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4 results for "General Catalyst"

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Lean Technologies Closes $67.5M Series B for Middle East Fintech Infrastructure

Lean Technologies raised $67.5M in Series B funding led by General Catalyst to scale its fintech infrastructure platform across the Middle East. The round included Bain Capital Ventures, Duquesne Family Office, Arbor Ventures, and JIMCO. The company focuses on Pay-by-Bank and Open Banking APIs to enhance business payment efficiencies.

Nov 11, 2024

AtoB Raises $130M Series C for Fleet Payment Solutions

AtoB, a US-based payments platform for the transportation sector, raised $130 million in a Series C round combining equity and debt. Led by General Catalyst and Bloomberg Beta, the funding supports AtoB's tailored payment solutions for fleet operators. The platform embeds financial services into transportation workflows.

Sep 1, 2024

UK Challenger Bank Monzo Closes $144M Series F at $2.5B Valuation

Monzo, the UK-based digital challenger bank, closed a $144 million Series F round led by Y Combinator, bringing its valuation to $2.5 billion. Existing investors General Catalyst, Accel, Passion Capital, Thrive Capital, and Orange Digital Ventures participated. The round positions Monzo to expand its digital banking platform.

Jun 1, 2019

Monzo Raises £85M Series E Reaching Unicorn Status

UK challenger bank Monzo raised £85M (~$108M) in a Series E round led by General Catalyst and Accel, with participation from Thrive Capital and Stripe. The round valued Monzo at over $1.2 billion, making it the UK's newest fintech unicorn. The funding supports Monzo's growth as a digital banking platform challenging incumbents.

Oct 30, 2018