PYMNTS

SEPTEMBER 18, 2020

billion valuation, CNBC reported. Chime’s funding comes on the heels of free-trading app Robinhood’s fundraise in August at a valuation of $11.2 The index measures startups with a value in excess of half a billion that are venture capital-backed. The company is geared toward U.S. However, the timeline is not set in stone.

Valuation 105

Valuation Banking Startups Investments 105

Global Finance

OCTOBER 9, 2024

Benjamin Fernandes’ goal for the fintech startup he launched in 2018, NALA, was to speed up money transfers within his native Tanzania. In July, despite a depressed fintech market, NALA’s 100-person startup raised $40 million (with a valuation of more than $200 million).

Startups 95

Startups Valuation Education Finance 95

PYMNTS

JANUARY 30, 2019

Stripe, the San Francisco digital payments startup, has landed a $100 million investment from Tiger Global Management, boosting its valuation above $20 billion. According to a report in CNBC , citing The Information, with the $100 million investment by Tiger Global Management , Stripe now has a valuation of $22.5

Valuation 82

Valuation Startups Leverage Investments 82

PYMNTS

JUNE 29, 2020

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Xingsheng Youxuan recently filed paperwork to go public in 2020, investment research firm EqualOcean reported.

Startups 109

Startups Valuation Investments eCommerce 109

PYMNTS

JUNE 16, 2020

bank Monzo , fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation that is 40 percent lower than its valuation last year. billion valuation a year ago, as reported by PYMNTS , while talks were in progress. Online U.K. billion, down from its $2.5

Valuation 94

Valuation Startups Banking Numbers 94

CFO News

JULY 19, 2024

How is the Angel Tax affecting India's startup ecosystem? Further, how does it impact investment decisions, market valuations, ease of doing business, and foreign investment?

Valuation 75

Valuation Marketing Startups Budgeting 75

PYMNTS

JANUARY 7, 2021

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

Valuation 102

Valuation Investments Nonprofit Banking 102

PYMNTS

JANUARY 11, 2021

The Silicon Valley startup is planning to offer 24.6 At $44 per share price, Affirm would have a valuation in excess of $10 billion, Reuters reported. The startup had originally said it would go public before the end of 2020 but postponed plans. billion, according to a Monday (Jan. 30 was up substantially year over year.

Valuation 96

Valuation Startups eCommerce Planning 96

PYMNTS

NOVEMBER 24, 2020

Record sales following a massive staff reduction prompted point-of-sale (POS) restaurant technology (ResTech) startup Toast to hold a share purchase offering on an $8 billion valuation. The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 billion valuation. .

Startups 92

Startups Valuation Sales Planning 92

PYMNTS

JANUARY 28, 2019

China’s startup market had a good year in 2018, with close to 100 technology companies garnering a valuation of more than $1 billion. According to the report, Hurun, which also produces the annual rich list for China, found there are 186 Chinese tech startups that have valuations of more than $1 billion.

Startups 79

Startups Valuation Education Investments 79

PYMNTS

JULY 24, 2020

London startup mobile bank Revolut Ltd. billion valuation as part of its Series D round that kicked off five months ago. The new funding is an extension of that round to $580 million while the valuation remains the same, the company said. has secured $80 million in new funding at a $5.5

Startups 102

Startups Foreign Exchange Valuation Invoicing 102

PYMNTS

SEPTEMBER 26, 2018

Stripe, the payments startup, has raised $245 million in a new round of venture funding, giving the company a valuation of $20 billion. Stripe’s latest fundraising also underscores the strong environment for startups to raise money and garner huge valuations.

Valuation 73

Valuation Startups Economics Investments 73

PYMNTS

JANUARY 10, 2019

startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 Some GPs and LPs have already expressed concern that excess capital has led to inflated round sizes and valuations. startups last year, the deal sizes across the entire VC spectrum were larger. percent year-over-year.

Startups 77

Startups Valuation Investments Economics 77

PYMNTS

JANUARY 29, 2019

Investing and savings startup Acorns has announced a Series E funding round to bring its valuation to $860 million. As a result of this latest investment, Acorns is one step closer to reaching unicorn status, with its valuation now three times higher than it was after its last funding round in 2016. million users.

Valuation 70

Valuation Education Investments Startups 70

PYMNTS

MAY 12, 2019

The IPO of the office space startup that is trying to change the way office space is rented and leased is being closely followed given the response so far to highly-valued IPOs. Lyft is down double digits since its debut in late March and Uber ended its first trading session down more than 7 percent.

Valuation 67

Valuation Startups Marketing 67

PYMNTS

JANUARY 20, 2019

Lime and Bird , the two electric scooter startups that raised hundreds of millions of dollars in funding in 2018, are aiming to raise more but at a lower valuation. That is under the $3 billion or higher valuations they were fetching in years past. But with the lower valuations, it appears that business is starting to fray.

Valuation 62

Valuation Startups Numbers Investments 62

CFO News

MAY 12, 2023

Oyo and PineLabs lose more than 50% valuation, followed by Byju's, which has lost about 48% in total. Many other startups continue to be markdown, here's a list.

Valuation 52

Valuation Startups 52

PYMNTS

DECEMBER 9, 2020

SoftBank-backed DoorDash priced its initial public offering (IPO) shares at $102 each on a valuation of $32.4 The new valuation makes the Silicon Valley startup the biggest individual public food delivery firm in the United States. Earlier in 2020, DoorDash had a private valuation topping $15 billion, up from $1.4

Valuation 77

Valuation Profit and Loss Startups Securities 77

PYMNTS

SEPTEMBER 24, 2018

Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal ( WSJ ) reported Friday (Sept. Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1 billion.

Startups 70

Startups Valuation Investments CFO 70

PYMNTS

NOVEMBER 14, 2018

Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. billion valuation, the publication said. billion valuation, the publication said. Last month, it was revealed that Instacart raised $600 million, giving it a valuation of $7.6 billion.

Valuation 62

Valuation Startups Retail Investments 62

PYMNTS

JUNE 11, 2019

Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 The funding comes a few months after Brex raised $125 million, giving it a valuation of $1.1 Brex extends credit to startups based on the amount of money in their corporate bank accounts.

Valuation 65

Valuation Startups eCommerce Investments 65

PYMNTS

DECEMBER 11, 2020

A new funding round for the Stockholm-based FinTech Tink boosted the startup’s valuation over 60 percent to €680 million ($825 million), according to a CNBC report on Friday (Dec. The firm’s valuation is up more than 60 percent from the €415 million it was worth in January, the sources said. 11), citing sources.

Startups 86

Startups Valuation Banking Investments 86

PYMNTS

OCTOBER 28, 2018

ByteDance , the Chinese media company, closed a $3 billion funding round led by SoftBank , making it the largest privately backed startup in the world. and General Atlantic , gives it a valuation of $75 billion, surpassing Uber to become the most valuable unicorn startup.

Valuation 67

Valuation Startups 67

PYMNTS

JULY 23, 2019

The Series D funding round tips Bird’s valuation above the $2.3 billion where it was pegged last year, double the startup’s previous valuation, three people with knowledge of the deal told reporters on Monday (July 22). The startup grew fast, bringing fleets of scooters to cities around the globe.

Valuation 58

Valuation Startups Manufacturing Economics 58

PYMNTS

JANUARY 6, 2021

Electric truck startup Rivian Automotive , which is backed by Amazon , is near to a new funding round which would value it at $25 billion, Bloomberg reports. That funding isn't final, though, and might change. Rowe Price Group Inc. BlackRock Inc.

Valuation 102

Valuation Startups Investments Marketing 102

PYMNTS

MARCH 27, 2019

Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. The startup has a partnership with Google through its Voice Assistant and Wear operating system.

Startups 60

Startups Valuation Manufacturing Securities 60

PYMNTS

MARCH 23, 2020

Used car sales startup Cazoo has raised another 100 million pounds ($116 million), which it wants to use to continue buttressing its business, according to a report by TechCrunch. In September of last year, Cazoo’s valuation was around $220 million. That brings the total raised by Cazoo up to 180 million pounds ($209.8

Valuation 52

Valuation Startups Sales Finance 52

PYMNTS

JULY 27, 2020

Online health startup Ro is valued at $1.5 billion after a new funding round, furthering its business of offering customers digital medical advice, CNBC reported.

Startups 60

Startups Valuation Profit and Loss Healthcare 60

CFO Share

OCTOBER 6, 2023

For the passionate startup founders and dedicated SMB CEOs, knowing the true value of your business isn’t just about numbers; it’s about the heart and soul you’ve poured into your venture. As we journey through this article, we’ll illuminate the core factors that breathe life into the valuation of your business.

Valuation 52

Valuation Financial Analysis Startups Benchmarking 52

PYMNTS

SEPTEMBER 18, 2020

Next Insurance , the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 If successful, it would double Next Insurance’s valuation from its last fundraising. billion, sources told Bloomberg. and Redpoint Ventures.

Valuation 70

Valuation Securities Startups Marketing 70

PYMNTS

SEPTEMBER 15, 2020

Airtable , a spreadsheet startup, ended a funding round with a new valuation of $2.5 We’ve been absolutely uninterested in acquisitions,” he said, according to Bloomberg, adding he is confident that there is "easily a $100 billion" valuation the company could reach. billion, according to Bloomberg.

Valuation 65

Valuation Benchmarking Communication Startups 65

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. So far, Accolade has raised over $230 million with a valuation of roughly $620 million, according to PitchBook.

Valuation 66

Valuation Startups Transportation Securities 66

The CFO College

AUGUST 31, 2021

Startups tend to operate on shaky ground. 90% of startups will fail - period. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. The key is understanding a startup's challenges and providing solutions to facilitate company growth. startups need you. The truth is.

Startups 81

Startups Accounting General Ledger Forecasting 81

PYMNTS

JANUARY 15, 2021

Poshmark saw its valuation more than double following its Nasdaq debut, with shares closing at $101.50, the Wall Street Journal (WSJ) reported on Thursday (Jan. Poshmark’s valuation is now over $3 billion, up from $1.25 Poshmark joins a slew of digital startups filing IPOs as the coronavirus pandemic continues to fuel eCommerce sales.

Valuation 60

Valuation Startups eCommerce Sales 60

PYMNTS

JANUARY 4, 2019

Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Startups in the country were a part of 924 rounds of funding and received $10.5 In 2017, Indian startups got $10.4

Startups 65

Startups Valuation Investments Securities 65

PYMNTS

NOVEMBER 19, 2020

Silicon Valley buy now pay later (BNPL) payments startup Affirm filed an initial public offering (IPO) for a Nasdaq listing, Affirm said in a statement on Thursday (Nov. When Affirm filed a draft IPO , its estimated valuation was about 10 billion. According to the U.S. It was valued at $2.9 billion in April 2019.

Startups 73

Startups Valuation Securities Technology 73

PYMNTS

SEPTEMBER 13, 2020

Opendoor , a San Francisco-based startup that offers a one-stop-shop for buying and selling real estate, is negotiating to go public with a California blank-check company, Bloomberg reported. Last year, Opendoor raised $300 million, giving it a valuation of $3.8 II, according to Bloomberg sources.

Startups 79

Startups Advertising Valuation Sales 79