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investments
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4.5KB2B PaymentsAirbnb’s Business Travel Investment Leads B2B Funding For The Week
The big news in B2B FinTech investment this week came from Airbnb, which is bolstering its presence in the business travel market...
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1.8KInvestmentsDigital Health Investments Fall 19 Pct In Q1
A new report has revealed that investments in digital health startups fell 19 percent in the first quarter of 2019. Data from...
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2.3KInvestmentsUber’s Self-Driving Unit Valued At $7.25B
Uber is working on an investment deal that would value its self-driving unit at $7.25 billion. Citing two people familiar with the...
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3.1KInvestmentsPayfone Nabs $24M In Funding; Partners With TransUnion
Payfone announced that it has secured a $24 million funding round, led by TransUnion. The funding also included participation from existing investors...
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2.5KB2B PaymentsPilot’s Human/Tech Combo Takes On SMB Back-Office Frictions
Multinational conglomerates, mom-and-pops, sole traders — businesses of all sizes across all industries must manage the books. More often than not, accounting...
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2.4KBitcoinBitcoin Daily: Electrum Hackers Steal $4M With Bitcoin Phishing; US Crypto Startup Chainalysis Raises $6M
eToroX — the blockchain division of social trading platform eToro — is launching a new cryptocurrency-only exchange desk for pro traders that...
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5.8KPayments InnovationIs Uber Next Decade’s Trillion-Dollar Platform?
Uber filed its S-1 last Thursday (April 11), two weeks after Lyft went public. By close of business on Friday, Lyft’s stock...
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4.2KInvestmentsPayment Co. Nexi’s IPO Raises $2.3B
Digital payment company Nexi has raised $2.3 billion in its initial public offering (IPO), making it the largest European IPO this year...
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2.4KInvestmentsExtend Raises $11M To Arm Businesses With Virtual Cards
FinTech startup Extend announced it has raised $11 million in Series A financing, as it tries to capitalize on interest in virtual...
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795InvestmentsKeyMe Raises $50M In Growth Funding For Key Duplication Kiosks
KeyMe, the robotics and artificial intelligence (AI) company catering to the locksmith industry, announced on Wednesday (April 10) that it raised $50...
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3.0KBitcoinBitcoin Daily: Facebook Eyes $1B For Stablecoin Project; Bitstamp Secures NY License
Andy Pag, founder and coordinator of Mt. Gox Legal, announced that he is stepping down from his position at the end of...
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2.9KInvestmentsSoftware Co RiskLens Raises $20M To Mitigate Cyber Risk For Businesses
RiskLens, a cyber risk management software company, has raised $20.55 million in a series B funding round, according to reports. The...
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2.8KInvestmentsGrab Gearing Up To Raise $2B More This Year
Grab, the Southeast Asia ride-hailing company, is gearing up to raise an additional $2 billion in funding during 2019 to bankroll its...
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5.5KRetailWhat ‘The Simpsons,’ Art And Millennials Have In Common
The art world can be a strange place. While this is a fact well-known to art collectors, even non-collectors got a taste of just...
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3.4KGlobal PaymentsBharatPe Notches $15.5M In Funding; Eika Group Teams With EedenBull
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the $5 million Series A raise of...
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5.7KB2B PaymentsPayPal’s Blockchain First; Mastercard’s B2B FinTech Unicorn
This week’s B2B venture capital funding rounds were particularly focused on the enterprise cybersecurity space, though B2B payments caught the attention of...
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3.0KDeliveryGrubHub To Continue To Invest In Future Despite Investor Concerns
GrubHub Chief Executive Matt Maloney plans to continue investing money in the company in an effort to stand out from the crowded...
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2.9KInvestmentsTelecom Reliance Jio Backs Indian Virtual Assistant Startup
Telecom firm Reliance Jio announced that it has acquired a majority stake in startup Haptik, which develops “conversational” platforms and virtual assistants...
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4.7KInvestmentsTencent Buys Stake In Chinese eCommerce Co Youzan
Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. According to DealStreetAsia, the deal will give Tencent...
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3.4KInvestmentsMicrosoft-Backed Cybersecurity Co Aqua Raises $62M
Aqua Security announced that it has closed a Series C investment round of $62 million, led by Insight Partners. The company’s existing...
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3.3KBitcoinBitcoin Daily: Elon Musk’s Favorite Crypto; Liquid.com Secures $1B Valuation
It looks like Elon Musk has a favorite cryptocurrency. “Dogecoin might be my fav cryptocurrency. It’s pretty cool,” Musk tweeted on Tuesday (April...
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3.5KInvestmentsCustomer Data Startup Segment’s Value Balloons To $1.5B
Segment, a data collection startup that helps companies manage customer data, has raised $175 million in funding, according to a report by...
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2.2KRetail1stdibs Notches $76M In Funding Round
With a Series D round under its belt, the New York-based high-end marketplace 1stdibs has notched $76 million in funding. T. Rowe Price...
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2.9KRetailOnline Grocer BigBasket Raises $150M For Expansion
BigBasket, India’s biggest online supermarket, is in the process of raising about $150 million in funding from investors including Alibaba. South Korean...
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4.5KB2B PaymentsLogistics Scores Another Unicorn For B2B Startups
Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba, but it...
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3.2KRetailCasper Sleep Raises $100M For Unicorn Status
Online mattress retailer Casper Sleep has joined the unicorn club after raising $100 million in funding at a $1.1 billion valuation. According...
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3.4KB2B PaymentsWeWork Remains Bullish Amid $1.9B In Losses
On-demand workspace startup WeWork has secured significant funding from investors and has aggressive plans for global expansion, but the company’s losses are...
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4.0KInternationalFrance, Germany And EU Want China To Play Nice
The European Commission, along with France and Germany, are calling on China to open its domestic market more to foreign companies. According...
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3.8KB2B PaymentsSoftBank Leads $413M Round For Delhivery’s Logistics Tech
India-based logistics startup Delhivery has secured $413 million in new funding, reports in The Times of India said on Monday (March 25),...
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5.1KB2B PaymentsKyriba Investment Lands Bridgepoint With Majority Stake
Private equity firm Bridgepoint is reportedly readying an acquisition of treasury management technology firm Kyriba, according to Private Equity News reports on...
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2.5KInvestmentsNaspers To Create, List New Internet Company To House Tencent Stake
Naspers, the South African company, is gearing up to spin off and list its Amsterdam internet assets in a new group that will...
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2.4KInvestmentsAbu Dhabi To Invest $272M In Tech Startups
Abu Dhabi said Sunday (March 24) that it will invest as much as $272 million to go toward technology startups, reported Reuters....
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4.9KB2B PaymentsVC FinTech Funding Sets Sights On ‘Alternative’ Data
If data makes the world go ’round, so, too, does it garner investor interest, as evidenced by venture capital and other investors’...
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8.1KInnovationWhy FIs’ Top Performers Let Others Take The Lead In 2018
Top Performing financial institutions (FIs) understand that success may not always be about speed, but timing is often paramount. In fact, they make...
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6.7KB2B PaymentsVodafone To Profit Off Late Payments
Vodafone Group has invested in a fund that makes money by paying suppliers late. The company invested €1 billion ($1.1 billion USD) into the €2.4...
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5.9KB2B PaymentsReport Finds CEO Pay Rises After Data Breach
A new research report from Warwick Business School at the University of Warwick has found evidence that corporate cyberattacks lead to higher...
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3.1KInvestmentsUber’s Self-Driving Car Unit In Talks To Raise At Least $1 Billion
Uber’s self-driving vehicle unit is in talks with investors about raising $1 billion or higher in an effort to position itself for...
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4.3KInternationalNaspers Earmarks $1B For Indian FinTech Investments
Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments...
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4.1KBitcoinBitcoin Daily: Overstock Invests In Blockchain Banking Co; Ripple Gets Into Blockchain Gaming
The Malta Financial Services Authority (MFSA) announced it is integrating CipherTrace’s Compliance Monitoring product to “protect consumers, investors and business partners.” The...
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3.2KGlobal PaymentsAliExpress To Let Shoppers Use M-Pesa; CreditDigital Notches £2 Million Investment
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Safaricom’s deal to let shoppers pay...
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2.6KInvestmentsWaymo Seeks Funding To Boost Valuation
Waymo is looking to raise outside capital for the first time to boost its valuation past that of Cruise, the General Motors-owned...
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2.9KInvestmentsChina’s Mofang Raises $150M In Latest Round Of Funding
Mofang Apartment, the Chinese startup that provides institutional rental apartments, has raised $150 million in venture funding. According to a report in...
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4.1KB2B PaymentsCorporates Keep Coffers Open To Blockchain
Businesses continue to invest in blockchain technology as more service providers, particularly in the finance arena, pull their distributed ledger innovations out...
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6.6KBankingJPMorgan To Combine Middle-Market Tech, Emerging Growth Banking Units
JPMorgan Chase & Co is melding its middle-market technology and emerging growth commercial banking units to better deal with startups that become...
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5.2KBankingDeutsche Bank, Commerzbank Ramp Up Merger Talks
Deutsche Bank and Commerzbank seem to be getting closer to a merger as informal talks between the two are heating up. Citing...
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4.0KInvestmentsBritish Banks Aim To Invest In Women-Led Businesses
A government-funded report in Europe said a lack of available capital for women in the country was “holding the U.K. back.” The...
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4.8KBitcoinBitcoin Daily: JPMorgan Trials Ethereum Tech; Japan Sees Rise In Crypto Money Laundering
JPMorgan Chase is testing out a zero-knowledge privacy solution called AZTEC. Developed by a London startup of the same name, AZTEC offers...
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2.6KAmazonEx-GM EVP Finds A New Home At Amazon
Amazon has hired General Motors‘ (GMs’) executive vice president of global manufacturing. Citing sources familiar with the matter, The Wall Street Journal (WSJ) reported...
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5.1KPartnerships / AcquisitionsUber Reportedly Close To Buying Competitor Careem
Ride-hailing and food delivery app Uber is reportedly in “advanced” talks to buy Careem, a Dubai-based rival, according to reports. The deal...
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2.3KEconomyUS Economic Growth In 4Q Not As Bad As Expected
With the tax cut in the rear window, the growth in the U.S. economy slowed to an annual rate of 2.6 percent...
