Recently listed tech companies reportedly went through more than $12 billion in cash during 2022. And as the Financial Times (FT) reported Sunday (March 5), many of these companies are now struggling to figure out how they can raise more money amid falling share prices....
FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth in favor of profits is necessary to win back cautious investors who are more focused on unit economics now and...
Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. The funding will help cover compensation claims related to its past censured practices, according to TechCrunch. Founded in the UK in 2006, Wonga had raised...
It can be argued that one of the highest costs to expanding professional careers is that of funding student loans. Post-primary schooling can be one of the most expensive endeavors a young person or adult in continuing education can take on. In the United States...
February 23, 2023
FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth in favor of profits is necessary to win back cautious investors who are more focused on unit economics now and no longer swayed by a firm’s growth potential. But for Rob […]
March 05, 2023
Recently listed tech companies reportedly went through more than $12 billion in cash during 2022. And as the Financial Times (FT) reported Sunday (March 5), many of these companies are now struggling to figure out how they can raise more money amid falling share prices. It’s a situation that highlights the trouble non-public companies face […]
August 06, 2018
Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. The funding will help cover compensation claims related to its...
July 13, 2017
The financial services firm Revolut has garnered a $66-million funding round via Series B financing, TechCrunch reports, with a series of new and existing investors. The site reported that Index...
October 22, 2014
For the second time, Accel Partners and Balderton Capital have stayed silent about what went wrong with the the payday loans company Wonga, according to an article by techcrunch.com on Monday (Oct. 20). This...
