Fintech
Headquartered in Singapore, global payments platform Airwallex announced Wednesday it raised a $300 million Series F funding round led by VC firm Square Peg, valuing the decade-old fintech company at $6.2 billion. The round, which brought Airwallex’s total funds raised to over $1.2 billion, included participation from billionaire Yuri Milner’s…
San Francisco-based Chime, the largest digital bank in America, wants to go public at a price between $24 and $26 per share, which implies a fully diluted valuation of about $11 billion, according to a new press release and filing with the Securities and Exchange Commission (SEC). That’s down steeply…
In April 2025, Wealthsimple made a quiet but strategic acqui-hire, bringing on the entire team from Plenty, a U.S.-based fintech startup focused on financial planning for couples. Terms of the deal were not disclosed. While the Plenty platform shut down shortly after, the acquisition was never about the product—it was…