• Lydia grabs another $100 million for its European financial super app

    1 month ago - By TechCrunch

    Just a few weeks after announcing stock and crypto trading , French fintech startup Lydia is announcing that it has raised a $100 million Series C round. With this funding round, the startup has reached a unicorn valuation, which means that it is currently valued at more than $1 billion.
    Dragoneer and Echo Street are investing in the startup for the first time, and many of Lydia's existing investors are putting more money on the table, such as Tencent, Accel and Founders Future.
    “What's really impressive with this round is that it is primarily financed by existing investors,” Lydia...
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  • Indonesian fintech Flip secures $48M in Series B to support expansion

    Indonesian fintech Flip secures $48M in Series B to support expansion

    1 month ago - By TechCrunch

    Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip's total capital raised to $65million.
    Sequoia Capital India, Insight Partners and Insignia Ventures Partners co-led the Series B round. Flip is Insight Partners' first investment in Indonesia.
    The startup plans to use the fresh capital to accelerate its business expansion further, strengthen its operations in Indonesia, advance technology and expand its engineering and product teams.
    “This new funding is a testament to our team's commitment...
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