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Seize Monetary Group lands $300M
Grab Financial Group, the fintech spinout of Singapore-based ride-hailing large Grab, raised $300 million in contemporary financing at a reported valuation of $3 billion.
Hanwha Asset Management led the funding for the two-year-old spinout, which affords funds, credit score and insurance coverage. The funding will go towards hiring, enlargement, and rollout of recent product choices.
Senndr raises $160M for freight forwarding
Berlin-based digital freight forwarding platform Senndr raised $160 million in a brand new funding spherical that units a valuation of greater than $1 billion for the six-year-old firm.
Backers within the Collection D funding spherical embrace Accel, Lakestar, HV Capital, Project A and Scania. With this newest financing, Senndr has raised at the least $260 million to this point in recognized funding, per Crunchbase knowledge.
Funding rounds
Illustration: Dom Guzman
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