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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

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Cloud banking startup Mambu has raised €110 million (nearly $135 million) in a new funding round aimed at financing the company’s global expansion. TCV's investments include Netflix, RELEX, Spotify and WorldRemit. . The deal raises the valuation of Mambu and its software banking platform to more than €1.7

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VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups

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Venture capital firm Greycroft , based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg , looking for "the next Bumble or Venmo.". The firm plans to invest $310 million in early-stage startups and $370 million in growth-stage startups, the report stated.

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Chinese Social Media Startup Seeks Funds At $6B Valuation

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Chinese eCommerce and social media startup Xiaohongshu , also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. It’s teamed up with a financial plan adviser to identify possible investors. RED closed a $300 million series D round in 2018 and had a valuation of $3 billion.

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Tencent Invests In Argentinian Mobile Banking Startup

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Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also invested in the mobile payment company. He did not reveal the amount of the investment, but said it would significantly raise the company’s valuation.

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On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 

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Fitness startup Peloton is hoping for an $8.2 billion valuation as it goes public, The Financial Times reported on Wednesday (Sept. billion valuation. billion valuation. The startup sells screen-equipped fitness bikes and treadmills ranging from $2,200 to $4,000 alongside its $40 per month on-demand workouts.

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Uber Aims For $90B IPO Valuation; PayPal To Invest $500M

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Uber , the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. It is also closer to the $76 billion valuation it had after its latest round of funding.

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FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B

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According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as $100 billion, Bloomberg said. If it got as high as $100 billion, it would make Stripe one of the most valuable venture-backed startups in the country, Bloomberg reported.

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