Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI. Participants included SoftBank Corp.-owned Japanese tech conglomerate Z Holdings. Returning investors included UBS, Singtel Innov8 […]
Fount, a robo-advisor startup in South Korea, has raised a $33.4 million Series C round to beef up its machine learning-based platform development and hire staff. The latest round was led by Hana Financial Investment, along with Nice Investment. Returning backers Smilegate Investment, KT Investment, Shinhan Capital and Korea Development Bank also participated. The […]
Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion). The round was led by Meritech and Greylock, and includes funding from Inovia, Sagard, Redpoint, TSV, as well as individual investors including Drake, Ryan Reynolds and Michael J. Fox (basically, […]
Four months after leading a $30 million growth round in Bibit, Sequoia Capital India has doubled down on its investment in the Indonesian robo-advisor app. Bibit announced today that the firm led a new $65 million growth round that also included participation from Prosus Ventures, Tencent, Harvard Management Company and returning investors AC Ventures and […]
Investment app StashAway has raised a $25 million Series D led by Sequoia Capital India, with participation from returning investors Eight Roads Ventures and Square Peg. After regulatory approvals for the funding are completed, Sequoia Capital India managing director Abheek Anand will join StashAway’s board of directors as part of the round. StashAway does not […]
InvestSuite, the Leuven-based B2B wealthtech startup, today announced that it has successfully completed a new funding round, securing €3 million from PMV, AB Accelerator, 365.fintech and others. This is InvestSuites 2nd funding round this year and brings the total raised to €9 million since the company was founded in 2018. InvestSuite provides automated investment solutions […]
The post Belgian wealthtech startup InvestSuite secures €3 million in additional funding to accelerate its international expansion first appeared on EU-Startups.