Vivid Money, a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money management services, also includes stock and cryptocurrency investing. Now, as it gears up to add more services to its platform and expand across […]
Brazilian fintech Cora raises $116M Series B as Tiger Global, Tencent sign on as investors alongside Greenoaks – TechCrunch
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Israeli Workforce Management Company Papaya Global Raises $100 Million Making It Israel s First Female-Led Unicorn
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Papaya Global raises $100M more at a $1B+ valuation for tools to hire, pay and manage distributed workforces – TechCrunch
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While becoming a unicorn seems to be par for the course for Israeli tech startups these days, workforce management company Papaya Global still manages to stand out. The company is the only Israeli unicorn to be led by a female entrepreneur, its co-founder and CEO Eynat Guez. The company announced on Thursday that it has raised $100 million in series C funding, taking the company’s valuation over the $1 billion threshold.
The new funding round was led by GreenOaks Capital Partners and joined by IVP and Alkeon Capital, with participation from existing investors Insight Venture Partners, Scale Ventures, Bessemer Ventures, Dynamic Loop, New Era and Workday Ventures, Access Ventures, and Group 11.