Sections
investments
-
2.2KAppleInfluential Apple Analyst: iPhone Demand Lower Than Expectations
Apple took a hit late last week after Ming-Chi Kuo, the closely followed Apple analyst at TF International Securities, warned that demand...
-
3.2KInvestmentsTransferGo Raises $17.6M For X-Border Payments
TransferGo, an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a...
-
1.7KB2B PaymentsFormosa, CoolBitX Partner On Crypto-Asset Treasury Management
Formosa Financial, a treasury management system for organizations to manage their crypto assets, is collaborating with CoolBitX, a blockchain security company, a...
-
2.2KB2B PaymentsNewly Funded B2B Startups Get Creative With Enterprise Data
B2B startups are increasingly building themselves on top of troves of enterprise data, uncovering new ways to unlock and aggregate information across...
-
1.6KInvestmentsAccess Fintech Gets $17.5M From Big Banks To Grow Trade Risk Tech
Israeli startup Access Fintech has received $17.5 million in venture capital funding from Goldman Sachs, JPMorgan Chase, Citigroup and Credit Suisse. Access Fintech has...
-
1.6KInvestmentsYamaha Invests $150M In Grab’s Motorcycle Service
Southeast Asia ride-hailing company Grab has received a $150 million investment from Yamaha Motor Company, according to reports. Grab, which recently bought out Uber...
-
1.5KAppleSince 1980, Apple Shares Have Jumped 43,000 Pct
Apple’s stock is up more than 43,000 percent since its IPO in 1980. The tech giant first listed its shares on public...
-
2.1KBankingGermany Pushes For Commerzbank, Deutsche Merger
The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. According to Bloomberg, sources have revealed...
-
1.5KRetailDrizly Notches $34.5M In Investments
In a new round of funding, online alcohol delivery service Drizly reportedly notched $34.5 million in investments per a U.S. Securities and...
-
3.3KB2B PaymentsOweMe Lands Seed Funding For Blockchain Trade Finance Platform
Supply chain financing startup OweMe has landed seed funding from pi Ventures, TechCircle reported on Tuesday (Dec. 11). Investors provided $1 million...
-
2.9KFintech InvestmentsWhat’s Behind Plaid’s $2.65B Valuation
One in every four consumers in the U.S. has touched this product. Some of them do so when they register their bank...
-
2.7KInvestmentsCarvana Rival Vroom Raises $146M For Used Car Platform
Online auto retailer Vroom has announced a $146 million Series G funding round led by AutoNation. L Catterton, General Catalyst Partners, Fraser McCombs...
-
2.1KInvestmentsShopKeep Closes $65M Growth Round
ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt...
-
2.1KInvestmentsSouth Korea Payment App Toss Raises $80M
South Korean company Viva Republica, which is behind the payment app Toss, has become the country’s fourth unicorn startup after raising an...
-
3.1KInvestmentsSoftBank Vision Fund Investments Flirt With $100B
The SoftBank Vision Fund inched closer to its $100 billion target thanks to billions of dollars in tech investments around the world....
-
3.1KRidesharingUber Eyes 2019 IPO
Uber is moving ahead with its initial public offering, filing paperwork with the Securities and Exchange Commission in the U.S. last week....
-
3.2KBitcoinBitcoin Daily: Venezuelan Petro Oil Sales To Begin In 2019; Retail Investors Flee Bitcoin’s Fluctuations
Venezuela is finally getting ready to transition to the petro for oil sales next year. Last year, the country launched its own cryptocurrency...
-
2.6KB2B PaymentsWhat Corporate Finance Tech Adoption Will Look Like In Two Years
It’s that time of year again, when experts muse and analysts forecast for the year (and years) ahead. In corporate finance, the...
-
1.8KB2B PaymentsCorcentric Lands Financing For M&A Expansion
Procurement and financial process automation firm Corcentric announced a new credit facility that it secured as it prepares to invest in expansion....
-
2.3KBitcoinBitcoin Daily: Overstock Subsidiary Puts $2.5M In ‘GrainPay’; US Govt Works To Make Crypto Transactions Transparent
Cryptocurrency exchange ErisX announced that it has raised $27.5 million from investors, including Fidelity Investments and Nasdaq Ventures. The exchange is set...
-
2.1KNewsFive At Five: Apple’s 5G Delaying Plan
Welcome to the Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest on...
-
3.4KInvestmentsForeign Startups Receive Fresh Capital From Chinese VCs
China’s venture capitalists have started to take an interest in foreign startups in an attempt to find the next tech unicorn. “China’s...
-
3.3KSecurity & FraudHow OfferUp Works To Safeguard Both Buyers And Sellers
Digital marketplaces have become beloved by buyers and sellers — and fraudsters. Nick Huzar, CEO of OfferUp, says most current authentication standards...
-
2.8KBitcoinBitcoin Daily: Bitcoin Hits Seven-Year Low In Nov; Intel Patent Eyes Energy Efficient Crypto Mining
Bitcoin just had its worst month in seven years, dropping nearly $2,400 in price. According to Coindesk, the crypto started November at...
-
2.9KB2B PaymentsStartups (And Their Investors) Offer Enterprise Processes A Digital Overhaul
With more than $370 million raised by B2B startups this week, investors are showing their support for companies that help other businesses...
-
1.4KBrexitBrexit Spooks Investors In Mall Landlord Intu
Although a Brexit deal is in the works, three companies have backed out of a potential £2.9 billion buyout of mall landlord Intu...
-
2.0KRisk ManagementChinese Finance Head: FinTech Boom ‘A Very Big Risk’
President of Chinese financial investment platform Phoenix Finance believes the nation’s FinTech companies pose “a very big risk.” Vince Zhang spoke at...
-
4.1KSecurity & FraudOfferUp CEO On Making Marketplace Authentication Smarter
The world is constantly getting faster. As a result, the speed of commerce and payments is coming closer to real time. This...
-
2.7KInnovationQualcomm Launches Fund For On-Device AI
Qualcomm, a wireless technology company based in San Diego, has launched the Qualcomm Ventures AI Fund, with a plan to invest up...
-
2.8KB2B PaymentsCryptocurrency Auditions For Role In Hollywood’s Financial Supply Chain
The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing...
-
2.6KB2B PaymentsNot All SMBs Are Open To Open Banking
Despite any possible reservations early on, large financial institutions (FIs) now appear to be going all in on Open Banking, with plans...
-
2.9KSecurity & FraudDell Reset All Customer Passwords After Attempted Data Hack
Dell announced that it reset passwords for all accounts on its online electronics store after it stopped hackers from trying to steal customer...
-
1.5KRidesharingGO-JEK Rolls Into Singapore
Indonesian ride-hailing startup GO-JEK is getting set to launch a preliminary version of its ride-hailing app in Singapore this week, taking on...
-
3.2KB2B PaymentsDeskera Launches B2B eCommerce Portal, Raises $60M
Deskera has secured an investment of more than $60 million from Jungle Ventures and other backers in support of its small business...
-
4.2KRidesharingSay Goodbye To Ridesharing As We Know It
For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts,...
-
4.1KB2B PaymentsGeek+ Raises $150M For Supply Chain Robotics
Beijing-based Geek+ has raised a $150 million investment round for its robotics technology, designed to enhance supply chain management and logistics. Gigabit Magazine...
-
2.2KB2B PaymentsSage’s Cloud Migration To Slow Growth, Says New CEO
U.K. small business (SMB) accounting software firm Sage is anticipating a slowdown in growth as it focuses on its migration to the...
-
3.4KBitcoinBitcoin Losses Spotlight Bear Case For Cryptos
A more than 30 percent drop in bitcoin prices last week ranks up there in terms of worst-ever one-week declines. There are signs,...
-
3.9KDigital PaymentsIs India’s ATM Disappearing Act A Digital Payments Boon?
Half of India’s ATMs may be shuttered in the next few months amid high compliance costs. Will that open the door even...
-
3.0KInvestmentsCareem Aims To Raise As Much As $200M From Chinese Investors
Careem, the leading ride-sharing rival to Uber in the Middle East, is aiming to raise between $100 million and $200 million. According...
-
2.9KB2B PaymentsPlastiq Lands Funding For Tool Broadening SMBs’ Use Of Cards
FinTech startup Plastiq has announced a $27 million venture capital funding round for its solution that lets businesses and consumers make payments with...
-
4.0KB2B PaymentsRobotics Process Automation Rakes In The VC Cash
In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a...
-
2.9KInvestmentsStandard Cognition Raises $40M To Take On Amazon Go
Standard Cognition, which provides AI-powered autonomous checkout solutions for brick-and-mortar retailers, announced it has raised $40 million in Series A funding, bringing...
-
3.9KInvestmentsBerkshire Spends $4B For Stake In JPMorgan Chase
Berkshire Hathaway, the Omaha, Nebraska conglomerate owned by Warren Buffett, spent $4 billion in the third quarter for a stake in JPMorgan...
-
4.7KInvestmentsMastercard Leads Investment In Mobile FinTech Mobeewave
Contactless payment company Mobeewave announced the closing of a $16.5 million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay...
-
4.0KEarningsUber Loses $939M In Q3
Uber’s Q3 2018 financial results show that the company’s net losses increased 32 percent to $939 million quarter over quarter. On an earnings...
-
3.9KInvestmentsInstacart Raises $271M On $7.8B Valuation
Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. A source...
-
3.0KB2B PaymentsB2B Startups Welcome Another Unicorn With TripActions Funding
It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools....
-
4.3KArtificial IntelligenceNEW REPORT: Buzz Vs Reality — Measuring The AI Gap In Payments And Banking
Let’s play buzzword bingo: “AI” is so abuzz right now, it’s positively ablaze. However, does its usage live up to the label...
-
2.9KNewsFive At Five: France Aims To Tax Big Tech
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest European push...
