Blend has raised $130 million in new venture capital funding. The cash injection likely puts the San Francisco-based fintech startup within striking distance of “unicorn” status, meaning a private valuation of $1 billion or more.
The terms of the deal, including the latest valuation, were not disclosed. A source close to the deal told Fortune, however, that the latest round was “about doubling the series D valuation,” referring to a prior round of fundraising in which investors privately appraised Blend at $500 million, including the $100 million raised, in August 2017, per data provided by Pitchbook, an industry tracker....
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The Malaysia-based courier marketplace will use the funding to focus on customer acquisition and recruitment EasyParcel, a courier marketplace startup from Malaysia, announced that it has secured RM43.5 million (US$10.6 million) in Series B from Gobi Ventures and AirAsia’s rebranded logistics arm Teleport. According to a report by Digital News Asia, Gobi led the round […]
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Amazon’s list of Prime Day deals has finally dropped. The retailer’s Black Friday-style sale for its Prime members is one of the biggest online shopping days of the year, as other retailers now take part with their own competitive sales. But some of the best deals to be found on Prime Day are those on […]
Google said today that it has started to display discounts from restaurants in its Maps app in India as the Mountain View giant works to expand its ever growing reach and relevance in one of its key overseas markets. The company today rolled out an update to add three new features to Google Maps app […]