(Bloomberg) — Viva Republica Inc., operator of South Korea’s largest fintech startup Toss, raised more than $400 million at a $7.4 billion value, to help the super app grow sales 12-fold by 2025 as it heads for a potential initial public offering. The Seoul-based startup raised $410 million, with more […]
Fintech
Affirm IPO: 5 things to know about the fintech company shaking up online credit
Millennials are driving a change in the traditional idea of paying by credit, and soon investors will have a way to play that trend on the U.S. markets. Financial technology company Affirm Holdings Inc. AFRM, , which allows consumers to split purchases into installments, has filed for an initial public […]
Klarna, Affirm and Brex Make List of Top Fintech ‘Unicorns’
In the 89-page report, CB Insights also identified the top venture capital-backed companies and said there are 66 fintech unicorns that have an aggregate value of $248 billion. Thirty-three are in the U.S. alone and include a variety of financial service providers for retail, health care and banking. And while […]
Fintech Focus For July 29, 2020
Daily Perspective: Opportunities multiply as they are seized. – Art Of War Fintech Movers: Startups like Atomic, Astra, and Canopy are already starting to build gateless, autonomous fintech products. When they arrive, the future of money will look very little like the past. – Forbes TradeZero hits major milestones. Enova […]