at $5B Valuation

Zepz, previously dba WorldRemit, a digital cross-border payments platform operating two brands (WorldRemit and Sendwave, acquired in 2021), with 11 million+ users across 150 countries, has secured $292 million “in new primary financing, achieving a valuation of $5 billion,” according to a release. The latest… Read More

Digital Banking Unicorn Revolut Is Reportedly Planning New Round of Funding, Could Value Fintech at Over $10B

The founder of digital banking challenger Revolut is reportedly planning a new round of funding that could value the Fintech at over £7.2 billion (appr. $10 billion). Sky News reports that the digital bank may be looking to work with  FT Partners, the US-headquartered Fintech-focused… Read More

Fintech Unicorn Mambu, a Banking as a Service Firm, Raises Solid €110 million Funding Round

Mambu, a Fintech that offers a Banking as a Service platform, has raised a significant €110 million ($134 million) funding round led by TCV a venture firm that has invested more than $2.5 billion in Fintech. John Doran, TCV General Partner, will join the Mambu… Read More

Spotify, Netflix, Revolut Investor TCV Leads €90 Million Round for Mollie, a European Payment Processing Firm

Mollie, a European payment processing company, has secured €90 million in capital through a Series B investment round which was led by TCV, a prominent investor that has also participated in rounds conducted by Spotify, Revolut, Netflix, and Nubank, one of the largest digital banks… Read More

Digital Bank Revolut Raises $500 Million at $5.5 Billion Valuation

Leading UK based digital bank Revolut has closed on a $500 million series D funding according to a note from the company. The Fintech was valued at $5.5 billion making it one of the most valued private Fintechs in the world. Funding was led by… Read More

Little Rhody Update: WorldRemit Broadens Overseas Fintech Network

WorldRemit, a global digital remittances service platform based in the UK, today announced that Rhode Island residents can now securely send money overseas via its mobile app.  WorldRemit touts availability in US, DC and Puerto Rico. WorldRemit has targeted its service for immigrants in the U.S., allowing them to send money instantly… Read More

Payoneer Secures $180M During Financing Round Led By TCV

On Wednesday, digital payments company Payoneer announced it raised $180 million during a financing round led by TCV with participation from existing investor, Susquehanna Growth Equity. According to Payoneer, TCV committed to purchase shares from existing shareholders, pending regulatory approval and other customary closing conditions with… Read More

GoFundMe Valuation Reportedly Soars to $600-$650M During Latest Funding Round

Following the announcement of its latest funding round, sources at TechCrunch revealed that the crowdfunding platform GoFundMe’s value is now at around the range of $600 to $650 million. As previously reported, GoFundMe confirmed that it has received some high-profile attention during its round: “Our mission at GoFundMe is to change… Read More

Brief: GoFundMe Announces Investment Offers from Venture Capital & Growth Equity Firms

On Thursday, crowdfunding platform GoFundMe confirmed that it has received some high-profile attention during its recent funding round. The website revealed: “Our mission at GoFundMe is to change the way the world gives. We’ve been thinking about how to best serve as many people as… Read More

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