Expenditures startup Pleo preps $100M Series C financing, introduces new expense payments service

Expenditures startup Pleo preps $100M Series C financing, introduces new expense payments service

Late-stage fintech startup Pleo, which uses cost management tools and “clever” business Mastercards, states it prepares to raise a Series C round of funding this summer season. It’s also introducing a B2B expense payments service today. Co-founder and CEO Jeppe Rindom informed me through a call: “We have cash up until 2022, but we have actually seen extraordinary […] Pleo is today launching Bills, a platform to combine, pay and track business-to-business expense payments and a supplier’s terms of service.

Vivino raises $155 million for white wine suggestion and market app

Vivino raises $155 million for white wine suggestion and market app

If you’re at all thinking about white wine, opportunities are you’ve turned to Vivino a minimum of a few times for recommendations. The app and the business behind it have actually been assisting individuals take pleasure in better white wine because 2010, and now the startup has raised $155 million with its Series D round– an amount over two times as […] The scenario is likely familiar: You’re sitting in a restaurant and browsing the white wine menu, or looking at a crowded rack in a wine shop. For myself, I think I most likely browsed for something like ‘white wine suggestion app’ and found Vivino by means of the App Shop, installed it and was snapping photos of labels or menus within minutes. Vivino’s marketplace part suggests you can frequently purchase the wines you find and take pleasure in directly from the app, by means of collaborations the company fosters and keeps with merchants large and little around the world.
Vivino wine red wine in San Francisco. …

HungryPanda raises $70M for a food shipment app targeted at overseas Chinese customers

HungryPanda raises $70M for a food shipment app targeted at overseas Chinese customers

Food delivery apps have actually been a huge offer this year both for customers stuck at house and not able (or reluctant) to go to restaurants or grocery stores, and for investors who are eyeing the chance to back increasing stars to assist them grow. Today came the latest development in that story: HungryPanda, which makes a […] Food apps have come into their own in 2020. In that sea of apps, nevertheless, you may be hard-pressed to distinguish one from another. The app was founded 4 years back by Liu, who was a worldwide trainee in computer system science at the University of Nottingham. Packing in one function, and then 2, into the app sets up HungryPanda for how it might grow even more in the future. Consumers and services in the broader network are accustomed to the presence of “super apps”, and they are well-used….

Omio takes $100M to shuttle through the coronavirus crisis

Omio takes $100M to shuttle through the coronavirus crisis

Multimodal travel platform Omio (formerly GoEuro) has raised $100M in late stage funding to help see its business through the coronavirus crisis. It also says it’s eyeing potential M&A opportunities within the hard-hit sector. New and existing investors in the Berlin -based startup participated in the late stage convertible note, although omio isn’t disclosing any […] …