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startups
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2.2KBankingStudy: FIs Must Be Stronger To Prepare For Economic Slump
McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported...
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1.7KInvestmentsThiel’s $3B Fund Looks To Inject Cash Into Private Tech Cos
Billionaire investor Peter Thiel, who wrote Facebook its first check and invested heavily in SpaceX, is looking to raise almost $3 billion...
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1.8KEarningsAmerican Express Rides Higher Spending To Q3 Revenue Win
Card member spending, higher-net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer...
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1.9KB2B PaymentsInvestors Back Different Points Of The Procure-To-Pay Ecosystem
It was a week of (mostly) Series A funding rounds for B2B FinTech firms, as startups secured new funding to tackle various...
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2.0KB2B PaymentsAmex Targets Startups With Bank-Linked Cards
American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed...
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2.5KB2B PaymentsSmall Business InsurTech Finds The Next Unicorn
After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a...
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1.8KInternationalIndian Digital Startups Could Be Headed For Slump
New internet startups in India are tumbling, pointing to the possibility of an overall decline in entrepreneurship, DealStreetAsia reported on Sunday (Oct....
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4.9KInvestmentsMercury Notches $20M To Fund Startups
California-based digital bank Mercury has announced it has raised $20 million in Series A funding that will be used to build a...
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4.7KIPOSilicon Valley Investors Seek IPO Funding Substitute
Investors and attorneys from Silicon Valley are pressing for an initial public offering (IPO) alternative to help new businesses raise funds, The...
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3.3KSMBsSquare: Why We Want To Innovate Payroll For SMBs
The average SMB owners on the eve of starting their first business is a person with a passion. They have a good...
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2.5KInvestmentsFoundry Group Leads $30M Seed Funding For Matchstick Ventures
Minneapolis-St. Paul-based Matchstick Ventures raised $30 million in a second seed funding round led by Foundry Group, reports said on Friday (Sept....
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2.2KStartupsFrench Tech Startups To Get $5.5B Cash Infusion
Emmanuel Macron, president of France, has announced that institutional investors are ready to loan $5.5 billion to assist tech startups over the...
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3.2KDigital PaymentsStartups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks
As more startups penetrate the $1.5 trillion global payments market with free services, banks could lose as much as $280 billion in...
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1.9KAMLBridging The Security Gap To Win Customers’ Trust
Fraudsters are increasingly targeting mobile banking services and that’s a challenge for financial app startups that don’t have long fraud-fighting histories to...
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1.7KInvestmentsIndia’s FPL Technologies Lands $4.5M To Modernize Credit
FPL Technologies, an Indian startup that is less than a year old, has raised $4.5 million in a funding round led by...
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1.5KInvestmentsInvoice Startup Upflow Raises $2.7M
French startup Upflow, a company that wants to streamline the invoicing process for companies, help them stay organized and ensure they get...
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2.7KInvestmentseCommerce Startups Find Funding Favor In India
In India, funding activity over the past weeks headed into the end of August showed that eCommerce startups focused on home delivery...
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2.6KInnovationIsraeli PayTech Firms Team With Visa’s Tel Aviv Innovation Center
Tel Aviv’s new Visa Innovation Center is teaming up with three Israeli payment technology startups to offer more payment solutions, Reuters reported...
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3.1KStartupsSpotHero Raises $50M To Expand Digital Parking Platform
Digital parking company SpotHero has raised $50 million in a series D funding round led by Macquarie Capital, according to a release. ...
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1.8KFacebookFacebook Launches New ‘Playground’ Hub For Israeli Startups
Facebook COO Sheryl Sandberg was in Tel Aviv on Wednesday (Aug. 14) to introduce the social media giant’s “Playground” as a new...
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2.7KInvestmentsVenture Capital Disruptor Clearbanc Raises $50M
Clearbanc, a company that provides a funding alternative to traditional venture capital outfits, has raised another $50 million in an equity investment,...
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3.4KStartupsVisa, Open Combine Forces For Tech-Driven SME Banking
FinTech startup Open is partnering with global payments tech leader Visa to offer better banking options for SMEs in India. The collaboration...
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2.7KDigital BankingNubank Lands $400M To Expand Throughout LATAM
The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV, making it the first major...
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2.4KInvestmentsHome Services, Served by (Lots Of) Capital
Home services may be the next frontier in real estate — and possibly, a bit less dependent on new transactions. As noted...
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4.7KInvestmentsFOMO: The (Literal) Land Grab For Real Estate Startups
Call it groupthink, on a grand scale, to the tune of billions of dollars. Call it FOMO. But then again, YOLO. So...
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3.1KInvestmentsTrade War Slows Flow Of Cash From China To US
The flow of Chinese cash into America has fallen almost 90 percent since Donald Trump became President. The decline has impacted numerous...
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4.8KInvestmentsSoftBank Ventures Asia Notches $270M To Fund Startups
The Seoul venture capital division of Japanese multinational holding company SoftBank has raised $270 million, or 317 billion won. The new fund...
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2.3KInvestmentsChinese Grocery Delivery Startup MissFresh Seeks Funding
According to reports in Bloomberg, anonymous sources have confirmed that MissFresh, a Chinese grocery delivery startup based in Beijing, is seeking additional...
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3.5KCross Border CommerceInstaReM Launches Card Issuing Platform
Southeast Asian FinTech InstaReM, which specializes in digital cross-border money transfers and payments, has announced a new API-based digital platform that will...
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2.3KB2B PaymentsFacebook Teams With India VCs For SMBs
Facebook is collaborating with venture capitalists in India to support small businesses in the country, LiveMint reported on Wednesday (July 3). Facebook...
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3.2KRetailReinventing Pizza Powered By The LeBron Bump
Pizza is a surprisingly controversial subject — even among people who love it. New York style or Chicago; plain cheese or with...
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1.4KInvestmentsUK Fund Aims To Match US Tech Startup Investments
A fund, backed by some of Cambridge’s most well-known scientists, called Ahren Innovation Capital has raised about £200 million ($254 million USD)...
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2.7KB2B PaymentsFunding Lands T&E Firm TripActions $4B Valuation
Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding...
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1.3KPartnerships / AcquisitionsEuropean Laundry Startups Merge To Dominate UK Market
Laundry service startup Laundrapp announced that it has merged with its biggest competitor, Zipjet, to become the largest on-demand laundry service. Together,...
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2.2KInvestmentsIndia-Based Banking Startup Open Raises $30M To Help SMBs
A “neo-bank” startup called Open and based in Bangalore has raised $30 million in a Series B funding round, according to a...
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2.8KB2B PaymentsB2B Startup Investors Go After The Niche Markets
While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and...
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3.9KStartupsEquifax To Give FinTech Firms Data Access Via FinTech Sandbox
Equifax said Friday that it has entered into a joint collaboration with FinTech Sandbox in an effort to spur global FinTech innovation. ...
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1.9KB2B PaymentsBrex Propels B2B FinTech Into Investors’ Spotlights
Commercial card startup Brex captured headlines this week when it confirmed a significant funding round that propelled the two-year-old startup’s valuation to...
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GE Seeks To Unload 100 Startups From Portfolio
GE Ventures wants to sell its portfolio of more than 100 startups. Sources told CNBC the move is is designed to help parent...
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3.0KLegalExpedia Sued By Nustay Over Antitrust Claims
Online travel booking startup Nustay has filed a complaint with the European Union’s antitrust regulator, the European Commission, accusing Expedia Group and...
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2.4KInvestmentsBrex Raises $100M At $2.6B Valuation
Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of...
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3.3KB2B PaymentsLooking Beyond Alternative Lenders For Startup Financing
Post-financial crisis, FinTech shed light on the plight of small and medium-sized businesses (SMBs) seeking capital, often shunned by banks — thanks...
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1.7KB2B PaymentsLighter Capital Broadens AltFin Products For Startups
Lighter Capital, an alternative lender targeting the startup community, is adding new financing products to its offering. In a press release issued...
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3.9KInvestmentsInvestors Balk At SoftBank’s New $100B Tech Fund
SoftBank’s attempt to raise money for a second large investment fund is running into trouble, with some of the biggest money managers...
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2.1KInvestmentsStartup Funding Automator SeedLegals Raises $4M
SeedLegals, a startup that automates the funding round process for other startups, including getting rid of middlemen and saving lawyer costs, has...
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4.4KB2B PaymentsAI Leads More Than $1B In Funding For B2B Startups
The B2B venture capital (VC) train continues full steam ahead after last week’s lucrative deals. This week, investors placed more than $1...
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2.6KDeliveryAmazon’s One-Day Shipping Pledge Boosts Logistics Startups
Amazon’s announcement that it plans to inject $800 million to facilitate next-day delivery has created opportunities for logistics startups that can help...
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3.3KInvestmentsWarehouse And Logistics Startup Flexe Raises $43M
A Seattle-based startup that manages an on-demand warehouse marketplace has raised $43 million in a Series B funding round, according to reports....
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3.7KB2B PaymentsB2B FinTech Bucks The VC Slump
Business confidence remains relatively high, but the latest analysis from CB Insights found that venture capital (VC) investment took a turn for...
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3.0KInvestmentsFinancial Management Chatbot Plum Raises $4.5M
Plum, a FinTech chatbot app created to help people manage money, has raised $4.5 million in a funding round, reaching a total...
