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Fintech fundraising is giving me 2021 flashbacks
Welcome to TechCrunch Fintech! This week we’re looking at some big valuation jumps, how Stripe is eyeing another shareholder sale, a colorful conversation with an early-stage VC, and more!
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The big story
Last week was a good one when it came to funding for fintech startups. Riyadh-based Tabby became the most valuable fintech in MENA after securing $160 million in a Series E round at a whopping $3.3 billion valuation as it expands beyond buy now, pay later. That’s double the $1.5 billion it was valued at just 18 months ago.
In other news, I had an absolute blast talking with Sheel Mohnot, general partner of Better Tomorrow Ventures for TechCrunch’s Equity Podcast. We chatted about everything from his time in a Justin Bieber video to how social media has helped him win deals to how he thinks fintech is making a major comeback.
High-interest headlines
Mega-raises abound! Fraud detection startup Sardine AI wraps up $70 million Series C and Vouch acquires StartSure Insurance Services; raises Series D funding. And, if that’s not enough, Robinhood’s Q4 crypto revenue soars 700% year-over-year.
Thanks for reading! Until next week…
Source: techcrunch.com
