Klarna hits 18 million monthly users as operating income rose 40% to top $1 billion in 2020
Klarna is said to be raising funds valuing it at around $31 billion, roughly tripling the company’s valuation after its most recent $650 million round in September. Siemiatkowski recently hinted to Reuters that,…
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Cloud relational database company MariaDB lands on New York Stock Exchange
Patrik Backman, general partner of OpenOcean, MariaDB’s founding investor, said: “I am incredibly proud of the part OpenOcean has played in this journey. After founding and investing in the MariaDB company,…
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Ciao Bella! Scalapay brings home $497 million as Italy now lays claim to its first unicorn
Having raked in $155 million in a Tiger Global-led round last September, it was only a matter of time until buy-now-pay-later platform Scalapay lay claim to the title of Italy’s first startup…
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Friend of finance teams far and wide, Spendesk raises €100 million
Founded in 2016 by Rodolphe Ardant, Guilhem Bellion, and Jordane Giuly, Spendesk was borne within the eFounders project, and counts over 3,000 firms including Soundcloud, Curve, Algolia, and Wefox amongst its client base.
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Cazoo and AJAX I. A $7 billion SPAC merger. And the money kept rollin’ in from every side
The transaction was led by AJAX I sponsors (Dan Och and Glenn Fuhrman with board members including Kevin Systrom (Instagram) Anne Wojcicki (23andMe) Jim McKelvey (Square) and Steve Ellis (chipotle)),…
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Revenue-based financing platform Vitt emerges from stealth with $15 million pre-seed raise
Vitt, which translates to ‘finance’ in Hindi, now joins the ranks of similar offers Ritmo, Requr, Viceversa, and recently announced player, Berlin’s re:cap in the cash-up-front game.
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French platform Reveal ramps up $50 million to boost B2B partnerships
To keep facilitating B2B collaboration, French collaborative growth platform Reveal has raised $50 million in Series A round led by New York-based global private equity and venture capital firm Insight Partners with…
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Cazoo and AJAX I. A $7 billion SPAC merger. And the money kept rollin’ in from every side
The transaction was led by AJAX I sponsors (Dan Och and Glenn Fuhrman with board members including Kevin Systrom (Instagram) Anne Wojcicki (23andMe) Jim McKelvey (Square) and Steve Ellis (chipotle)),…
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Revenue-based financing platform Vitt emerges from stealth with $15 million pre-seed raise
Add another player to the revenue-based, non-dilutive financing game, as London/Berlin-based Vitt emerges from stealth today and has announced a $15 million (equity and debt) pre-seed funding round. The platform provides SaaS…
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Ciao Bella! Scalapay brings home $497 million as Italy now lays claim to its first unicorn
“With Magic, we have removed all the common friction points at checkout and addressed key reasons for cart abandonment such as signup or login, shipping, payment selection, and privacy consents,”…
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