Fintech Set to Ride Out Tiger Global and SoftBank Mauling
SoftBank and Tiger Global, known for their open cheque books and gung-ho approach to fintech investing, have both lost billions of dollars as fintech startup
August 15, 2022
SoftBank Warns its Fintech Investments Will Be “more selective” Amid US $18 Billion Quarterly Loss
SoftBank, the massive Japanese multinational conglomerate holding company, warned that it is going to be much “more selective” when investing in the fintech industry. Past
August 8, 2022
DeFi Firm BloXroute Raises $70M Series B Led By SoftBank
BloXroute, a crypto platform that offers Defi trading tools, has raised $70 million in a Series B funding round led by SoftBank Vision Fund. BloXroute
April 22, 2022
Microsoft Dives into Web3 with Investment Start-Up ConsenSys
ConsenSys, a blockchain startup, recently raised $450M in funding led by ParaFi Capital, with additional participation from Microsoft, SoftBank, and Temasek. The funding doubles the
March 21, 2022
ElasticRun Turns Unicorn After $330M Funding from SoftBank, Prosus, Goldman Sachs
ElasticRun, a B2B eCommerce platform, recently closed a $330M funding round led by SoftBank Vision 2 and Goldman Sachs Asset Management. Additional investors in the
February 21, 2022
NVIDIA and SoftBank Terminate NVIDIA’s Acquisition of Arm Limited
NVIDIA and SoftBank recently terminated a previously announced definitive agreement whereby NVIDIA would acquire Arm from SBG. The agreement was terminated largely due to regulatory
February 14, 2022
SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees
DriveWealth, a start-up helping fintech firms offer stocks, is looking to expand into crypto trading after being valued at $2.85B. The company will be launching
February 14, 2022
Colombian E-Commerce Startup Tul Nabs $800 Million Valuation
Tul, an e-commerce platform specializing in construction materials, recently raised $181M in a funding round led by 8VC. Other investors in the equity funding round
January 17, 2022
Startup GlobalBees becomes latest India Unicorn After $110 Million funding led by Premji Invest
GlobalBees, a startup based in New Delhi, recently received $110M in a Series B funding round led by Premji Invest with participation from Steadview Capital,
January 3, 2022