Digital bank Chime has tripled its valuation, officially passing the $1 billion-mark this week. The San Francisco-based company announced a $200 million Series D financing round that brings its new valuation to $1.5 billion. […]
Category: Portfolio News
Trifacta Triples User Base And More Than Doubles Cloud-Based Revenue in 2018
Trifacta, Inc., the global leader in data preparation, today announced another year of significant growth. Fiscal year 2019, which ended January 31, saw annual recurring revenue (ARR) grow by over 85 percent with accelerated growth of more than 2x in cloud-based revenue as result of strong customer wins globally, continued industry recognition as the leader in […]
DataSine raises $5.2M led by Pentech and Propel for its AI content-marketing platform
By now, most of us should be familiar with the concept of the tailored news feed. Right now my Facebook feed (yes, I’m still there, alas) has been messed up because I’ve clicked on too many posts about Brexit, but I digress. My point is that content has long since fallen to the tyranny of […]
Chime recognized by 11:FS as the winner in the US Disruptor category
The consulting firm CG42 recently reported that it expects the ten largest banks in the US to lose $159 billion in deposits to smaller competitors over the next year. […]
Meet the start-up bank with millions of customers trying to disrupt the ‘adversarial’ American banking system
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Chime is among the top seven most promising personal finance companies on Forbes 2019 Fintech 50 list
Almost every personal finance company on Forbes’ 2019 Fintech 50 list is betting on the insights of behavioral finance to take their company to the next level. […]
Denis Barrier sat down with Technotopia’s John Biggs to discuss his outlook on the future of global innovation
Denis Barrier is a global investor and an amazing guy. His firm invests in the US, Europe, and Asia and we talked about our borderless future and how to spot innovation before it takes off. […]
Finalcad, the mobile platform for the construction industry, raises $40M Series C
Finalcad, a mobile platform that enables the construction industry to digitize much of its processes, has closed $40 million in Series C funding. The round was led by publicly listed London venture capital firm Draper Esprit and Cathay Innovation, with the support of Salesforce Ventures. Existing French investors Serena, Aster and CapHorn Invest also participated. […]
The ‘Neo-Banks’ Are Finally Having Their Moment
SAN FRANCISCO — After the financial crisis 10 years ago, unhappy customers were expected to flee the megabanks for smaller competitors. It didn’t happen. And the big banks became even more entrenched. Now another wave of alternative banks are at it again, and they say they’ve learned from the mistakes of the upstart banks that […]
Satellites, Big Data Help U.S. Spy on Smugglers of Iranian Oil
Ships carrying Iranian crude have long used tactics like changing their flags of registration or switching off their radio signals to avoid detection amid Western sanctions. But when a new U.S. oil export ban begins on Nov. 5, many of the tricks of seaborne oil smuggling are less likely to be effective at helping Tehran […]