plant growing from money

Friday Fundings: Dream Sports, Notarize, and World Bank

Indian Fantasy Sports Company Raises $400 Million

Dream Sports has raised $400 million in a recent financing round led by TCV, D1 Capital Partners, and Falcon Edge. Mumbai-based Dream Sports is the parent company of Dream11, a fantasy sports app offering fantasy cricket, football, kabaddi, and basketball in India. The app currently has over 100 million users.

Fantasy sports are rapidly gaining popularity in India, but they have faced regulatory issues. A number of Indian states including Assam, Odisha, Sikkim, and Telangana have banned fantasy sports betting. But investors seem to believe that Dream Sports will be able to navigate these challenges and continue to grow.

Remote Notary Service Raises $130 Million

Notarize, a service helping businesses notarize documents remotely, raised $130 million in a Series D funding round led by Canapi Ventures. The company has seen 600% year over year revenue growth and has tripled its value since March of 2020.

Notarize has helped small businesses through the pandemic and has also partnered with big names like Zillow ( and Adobe ( With its new funding Notarize plans to expand its platform, hire a larger team, and find ways to continue growing even as companies begin returning to in-person work.

The World Bank Will Sell Wildlife Protection Bonds

The World Bank will begin selling a bond designed to raise funds to protect the endangered black rhinoceros in South Africa. The five-year, $45 million bond will be the first wildlife conservation bond in the world. The bond will be available for purchase starting in the middle of this year.

Investor returns will depend on population growth of rhinos living in two South African reserves. If this program is successful, other bonds linked to the populations of lions, tigers, gorillas, and other animals could become available.

Things are changing daily within the financial world. Sign up for the SoFi Daily Newsletter to get the latest news updates in your inbox every weekday.

Sign up

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.

All your finances.
All in one app.

SoFi QR code, Download now, scan this with your phone’s camera

All your finances.
All in one app.

App Store rating

SoFi iOS App, Download on the App Store SoFi Android App, Get it on Google Play

ABOUT SoFi SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing, and protecting give our more than one million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. For more information, visit Want an easy and convenient way to manage your financial life? Get the SoFi app. For iOS and Android.

TLS 1.2 Encrypted
Equal Housing Lender