PYMNTS-MonitorEdge-May-2024

Venture Capital

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Source: en.wikipedia.org

Northwestern Mutual Life Insurance Launches VC Fund To Invest In FinTechs
Northwestern Mutual Life Insurance Launches VC Fund To Invest In FinTechs
January 13, 2017  |  Investments

In an effort to expand its digital offerings, Northwestern Mutual Life Insurance has reportedly created a $50 million corporate venture capital fund designed to back...

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CompareEuropeGroup Raises $21 Million To Expand
CompareEuropeGroup Raises $21 Million To Expand
January 12, 2017  |  Investments

CompareEuropeGroup (CEG), a price comparison website in Europe, announced Wednesday (Jan. 11) it raised $21 million in funding to expand the business. According to a report...

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Signal Media’s AI Reads The News
Signal Media’s AI Reads The News
January 05, 2017  |  Investments

This is the way the Investment Tracker ends the year — not with a bang or a whimper, but something in between. The week saw...

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InnoVen Capital Helps Its Startups Secure Traditional Financing
InnoVen Capital Helps Its Startups Secure Traditional Financing
January 05, 2017  |  B2B Payments

Startups in India have been looking towards venture capital for financing in the absence of traditional bank loans. And while InnoVen Capital is a top...

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FinTechs In Canada Getting Lots Of VC Love
FinTechs In Canada Getting Lots Of VC Love
January 04, 2017  |  Investments

Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into...

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Monese Raises $10M To Expand Mobile Banking
Monese Raises $10M To Expand Mobile Banking
January 04, 2017  |  Investments

London-based digital banking startup Monese has raised $10 million in a Series A, with investments coming from Anthemis Exponential Ventures, Korea Investment Partners and STE...

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Legacy Companies Warm To Tech Startups
Legacy Companies Warm To Tech Startups
January 03, 2017  |  Partnerships / Acquisitions

Mergers, acquisitions and venture funding of startups, especially in the technology sector, are increasingly becoming an important tool for legacy U.S. corporations across sectors as...

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Rent The Runway In $60M Series E, Plans Growth
Rent The Runway In $60M Series E, Plans Growth
December 28, 2016  |  Retail

Luxury apparel rental business Rent The Runway announced recently that it has closed a new $60 million equity investment Series E led by Fidelity Investments....

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eSUB Raises $5 Million, Plans To Expand App Offerings
eSUB Raises $5 Million, Plans To Expand App Offerings
December 21, 2016  |  Investments

Cloud-based project management app startup eSUB Construction Software recently announced that it has raised $5 million in a Series A venture capital funding round led...

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