Financial services lead the way

Financial services led the way in June on the Crunchbase Emerging Unicorn Board.

A curated list of companies valued above $500m, but less than $1bn, the board now hosts 346 companies valued at more than $236bn.

Financial services had the highest count of new companies on the list in June.

The UK led the pack with three new emerging unicorns, followed by India with two. The U.S., Canada, China, Singapore, Israel, Iceland and Sweden each counted one new company on the Emerging Unicorn Board.

Together, these emerging unicorns raised $1.2bn this past month and were valued at $8.2bn collectively.

The financial companies are:

• Sweden-based Juni helps e-commerce companies grow their business with fintech services. Juni closed on a $100 million Series B valuing the company at $800 million. The funding was led by Mubadala Capital Ventures .

• New Delhi-based credit card issuer Stashfin raised a $70 million Series C which valued it at $750 million. The company says it is close to issuing 100,000 cards per month to those previously excluded from these services. With this funding, Stashfin plans to expand to Southeast Asia. The funding was led by global investors Abstract Ventures , Fasanara Capital and Uncorrelated Ventures .

Entrepreneur First , headquartered in London, brings founders together to build the next generation of tech companies. The team has raised a $158 million Series C, valuing the company at $560 million. Some $100 million will be allocated to investing and the rest toward building out its global team.

• Gen Z financial assistant Cleo , based in London but focused on the U.S. market first, raised an $80 million Series C that valued the company at $500 million. The funding was led by Brussels-based Sofina .