Investments

Trading Boosts Citi Results; Cards Do, Too
January 19, 2017

Amid bank earnings showing buoyancy, Citigroup reported fourth-quarter earnings that beat expectations by two pennies, coming in at $1.14, even as revenues of $17 billion missed expectations by about $290 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
AI Developer Neurala In $14M Series A
January 19, 2017

Deep learning neural networks platform and software startup Neurala recently announced that it had closed a $14 million Series A venture funding round led by Pelion Venture Partners. Additional participants in the Series A included Sherpa Capital, Motorola Solutions Venture Capital and 360 Capital Partners,...

Investments
Reverse Logistics: Optoro Clinches $30M Series D
January 18, 2017

Two weeks into 2017 and the Investment Tracker is showing some steady motion, with total fund flows comfortably in the low triple-digit range. This past week, the tally stood at $349 million, with FinTech at almost $238 million of that. Get the Full Story Complete...

Investments
Gig Startup Shiftgig In $20M Series C
January 18, 2017

As the gig economy continues to grow, more and more workers in the U.S. and elsewhere are looking to temporary, freelance or gig work to earn some extra cash. Additionally, many temporary and gig workers are becoming more reliant on gig work as a primary...

Investments
Even Keel For Payments Stocks
January 17, 2017

A shortened week in the United States due to the Martin Luther King holiday brings trading back today (Jan. 17), and as the earnings season begins to pick up, last week showed a bit more even keel than previous sessions. The names were fairly evenly...

Investments
AI Fraud Solution Startup Fraugster Raises $5M
January 17, 2017

German and Israeli anti-fraud technology startup Fraugster is working to make fraud detection smarter. The startup recently raised $5 million in a venture funding round led by international venture capital fund Earlybird, along with existing investors Speedinvest and Seedcamp. Get the Full Story Complete the...

Investments
Bank Earnings Buoyed By Consumer Spend
January 13, 2017

Two hours into the trading day, bank stocks are helping to lift the markets, leaning in part on the trio of big names in the sector that reported Friday (Jan. 13) — that would be JPMorgan Chase, Wells Fargo and Bank of America. Get the...

Investments
Northwestern Mutual Life Insurance Launches VC Fund To Invest In FinTechs
January 13, 2017

In an effort to expand its digital offerings, Northwestern Mutual Life Insurance has reportedly created a $50 million corporate venture capital fund designed to back startups in the FinTech market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
AI FinTech Kasisto Grabs $9.2M In Funding
January 12, 2017

FinTech startup Kasisto, which focuses on artificial intelligence (AI) used in smartbots, announced a $9.2 million Series A funding round Thursday (Jan. 12) that was led by Propel Venture Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...