Ola to acquire fintech Avail Finance
Ola said on Thursday evening it has reached an agreement to acquire Avail Finance, a financial services startup that serves the blue-collar workforce, as the ride-hailing giant looks to expand…
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Flock Homes closes on $26M for landlords to exchange rentals for shares in a portfolio of homes
Historically, only institutions have been able to be part of REITs (real estate investment trust), which are made up of companies that own or finance income-producing real estate across a…
Read More »Korean startup Dongnae secures $21M Series A to scale apartment rental service
Dongnae, a South Korea-based startup that helps tenants find premium apartment rentals, has closed $16.4 million (20 billion KRW) in equity and $4.1 million (5 billion KRW) in debt. The…
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Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year
Less than seven months after closing on a $57 million Series B, fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1…
Read More »SME lending platform Validus acquires Citi Singapore’s CitiBusiness loan portfolio
Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its…
Read More »Tala founder on the fintech’s fundraising success and creating an equitable financial system
Found Live is back again with Shivani Siroya, CEO and founder of Tala, a fintech company that works with underestimated communities to build a financial system that works for everyone….
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Ramp confirms new $8.1B valuation after ‘a nearly 10x’ YoY increase in revenue
Corporate management startup Ramp confirmed that it has secured $550 million in debt and $200 million in equity in a new financing that doubles its valuation to $8.1 billion. In…
Read More »Block backs Japanese fintech startup Kyash in $41.2M round
Kyash, a Tokyo-based mobile financial app, has raised $41.2 million (4.9 billion JPY) in Series D funding. The round comes from a number of investors, including Japan Post Investment Corporation,…
Read More »Paytm says payments bank did not share data with Chinese firms
Paytm says a report claiming its Payments Bank’s data was leaked to Chinese firms is “completely false and sensationalizing,” as the India fintech giant rushed to provide clarification to allay…
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Fintech Roundup: Due diligence makes a comeback and a former Better.com employee speaks out
Welcome to my new weekly fintech focused column. I have been publishing this every Sunday but on March 27, this column turns into a newsletter! So, if you want to…
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