The venture capital industry in the United States raised $12 billion, across 57 funds, in the first quarter of this year, as noted by the National Venture Capital Association (NVCA), in conjunction with Thomson Reuters. Get the Full Story Complete the form to unlock this...
Investor letters are not generally highly renowned for their incredible readability. That’s never been a real problem since shareholders aren’t looking to be entertained when they read the annual missive from the CEOs whose firms they own a share of; they are looking to be...
Venture capitalists can be a cagey bunch, and now, they are a cautious bunch. The group, noted Bloomberg on Thursday (April 7), made fewer investments within the last quarter in the United States and actually loaded relatively more money into what Bloomberg termed as “mature private companies,”...
While there are many wonderful things to be said for parenting, there is one inarguable downside to bringing new life into the world: it is very, very expensive. From birth to age 18 the average cost of raising a child is estimated to be around...
French telecom giant Orange is making a play in the African retail industry with a $85 million investment in Nigerian eCommerce company Africa Internet Group (AIG). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Groupon has raised $250 million in fresh investment from Comcast-backed Atairos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
While there’s no shortage of non-bank innovators, Continental Advisor’s Paul Purcell describes the innovation coming from those players as “starved.” But is the tide changing? Pro-consumer lending platform Cumulus just landed a $30 million Series A to launch a product that turns the category on...
On-demand meal, clothing and everything else delivery is startup culture’s latest boom market, and with so many new players throwing their hats and temperature-controlled carrier bags into the ring, it’s becoming harder and harder for established companies to keep their head start. Get the Full...
The United Kingdom-based FinTech firm GoCardless — which, as its name implies, offers technology to enable payments without, well, cards — has snagged a fresh $13 million from its latest financing round. Get the Full Story Complete the form to unlock this article and enjoy...