Getir’s Backer That Scored Nearly 6,000% Gain Finds New Darling
An early backer of Getir is preparing for its next act as it comes off a gain of nearly 6,000% in the value of its investment in the Turkish delivery app. The big opportunity spotted by Re-Pie Asset Management Inc. is in Turkey’s “buy now, pay later” sector, a business model that’s enjoying a moment globally. […]
Getir is now worth nearly $12 billion after raising another $768 million
Instant delivery startup Getir announced that it has closed a new $768 million Series E funding round. Following this deal, the company reached a valuation of $11.8 billion. Instant delivery startup Getir announced that it has closed a new $768 million Series E funding round. Following this deal, the company reached a valuation of $11.8 […]
Carbon Health Secures $350 Million to Expand Omnichannel Primary Care Nationwide
With rapid patient and clinic growth, Carbon Health doubles down on its mission to become a national healthcare provider for all Americans. Carbon Health, a leading omnichannel healthcare provider, announced that it has raised $350 million. The investment enables Carbon Health to further accelerate its expansion to become the largest primary care provider in the […]
Chipper Cash gets $2B valuation with $150M extension round led by FTX
Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. The investment comes barely six months after Chipper Cash closed its first Series C round of $100 million, led by SVB Capital, the corporate venture capital arm of SVB Financial Group. SVB […]
Turkish Microlender Colendi Raises US$30M
Colendi, a Turkey-based micro lending and credit scoring fintech company, has picked up US$30 million in a Series A round of funding, according to local news reports. The Series A round was led by Re-Pie Asset Management Company, a Turkish alternative asset management firm. The funding was made through Re-Pie’s dedicated Colendi Venture Capital Investment […]
Independent worker network Contra goes commission-free as it secures new NEA-led capital
Contra, a professional network for independent workers, unveiled a new payment model Tuesday that lets users accept payments for their services on Contra without paying any commission fees. The new feature comes as the company brings in $30 million in Series B funding, led by NEA, with participation from Unusual Ventures and Cowboy Ventures, both […]
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions – the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company offers mobile-based, no fee, P2P payment […]
Home security will never be the same
These cameras come with a human guard to watch over them. A look at the hackers responsible for the gas pipeline shutdown; the government program that gives households $50 off their monthly bill; Telsa stops accepting Bitcoin; Amazon’s new Echo Show devices; Deep Sentinel home security camera that come with AI and a human guard; […]
Deep Sentinel Offers Security Lifeline to Abandoned Time Warner Customers
Company announces exclusive deal as Time Warner Security pulls plug on services Deep Sentinel, the only home security system that provides live remote security guards protecting your home 24/7, today announced a special offer for former customers of Time Warner Security. Time Warner Security issued a notice to customers this past week notifying them that […]
Stilt Brings In $100M Debt Financing To Power Immigrant Loan Product
Stilt, which is providing financial services for immigrants, raised a $100 million debt facility from Silicon Valley Bank to support its lending product and new checking account product for customers and people without credit. More than 1 million immigrants arrive in the U.S. each year, according to the Pew Research Center, and Rohit Mittal, co-founder and […]
