Alternative Finances

Alternative Finances
The Alibaba Infographic: Everything You Need to Know
May 14, 2014

How did Alibaba go from its humble roots as an idea cooked up in Jack Ma's apartment in 1999 to potentially the most humongous IPO in history in just 15 years? Very strategically, as it turns out. And, we’ve made it as easy as a...

Alternative Finances
Bitpay pulls $30M In Investment From The Likes Of Richard Branson and Jerry Yang
May 13, 2014

Even given all the recent turmoil that seems to follow anything with the word “bitcoin” attached to it, there are still many investors ready to dive into the wonderful world of digital currency. Virgin Group Chairman Richard Branson and Yahoo Inc. co-founder Jerry Yang are part of an investor group that has...

Alternative Finances
Bitcoin Foundation in Turmoil Following Board Elections
May 13, 2014

Whatever you think about bitcoin as a currency, investment vehicle or technological innovation, one has to hand them credit where credit is due, there is literally almost never a dull moment in the world of digital currency. The election of two new board members to...

Alternative Finances
Walmart-Housed Banks Among Top Fee Collectors
May 12, 2014

Banks located within Walmart stores are unique in a few regards. They often cater to lower-income patrons more frequently than normal, often to those who are considered “risky” prospects who have heretofore been locked out of traditional banking. They also are among America’s top fee...

Alternative Finances
Bitcoin Board Welcomes Two New Members
May 09, 2014

The Bitcoin Foundation has announced the winners of its recent elections to fill two board seats. BTC China CEO Bobby Lee and venture capitalist Brock Pierce both came out in top in the second round of voting among the the organization’s industry members. Get the Full Story Complete the...

Alternative Finances
Another $50M In Green For Kabbage
May 06, 2014

Online small-and-medium-sized business (SMB) alternate loan underwriter has raised more industry waves by closing out a $50 million series D equity financing round. This follows the company’s announcement last month of  the closing of a $270 million credit facility that will allow small businesses that use its online platform...

Alternative Finances
P2P Lending Vehicle Prosper’s $70M Funding Round
May 05, 2014

Living up to its name, peer-to-peer lending marketplace Prosper has just closed a $70 million funding round led by Francisco Partners, with Institutional Venture Partners and Phenomen Ventures participating. This brings Prosper to almost $150 raised to date, and represents a strong rebound for a...

Alternative Finances
Meet Dogegoin, Bitcoin’s Weirder Wackier Successor
May 05, 2014

Bitcoiners-the nebulous pot of investors, miners, tech enthusiasts and libertarians – are a very serious group of people. Dogecoiners, not so much. Named for a mispronunciation of the world “dog,” dogecoin is the brain child of Jackson Palmer, a marketing professional at Adobe, who claimed that...

It’s the (Bitcoin) Protocol, Stupid
May 02, 2014

"Bitcoin as a currency is so last year" is the sentiment in Silicon Valley these days. Serious enthusiasts of bitcoin and its digital currency brethren insist that the thing that will change the world is "the protocol" - the block-chain and the rules for verifying...