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Tag: GIC

FinTech startup Stripe raises $6.5 billion in down round; valuation plunges to $50 billion from $95 billion 2 years ago

Fintech
On February 24, we wrote about Stripe after the fintech giant announced it was close to raising $4 billion in fresh funding that will...

Philippine Tycoon Gokongwei Eyes Post-Pandemic Recovery With $1.3 Billion Bet On Airline, Hotels And Banks

Real Estate
Billionaire Lance Gokongwei is spending 73.6 billion pesos ($1.3 billion) this year to ready his sprawling conglomerate to reap the fruits of a post-pandemic...

Stripe raises $6.5 billion at a $50 billion valuation

Crowdfunding
Since the late January 2023 rumors of Stripe’s exploration of going public, scrutiny of the fintech’s woes has mounted.  Once valued at $95 billion,...

Stripe Lands $6.5 Billion in Funding at $50 Billion Valuation

Fintech
Stripe received $6.5 billion in Series I funding, along with an updated valuation of $50 billion. The $50 billion valuation is almost half...

Stripe halves valuation on $6.5 billion downround

Payments
Payments processor Stripe has raised $6.5 billion in a financing round that almost halves its valuation from two years ago. Primary investors...

Stripe Raises US$6.5 Billion at a Valuation Slashed by Almost Half

Fintech
Stripe, a payments and financial services providers for businesses, has raised more than US$6.5 billion in a at a US$50 billion valuation, a sharp...

Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation

Blockchain
The investors for the new round included existing Stripe shareholders Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners and Thrive Capital, and...

The 12 Largest Global Startup Funding Rounds of Q4 2022

Startups
Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for Q4 2022. I have included...

Chainalysis to Dismiss 48 Employees, Prepares to Reorganize Structure

Blockchain
After a year of a prolonged crypto winter that’s seen former industry powerhouses lay off large swathes of their employees in a desperate...

The 18 Largest Global Startup Funding Rounds of 2022

Startups
Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for 2022. I have included some...

These 12 Startups Raised the Largest US Funding Rounds of 2022

Startups
Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds for full year 2022. I have...

These 19 Startups Raised the Largest US Funding Rounds of Q4 2022

Startups
Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from Q4 2022. I have included...
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