Category: Funding

image
May 4, 2021

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M

It looks like everyone and their mother is trying to reinvent the Brazilian banking system. Earlier this year we wrote about Nubank’s $400 million Series G, last month there was the PicPay IPO filing and today, alt.bank, a Brazilian neobank, announced a $5.5 million Series A...


by Marcella McCarthy in Android
image
April 29, 2021

MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming

PreShow Interactive is giving gamers a new way to earn in-game currency in exchange for watching ads — a concept that’s become familiar in mobile games but hasn’t really made much headway on PCs or consoles. The startup is led by MoviePass’ founding CEO Stacy...


by Anthony Ha in Advertising Tech
image
April 27, 2021

Teen banking service Step raises $100M Series C, announces Steph Curry’s investment

Step, the digital banking service aimed at teens and endorsed by TikTok star Charli D’Amelio, announced this morning the close of a $100 million round of Series C funding after growing to over 1.5 million users just six months after launch. The new round, led...


by Sarah Perez in Apps
image
April 27, 2021

Mobile bank Current raises $220 million Series D, triples valuation to $2.2B

U.S.-based challenger bank Current, which has now grown to nearly 3 million users, announced this morning it has raised a $220 million round of Series D funding, led by new investor Andreessen Horowitz (a16z). The funding swiftly follows Current’s $131 million Series C at the...


by Sarah Perez in Andreessen Horowitz
image
April 1, 2021

Holler raises $36M to power ‘conversational media’ in your favorite apps

Holler, described by founder and CEO Travis Montaque as “a conversational media company,” just announced that it’s raised $36 million in Series B funding. You may not know what conversational media is, but there’s a decent chance you’ve used Holler’s technology. For example, if you’ve...


by Anthony Ha in Advertising Tech
image
March 18, 2021

Kuda raises $25M more led by Valar to become the neobank for ‘every African on the planet’

Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money. Today, one of the trailblazers in this area, Kuda Technologies, is announcing funding to continue building out its specific ambition:...


by Ingrid Lunden in Europe
image
March 9, 2021

Songclip raises $11M to bring more licensed music to social media

The team behind Songclip thinks that social media could use more music. Yes, music is a big part of the experience on a handful of apps like TikTok and Triller, but Songclip co-founder and COO John vanSuchtelen told me, “That is not the end of...


by Anthony Ha in Evolution VC Partners
image
March 2, 2021

West Tenth’s app encourages women to start home businesses, not join MLMs

A new digital marketplace called West Tenth, now backed by $1.5 million in seed funding, wants to give women a platform to start and grow their home-based businesses. Through its mobile app, women can promote their business to others in the local community, then field...


by Sarah Perez in Apps
image
March 1, 2021

Istanbul’s Dream Games snaps up $50M and launches its first game, the puzzle-based Royal Match

On the back of Zynga acquiring Turkey’s Peak Games for $1.8 billion last year and then following it up with another gaming acquisition in the country, Turkey has been making a name for itself as a hub for mobile gaming startups, and specifically those building...


by Ingrid Lunden in casual gaming
image
February 24, 2021

Emotive raises $50M to make text marketing more conversational

While more businesses are turning to text messages as a marketing channel, Emotive CEO Brain Zatulove argued that most marketers are just treating it as another “newsletter blast.” “The reason the channel performs so well is it’s not saturated,” Zatulove said. But that’s changing, and...


by Anthony Ha in Advertising Tech