The FinTech world can be divided between public and private companies. Publicly traded companies have had a tough time the last several months. Key fallen stars have included Lending Club and OnDeck Capital, which Bloomberg noted have fallen by more than 40 percent since their debuts...
Mintos, a Latvian P2P lending startup, which provides a platform for investors to finance nonbank lender loans, has raised $2.2 million in a seed funding round led by Riga, Latvia-based VC Skillion Ventures. The year-old company helps its investors find loans they can fund or buy from alt-lenders...
LinkedIn’s dismal guidance set the stage for a massive selloff in tech stocks on Friday. But there are other clouds gathering on the horizon for momentum-propelled stocks — and not just social media companies.
FinTech firm Spotcap, based in Berlin and founded and backed by Rocket International, focuses on small business lending and has just grabbed €31.5 million ($34.4 million) in its latest funding round. TechCrunch reported on Tuesday (Feb. 2) that the round is being led by Finstar...
The Iowa caucus dust may be barely settled, but one force may continue to be a powerful one, regardless of the eventual nominees of either U.S. political party: Wall Street. The Wall Street Journal reported Monday (Feb. 1) that campaign finance reports newly filed with...
It is not just the East Coast grappling with winter chill; even the West Coast has tech investments that are continuing to cool down with a slide in public and private valuations. The cooldown comes as the Chinese market continues to lose its force and angel investors grow...
WeLab, a Hong Kong-based FinTech startup, has raised $160 million in its Series B round to further expand its roots in the Chinese market with the launch of new financial products. The funding round was led by Malaysia’s state fund, Khazanah Nasional Berhad, and saw participation from...
Germany-based software as a service (SaaS) banking platform provider Mambu has its eye on global expansion with the news of its latest funding round. The company announced Monday (Jan. 11) that it raised €8 million (approximately $8.7 million) in capital through its latest funding round,...
It’s somewhat ironic that though the Consumer Electronics Show regularly brings thousands upon thousands of new gadgets to the floors of Las Vegas’ convention centers, it’s usually journalists rather than consumers that get to tinker with all the digital toys the rest of the market...
