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Robinhood Nets $280 Million On A $8.3B Valuation

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The FinTech startup, which works to help millennials get into equities, crypto trading and other options, has benefited from the quarantine’s effects as people stay at home and have time to explore new finance options. FinTech startups like Robinhood have been popular lately, attracting numerous new backers.

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Financial Services Platform SoFi Plans IPO Via SPAC

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Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. Social Capital Hedosophia is one of three special-purpose acquisition companies (SPACs) on the lookout for investment opportunities. The deal would give SoFi a post-money valuation in excess of $8.65

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Robotics Process Automation Rakes In The VC Cash

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RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. The investment now values Automation Anywhere at $2.6 million raised, U.K.-based

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US B2B Startups Blow Their International Competition Out Of The Water

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are shying away from alternative lending startups due to the recent controversy within the space, but investors across the pond aren’t hesitating to finance the industry. New investment rounds reached from Australia to the U.K. New investment rounds reached from Australia to the U.K. million in equity investment.

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A $200M MĂ©lange Of B2B Venture Capital

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B2B startups saw a little bit of everything this week when it came to venture capital. From pre-Series A funding to late-stage investment rounds, ranging from a modest $1 million to the week’s high point of $88 million, backers showed their versatility. In all, nearly $200 million went to B2B startups this week.

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Is B2B FinTech Heating Up At The Wrong Time?

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The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. investments last year.

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Namely Nabs Top Dollar As Payroll Needs Evolve

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Incoming regulatory changes, including with the Affordable Care Act, are some of the largest HR-related concerns businesses have today, so Namely added it will also look to focus on aiding cash management and visibility efforts for its clients facing a financial burden from such regulations. trillion valuation by 2020, reports said.

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