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?

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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.

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NOVEMBER 9, 2020

Nuro , a startup focused on robotics use in daily life, has raised $500 million in a Series C funding round, according to a Medium post. The round was led by funds and accounts advised by T. Rowe Price Associates, with participation from new investors, including Fidelity Management & Research Company and Baillie Gifford.

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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. VCs will still have an immense trove of capital to invest.”. billion went to startups in 2,072 deals.

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SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players. billion garnered only 18 months ago. With the $14.5

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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.

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APRIL 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also invested in the mobile payment company. He did not reveal the amount of the investment, but said it would significantly raise the company’s valuation.

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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. .

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PYMNTS

JULY 17, 2020

Several B2B FinTechs topped the list in Q2, however, including commercial card startup Brex, which raised $150 million, as well as global business account service provider Airwallex with $160 million and small business alternative lender Fundbox with a $200 million raise — the largest of the quarter. TradeDepot.

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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

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APRIL 26, 2019

Uber , the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. It is also closer to the $76 billion valuation it had after its latest round of funding.

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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.

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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.

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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.

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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. Soros Fund Management , Coatue , Fidelity Investments and Baron Capital Group are among the company's existing investors, Bloomberg writes. Rowe Price Group Inc. BlackRock Inc.

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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.

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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.

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JANUARY 10, 2020

Chinese eCommerce and social media startup Xiaohongshu , also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. RED closed a $300 million series D round in 2018 and had a valuation of $3 billion. Tencent and Alibaba both invested in that round.

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DECEMBER 3, 2018

French President Emmanuel Macron is gearing up to address a group of leading Silicon Valley venture capitalists in which he will urge them to invest in the country’s startups and will also call on them not to steal the best creations coming out of the country. investors will hear, a source told Reuters.

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NOVEMBER 12, 2018

Startups just in their infancy are getting attention from seed investors — but unlike the dotcom days when every idea got some form of funding, investors are being choosier, resulting in fewer deals but with the ones getting funding enjoying surging valuations. The median valuation for seed companies increased to $7 million from $4.7

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SEPTEMBER 26, 2019

Fitness startup Peloton is hoping for an $8.2 billion valuation as it goes public, The Financial Times reported on Wednesday (Sept. billion valuation. billion valuation. The startup sells screen-equipped fitness bikes and treadmills ranging from $2,200 to $4,000 alongside its $40 per month on-demand workouts.

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Global Finance

OCTOBER 7, 2024

And a valuation that now exceeds $150 billion might appear to give the Microsoft and Softbank-backed startup an insurmountable advantage in the generative artificial intelligence (GenAI) space. This cautious approach makes luring foreign investment challenging. billion most recently.

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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. Mobvoi was Google’s first direct China investment following the exit of its search engine from the country in 2010.

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Barry Ritholtz

OCTOBER 2, 2024

 At The Money: Finding Overlooked Private Investments , with Soraya Darabi, TMV (October 02, 2024) The Efficient Market Hypothesis informs us that stock markets reflect all of the information known about any company. How does this affect VC investing? billion dollar startups have a founder who came here as a student.

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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.

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Valuation Startups Manufacturing Economics 58

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APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. According to The Financial Times, in China funding for FinTech startups declined 89 percent to $192 million during the first quarter of 2019.

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SEPTEMBER 19, 2018

A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will disrupt the market. The funding, which also saw Accel participate, followed only a few months after the company raised $153 million, pulling UiPath’s valuation up to $1 billion.

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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

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SEPTEMBER 22, 2019

SoftBank Group is considering a gamble on Brazil and might advise high-growth firms to invest in the country, Reuters reported on Friday (Sept. Although he did not explain, Maciel also said that SoftBank was going to announce a large investment in Brazil. office-sharing startup WeWork. Creditas is aiming to change that.

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Global Finance

MAY 22, 2024

So why is Southeast Asia’s startup engine stalling? VC/PE and infrastructure investment in the 10-nation region has plunged by two-thirds from a 2021 peak, according to the Global Private Capital Association (GPCA). That compares to investments in India dropping by half. In Southeast Asia the flow has turned into a drought.

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MAY 3, 2020

San Francisco tech startup founders are accepting tougher funding terms — if they can even get any money — as many announce layoffs, cuts and spending freezes amid the global coronavirus pandemic, according to the Financial Times (FT). “At They kind of went from fear of missing out to a more patient stance on investments.”.

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Startups Valuation Economics Investments 63

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JULY 29, 2020

TransferWise , the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid the COVID-19 pandemic, the London-based company announced Tuesday (July 29). through the TransferWise borderless account, with the new product set to launch within a year.

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APRIL 8, 2019

digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. s second-most valuable FinTech startup, behind small business lender OakNorth. million customers. Another asked: “How much are Round One investors smiling today?”

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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.

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MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider.

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OCTOBER 7, 2019

India-based hotel and booking startup OYO announced a $1.5 Agarwal, who founded OYO in 2013, will triple his interest in the firm with a $700 million investment to buy new shares, bringing its valuation to $10 billion. OYO has also recently expanded into the co-working business, aiming to invest $300 million into U.S.

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Startups Valuation Communication Investments 65

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DECEMBER 5, 2019

Silicon Valley-based Chime has raised $500 million in a Series E funding round that sent its valuation soaring to $5.8 The funding, led by DST Global, is the largest individual equity investment for a challenger bank, surpassing NuBank’s $400 million, which was also led by DST Global, according to CB Insights. 5), citing sources.

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