We begin this week with a small but impactful group of funding announcements. We ring in the holiday season with San Francisco-based Chime to the tune of $500M late-stage Series E. With this raise Chime takes the mantle of most valuable neobank in the world.
Another speedy unicorn in the bunch is Vroom, an online used-car marketplace for reconditioned vehicles. Despite a rocky road, the company continues to get mileage out of funding rounds with its $254M Series H. San-Francisco-based Figure has figured out how AI tech can help consumers tap equity and refinance loans. Surprisingly, the company recently raised $20M in a blockchain-driven security token offering, or STO for short. STOs are a hybrid between an initial coin offering (ICO) and IPO.
Our three Series As are here spreading good-natured cheer. Alternative asset investment marketplace Otis wants you to invest in a slice of culture. Ontario-based Delphia is converting everyone’s data into crowd-based profit for all. Starship wants to blast you off to the world of mobile health savings accounts.
This week’s secretive seed is Mexico City-based Prometeo, a platform of standardized banking APIs that allows users to work with banks in Latin America.