Category: Financial Services

myfisensemyfisenseSeptember 17, 2021
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3min00
San Francisco-based early-stage venture investor 500 Startups has reached the final close of its global flagship fund at $140 million, its largest to date, according to an announcement. The 11-year-old venture capital firm also rebranded as 500 Global, with assets under management of $18 billion, expanding its investment strategy beyond the accelerator and seed stage. […]

myfisensemyfisenseSeptember 17, 2021
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3min00
XTransfer, a Chinese cross-border financial and risk management services provider, has reached unicorn valuation after raising $138 million in a Series D round to fund its global ambitions starting from Southeast Asia. The latest round was led by Dan Sundheim’s hedge fund D1 Capital Partners with participation from the firm’s existing shareholders, according to a […]

myfisensemyfisenseSeptember 16, 2021
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3min00
Pine Labs said on Thursday it has raised an additional $100 million, just weeks after securing $600 million in a financing round, as the Asian merchant commerce platform begins to explore the public markets. The U.S.-based investment management company Invesco Developing Markets Fund made the $100 million investment, the startup said in a statement. Pine Labs, […]

myfisensemyfisenseSeptember 15, 2021
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2min00
San Francisco-based Sendoso, a platform that makes it easy for companies to send gifts to clients or employees, said on Tuesday it raised $100 million in a round led by SoftBank Group’s Vision Fund 2. “We take care of all the merchandise order. We have warehouses around the world that store that merchandise, and we […]

myfisensemyfisenseSeptember 15, 2021
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4min00
SoftBank Group Corp‘s Vision Fund has led a $200-million Series D funding round for Shanghai-based Keenon Robotics, as one of the biggest venture rounds in a Chinese commercial service robots developer, said the investee on Wednesday. CICC Alpha, a direct investment platform of investment bank China International Capital Corporation Limited (CICC); and Prosperity7 Ventures, the […]

myfisensemyfisenseSeptember 15, 2021
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4min00
(Bloomberg) — Wall Street executives and top Chinese regulators plan to hold a virtual meeting to discuss topics including Beijing’s market-roiling crackdown on the private sector and U.S.-China relations. The meeting on Thursday marks a resumption of the China-U.S. Financial Roundtable that was first convened in September 2018, according to two people familiar with the […]

myfisensemyfisenseSeptember 14, 2021
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3min00
Jakarta-based wealth-tech startup Pluang has raised an additional $35 million led by Australian venture capital Square Peg to close its latest funding round at a total of $55 million, according to a statement on Monday. US-based investment firm SIG, UOB Venture Management, and existing investors, including Gojek’s investment arm Go-Ventures and Openspace Ventures, also participated […]

myfisensemyfisenseSeptember 14, 2021
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5min00
SoftBank Group Corp. is doubling down on its commitment to Latin America. Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the new fund with an initial $3 billion commitment. “Fund II […]

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