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Fintech Neo secures USD 185 mln funding, turns unicorn

News | Online & Mobile Banking | 06 May 2022

Canada’s Neo Financial Technologies has secured a USD 185 million funding round, propelling it to a valuation of more than USD 1 billion, as it plans expansion into mortgages, according to Bloomberg.


fintech, Unicorn, wealth management, expansion, mobile banking

Neobank Open reaches USD 1 bln evaluation

News | Online & Mobile Banking | 02 May 2022

Google-backed neobank Open has reached the Unicorn status, making it the 100th Indian company to reach the USD 1 billion benchmark, through its latest funding round.

neobanks, SMEs, SME lending, Unicorn, funding, crowdfunding, product upgrade, product launch, startup, fintech

unico becomes Brazil's newest unicorn

News | Digital Identity, Security & Online Fraud | 14 Apr 2022

unico, a Brazil-based startup that develops digital identity protection solutions, has announced a USD 346.3 million funding round led by General Atlantic and SoftBank.

Unicorn, startup, digital identity, funding, biometrics

Voyager Innovations raises USD 210 mln

News | Online Payments | 12 Apr 2022

Philippines-based Voyager International, the fintech that developed the end-to-end money platform PayMaya and neobank Maya Bank, has raised USD 210 million, reaching a total valuation of USD 1.4 billion.

funding, online payments, digital payments, neobanks, fintech, online platform, payment methods, cryptocurrency, cryptocurrency exchange, e-wallet, digital wallet, Unicorn

Mastercard partners with Unicorn Zeta

News | Online Payments | 07 Apr 2022

India-based banking Unicorn Zeta has announced a five-year strategic partnership with global card issuer and payment processor Mastercard.

partnership, BNPL, credit card, fintech, Unicorn, online banking, digital banking, loyalty programme, fraud management, payment processing

GoTo announces IPO on Indonesia Stock Exchang

News | Ecommerce | 16 Mar 2022

The fusion between ride-hailing startup Gojek and ecommerce company Tokopedia, trading under the name of PT GoTo has announced its plan to carry out an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) market. 

IPO, Unicorn, GoTo Group, ecommerce, delivery

India Unicorn Licious receives USD 150 mln in funding

News | Ecommerce | 15 Mar 2022

India-based first direct-to-consumer Unicorn platform, Licious, has raised an additional USD 150 million from a set of late-stage investors, following the company’s IPO (initial public offering).

ecommerce platform, funding, crowdfunding, Unicorn, delivery, direct to consumer

Fintech Stax to achieve unicorn status

News | Payments General | 09 Mar 2022

Payment platform Stax has announced a USD 1 billion valuation after its latest round of investment.

Unicorn, startup, investment, payment processing

Scalapay raises USD 497 mln Series B and moves into the checkout market

News | Online Payments | 23 Feb 2022

BNPL provider Scalapay has announced that it secured a USD 497 Series B funding round, achieving the unicorn status.

BNPL, checkout optimisation , instalment payments, Unicorn, ecommerce, PSD2, GDPR

Creditas reaches USD 4.8 bln valuation

News | Online & Mobile Banking | 26 Jan 2022

Creditas, a Brazil-based lending startup backed by SoftBank, has reached a valuation of USD 4.8 billion following its latest funding round.

fintech, funding, startup, Unicorn, financial services

French startup Spendesk reaches Unicorn status

News | Online Payments | 19 Jan 2022

France-based Fintech startup Spendesk has announced it raised an extension to its Series C funding round with Tiger Global investing an additional USD 114 million.

Unicorn, funding, fintech, spend management, virtual card, online payments, personal finance management, cashback

WeLab unicorn will enter the Indonesian digital banking market

News | Online & Mobile Banking | 04 Jan 2022

Hong Kong-based fintech unicorn WeLab has announced the launch of a digital bank in Indonesia in 2022, after spending USD 240 million on stakes in Bank Jasa Jakarta.

Unicorn, digital banking, digitalisation, expansion, online banking

Noname Security raises USD 135 mln in Series C funding

News | Digital Identity, Security & Online Fraud | 16 Dec 2021

US-based API protection company Noname Security has secured USD 135 million in funding, reaching USD 1 billion evaluation and achieves unicorn status.

funding, Unicorn, API, fraud prevention, cybersecurity, expansion

Lydia gets USD 100 mln in Series C funding

News | Online & Mobile Banking | 10 Dec 2021

A few weeks after announcing stock and crypto trading, France-based fintech startup Lydia is announcing that it has raised a USD 100 million Series C round.

funding, Unicorn, super app, mobile banking

Techcelerator launches NEXT Fintech accelerator

News | Online & Mobile Banking | 30 Nov 2021

Romania-based Techcelerator has launched a new edition of NEXT Fintech, a tech acceleration programme.

fintech, SaaS, startup, Unicorn

Indonesian fintech OVO introduces fixed-income product

News | Ecommerce | 19 Nov 2021

Indonesia-based digital wallet OVO has partnered with financial marketplaces Bahana TCW Investment and Bareksa to introduce its first fixed-income product.

fintech, product launch, online payments, Unicorn, digital wallet, e-wallet

Brex fintech raises USD 300 mln in funding

News | Online & Mobile Banking | 22 Oct 2021

US-based Brex has raised USD 300 million in funding that propels it to a valuation of USD 12.3 billion.

funding, Unicorn, fintech, API, partnership

Delivery Hero invests in Gorillas to augment the quick commerce industry

News | Ecommerce | 20 Oct 2021

Germany-based delivery platform Delivery Hero has invested USD 235 million in on-demand delivery startup Gorillas Technologies as part of the Series C funding round.

funding, ecommerce, Unicorn, delivery, investment

Flutterwave eyes USD 3 billion valuation ahead of possible IPO

News | Online Payments | 18 Oct 2021

Nigeria-based fintech Flutterwave has planned to acquire fresh funding at USD 3 billion to triple its present valuation.

online payments, funding, Unicorn, fintech, startup, Flutterwave

Agility, disruption, and the right D2C approach – Gymshark's journey to becoming a unicorn startup

Voice of the Industry | Ecommerce | 07 Oct 2021

Steve Hewitt, executive chair at the UK-based retailer Gymshark and keynote speaker at IRX, elaborates on Gymshark’s journey from being an entrepreneurial startup to securing the ‘unicorn’ status

direct to consumer, retail, Unicorn, startup