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☆ Yonder, a London fintech startup offering rewards for credit card spending, has raised $30.1 million using this 11-slide pitch deck
  + stars: | 2024-09-19 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewYonder, a London-based fintech startup, has raised $30.1 million in new funding. Founded in 2020 by former staffers at credit scoring startup Clearscore, Yonder offers users a credit card with rewards such as meals at high-end restaurants, tickets to events, and points toward flights. This story is available exclusively to Business Insider subscribers. Yonder claims its latest raise is a significant up round, resulting in a post-money valuation of more than $132 million.
Persons: —, we've, Tim Chong, Chong Organizations: Service, Business, RTP Global, Northzone Locations: London, Manchester, Birmingham, Bristol, Bath
☆ Yonder, a fintech startup that helps expats get credit cards and offers rewards for spend, raised $78 million in debt and equity using this 11-slide pitch deck
  + stars: | 2023-04-17 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
London-based fintech startup Yonder has raised $78 million in debt and equity. Yonder, a London-based credit card startup, has raised $78 million in debt and equity in a new funding round. Yonder previously brought in $26 million in debt and equity as part of a seed funding round. This latest raise comes in the form of £12.5 million, about $15.7 million, in equity and £50 million, roughly $62.6 million, in debt. Yonder also plans to launch in two further unspecified cities and offer more events to users with its new capital, Chong said.
☆ Cathay looks to rebuild after 'brutal' pandemic losses
  + stars: | 2023-03-08 | by ( Anne Marie Roantree Donny Kwok | Anne Marie Roantree | Donny Kwok | ) www.reuters.com   time to read: +3 min
Cathay shares rose as much as 1.4% to HK$7.95 after the results were released, reversing the morning's declines as investors bet on a turnaround following heavy losses during the pandemic. "After three brutal years of the COVID-19 pandemic, we have finally entered into a new exciting phase, in which we will rebuild Cathay Pacific for Hong Kong." [1/5] A Cathay Pacific Airways Airbus A350-900 airplane approaches to land at Changi International Airport in Singapore June 10, 2018. Cathay said it was operating about one-third of pre-pandemic passenger flight capacity by December and ended the year operating passenger flights to 58 destinations, double the 29 destinations the airline flew to in January 2022. It would operate at about 70% of its pre-pandemic passenger flight capacity by the end of 2023, with an aim to return to pre-pandemic levels by the end of 2024.
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