Momo raises $100M as funding surges for Asian payment apps

Vietnamese e-wallet app Momo has reportedly raised $100 million in a fresh funding round led by Warburg Pincus. The financing comes amid a period of surging investment in Asia-based payment apps.

Palantir revenue said to hit $1B

Revenues reportedly hit $1 billion last year at Palantir, the secretive and highly valued big data and analytics unicorn that has been bandied about as a potential IPO candidate. If true, the sales figures help bolster the Silicon Valley company’s case for a high valuation, albeit not as high as some recent estimates. secures $33M for home renovation platform

Seattle-based, which operates a platform for pricing and managing home renovation projects, raised $33 million in a Series B funding round led by WestRiver Group, Goldman Sachs and Redfin.

Illinois startups post a record year

The Illinois startup market in 2018 was very strong, and it’s not slowing down as we settle into 2019. Funding levels hit multi-year highs last year, and acquisitions of Chicago-area companies have been quite strong as well.

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Mobile payment companies funded in the last year Companies 191
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Recent Investments


$100M / Series C

Momo is an e-wallet and payments app that allows users to pay online and transfer money to each other digitally.


Warburg Pincus (Lead)


$50M / Series C

Alation empowers analysts and information stewards to search, query and collaborate for faster, more accurate insights.


Data and Analytics · Information Technology · Software · Analytics · Big Data · Data Integration


Aaron Kalb, Venky Ganti, Feng Niu, Satyen Sangani


Harmony Partners, Icon Ventures, Costanoa Ventures, + 3 more


$50M / Series D

Bukalapak is the leading e-commerce marketplace in Indonesia.


Commerce and Shopping · Internet Services · E-Commerce · E-Commerce Platforms · Internet · Marketplace · Online Portals


Achmad Zaky, Nugroho Herucahyono


Mirae Asset-Naver Asia Growth Fund (Lead)

More Investments
Company Amount / Round Lead Investor
Trusfort 300M CNY / Series C CBC Capital $33M / Series B redfin, Goldman Sachs, WestRiver Group, LLC
ScaleFactor $30M / Series B Bessemer Venture Partners
Spell $15M / Series A Eclipse, Two Sigma Ventures
Truss $15M / Series A General Catalyst
Birdies $8.0M / Series A Norwest Venture Partners
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Pending acquisition by Wex for $425M

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iShangzu Danke Apartment $200M
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