SoftBank

23 results about this entity

Period: 28 Aug 2018 - 30 Sep 2022

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SoftBank’s Vision Fund to layoff 30% of staff

/people

SoftBank’s Vision Fund to layoff 30% of staff

SoftBank is planning to cut around 30% of staff to their investment arm Vision Fund.

SoftBank hit with record losses amid tech slump

/startups

SoftBank hit with record losses amid tech slump

In a harbinger of hard times to come for financial technology fundraising, fintech cheerleader SoftBank has posted a record loss at its Vision Fund investment arm amid a rash of downgrades among its portfolio companies.

Money 20/20 EU: Ukrainian fintech is alive and thriving

/payments

Money 20/20 EU: Ukrainian fintech is alive and thriving

What’s next for NFTs? Non-fungible tokens (NFTs) continue to dominate headlines and event agendas as 2022 roars on, yet, panellists on day two of Money 20/20 Europe argued that it is a topic where the technology is not yet fully used or understood.

/payments

TabaPay nabs investment from SoftBank Vision Fund

TabaPay, the leading instant money movement platform, announced today an investment by the SoftBank Vision Fund 2, the world's largest technology-focused investment fund.

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Funding Societies raises $294m to fuel expansion plans in Southeast Asia

Funding Societies (which goes by Modalku in Indonesia), Southeast Asia’s largest SME digital financing platform, today announced that it has raised US$144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2, with new investors notably Vietnamese tech giant VNG Corporation, Rapyd Ventures, Asia-based global investor EDBI, Indies Capital, K3 Ventures, and Ascend Vietnam Ventures.

/markets

Softbank injects $146 million into AI for asset management firm Qraft

AI enabled fintech company Qraft Technologies, Inc. (“Qraft” or “the company”) today announced that it has closed a US$146 million investment from SoftBank Group Corp. (“SoftBank”), which includes primary growth capital and secondary capital that will be used to fund share purchases from investors.

/cloud

Softbank-backed THG Ingenuity invests in cloud technology platform

THG Ingenuity takes a stake in Civo to leverage Civo’s newly launched managed cloud native Kubernetes platform. The platform will enhance THG Ingenuity’s technology offering

Revolut chasing $1bn in fundraising - reports

/startups

Revolut chasing $1bn in fundraising - reports

UK challenger bank Revolut could be in line for a $1 billion (£750 million) capital injection which would make it one of the most valuable fintechs in Europe.

/crypto

SoftBank invests $200 million in Mercado Bitcoin

2TM Group, the parent company of Mercado Bitcoin, the leading cryptocurrency exchange in Latin America, today announced that Mercado Bitcoin has raised $200 million USD from the SoftBank Latin America Fund.

/markets

SoftBank leads $28 million round in Atom Finance

Atom Finance, the consumer software platform providing access to institutional-quality investment resources, today announced a $28 million Series B funding round led by the SoftBank Latin America Fund with participation from existing investors General Catalyst and Base Partners.

/payments

American Express joins $19.5 million round in travel and mobility app integrator Splyt

Splyt, a scale-up integrator of mobility apps and travel platforms, has closed a USD 19.5 million Series B investment round to support its expansion.

/payments

Softbank to offer carrier billing from Bango for Amazon purchases in Japan

Bango (AIM: BGO), the mobile commerce company, announces that it has enabled carrier billing for mobile operator SoftBank Corp. (TSE : SOBKY), on Amazon.co.jp. Amazon (NASDAQ : AMZN) customers with a SoftBank mobile phone account can now pay for goods, membership fees and subscription services, and charge the cost to their mobile phone bill.

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