One Zero could be raising $100M

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Here’s a summary of the key information about the startups, investors, fundraising series, and dates mentioned in the article:

Startups and Founders

  1. One Zero

    • Founder: Amnon Shashua (CEO of Mobileye)
    • Goal: To "bring private banking to the masses."
    • Current Fundraising: Raising at least $100 million.
    • Total Raised So Far: ~$242 million.
    • Valuation: $320 million in 2023, expected to be higher in the next round.

  2. Uprise

    • Description: A financial advisor for small- and medium-sized businesses (SMBs).

  3. Groww

    • Description: Indian stock trading and mutual fund startup that recently relocated its headquarters and paid $159.4 million in taxes.

  4. Stoïk

    • Focus: Cybersecurity insurance product for SMBs.
    • Recent Fundraising: €25 million (around $27 million) Series B round.

  5. Interface.ai

    • Recent Fundraising: Raised $30 million to help banks field customer requests.
  6. Rerail
    • Focus: New fintech-focused angel fund initiated by Anthony Danon of Cocoa.

Investors

  • One Zero: Previous backers include:
    • Tencent
    • OurCrowd
    • SBI Ventures

Fundraising Series

  • One Zero: Currently in a round to raise at least $100 million.
  • Stoïk: €25 million Series B round.
  • Interface.ai: $30 million raised.

Important Dates

  • One Zero Mention of Fundraising: October 21, 2024.
  • Stoïk Fundraising Announcement: October 14, 2024.
  • Interface.ai Fundraising Announcement: October 22, 2024.

This information captures the main highlights from the TechCrunch Fintech newsletter. Let me know if you need any further details!

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2024-10-22 18:30:00

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