Sunday, August 22, 2021

SoftBank-backed DriveWealth raises $450 million at nearly $3 billion valuation

SoftBank-backed DriveWealth has raised $450 million in fresh capital as part of a late-stage financing round co-led by private equity and venture capital firm Insight Partners and Accel, valuing the fintech firm at $2.85 billion.

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Car sales lose pace in June, SUVs stay in front

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