119 Views

ZenPayroll nabs $60 mln

San Francisco-based ZenPayroll, an online payroll software provider for small businesses, has raised $60 million in funding. The investors included Emergence Capital Partners, Ribbit Capital, General Catalyst, Kleiner Perkins Caufield & Byers and Google Ventures.

118 Views

Ribbit Capital leads Series C round for ContaAzul

ContaAzul, a provider of accounting and invoicing solutions for small businesses in Brazil, has secured Series C funding. No financial terms were disclosed. Ribbit Capital led the round with participation from Tiger Global Management, 500 Startups, Monashees Capital and Valar Ventures.

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Automated investment service Wealthfront rakes in $64 mln

Wealthfront has closed $64 million in financing. Jeremy Philips of Spark Capital Growth led the round with participation from Dragoneer Investment Group, Index Ventures, DAG Ventures, Greylock Partners, Ribbit Capital and the Social+Capital Partnership. Based in Palo Alto, Calif., Wealthfront is an automated investment service.

309 Views

Credit Karma raises $75 mln in growth round

Google Capital, Tiger Global Management and Susquehanna Growth Equity have provided a $75 million add-on growth round in Credit Karma, a consumer finance and technology company. Google Capital’s portion of the funding is subject to regulatory approval and is expected to close in the fourth quarter. Credit Karma has raised a total of $193.5 million from Google Capital, Tiger, Susquehanna, Ribbit Capital, Felicis Ventures, QED Investors, Founders Fund and SV Angel.

181 Views

Index Ventures, Jared Leto and Snoop Dogg back Robinhood

Retail brokerage platform Robinhood has raised $13 million in Series A funding, the company announced in a blog post on its site. Index Ventures led the round with participation from other investors that include Ribbit Capital, Aaron Levie, founder of Box, Jared Leto, Snoop Dogg and Nasir Jones of QueensBridge Venture Partners. In addition to the funding, Jan Hammer will join the company’s board of directors. To read more about the funding, visit here.

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Accel, Ribbit Capital invest $35 mln in Invoice2go

Accel Partners and Ribbit Capital have invested $35 million in funding in Invoice2go, a mobile app to manage cash flow through invoicing, expense tracking and reporting tools. Along with the funding, Invoice2go is opening an office in Palo Alto, California and has named Greg Waldorf, CEO-in-Residence at Accel, as its new chief executive officer.

211 Views

Ribbit Capital and Felicis Ventures back Activehours app

Activehours said Wednesday that it has raised $4.1 million in seed funding. Ribbit Capital and Felicis Ventures led the round. Based in Palo Alto, Calif., Activehours is a mobile app that gives hourly workers access to their earned wages.

111 Views

Index Ventures and Ribbit Capital backs Wealthfront

According to a blog post on its site, Wealthfront has closed $35 million in funding. Index Ventures and Ribbit Capital led the round with participation from investors that included The Social+Capital Partnership, Greylock Partners and DAG Ventures. Based in Palo Alto, Calif., Wealthfront is an automated investment service provider. To read the announcement, visit here.

 

Benchmark, Fortress, Ribbit invest in Pantera Bitcoin

Pantera Capital Management, which is now focused exclusively on Bitcoin, said Wednesday that Benchmark, Fortress Investment Group and Ribbit Capital are acquiring an interest in Pantera Bitcoin Partners. Founded in 2003, Pantera Capital previously focused on global macro hedge fund investments.

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Benchmark leads $20 mln round for bitcoin wallet startup Xapo

According to a blog post on its site, Xapo has closed $20 million in Series A funding. Benchmark led the round with participation from Fortress Investment Group and Ribbit Capital. Based in Palo Alto, Calif., Xapo is a bitcoin wallet startup. To read the announcement, visit here.

359 Views

Credit Karma secures $85 million growth round

Credit Karma announced it has raised $85 million in growth-stage funding, led by Google Capital. Others participating in the round include Tiger Global Management and existing investors Ribbit Capital and Susquehanna Growth Equity. The San Francisco-based company, which provides consumers with credit scores and online tools to manage one’s credit, has now raised $118.5 million in total funding. As part of the latest round, David Lawee from Google Capita, has joined the board.

Meritech leads $33 mln round in small business lender CAN Capital

Meritech Capital Partners has led a $33 million Series C round in CAN Capital, a New York-based provider of alternative financing for small businesses. Joining the round are existing investor Accel Partners, Ribbit Capital and QED Investors. As part of the funding, Mike Gordon, managing director at Meritech, has joined the board.

Funding Circle secures Series C led by Accel

Funding Circle, an online marketplace for business loans has secured a $37 million series C investment led by Accel Partners. New investor Ribbit Capital joins New York-based Union Square Ventures and Index Ventures in the round. In total Funding Circle has raised $58 million in equity funding.

Ribbit Capital Raises $100m Finance-focused Fund

Ribbit Capital, a firm founded by financial services entrepreneur Micky Malka, has closed its inaugural $100 million fund, writes Reuters. Ribbit, which means interest in Hebrew, will specialize in lending, payments, insurance, accounting, tax preparation and personal financial management.

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