‘Weirdo’ Fintech VC Anthemis marches to its own drummer

May 30, 2019 at 05:05PM Entering into the world of Anthemis is a bit like stepping into the frame of a Wes Anderson film. Eclectic, offbeat people situated in colorful interiors? Check. A muse in the form of a renowned British-Venezuelan economist? Check. A design-forward media platform to provoke deep thought? Check. An annual summerContinue reading “‘Weirdo’ Fintech VC Anthemis marches to its own drummer”

Fintech and clean tech? An odd couple or a perfect marriage?

May 30, 2019 at 05:04PM The Valley’s rocky history with clean tech investing has been well-documented. Startups focused on non-emitting generation resources were once lauded as the next big cash cow, but the sector’s hype quickly got away from reality. Complex underlying science, severe capital intensity, slow-moving customers, and high-cost business models outside the comfortContinue reading “Fintech and clean tech? An odd couple or a perfect marriage?”

Fintech and clean tech? An odd couple or a perfect marriage?

May 30, 2019 at 05:04PM The Valley’s rocky history with clean tech investing has been well-documented. Startups focused on non-emitting generation resources were once lauded as the next big cash cow, but the sector’s hype quickly got away from reality. Complex underlying science, severe capital intensity, slow-moving customers, and high-cost business models outside the comfortContinue reading “Fintech and clean tech? An odd couple or a perfect marriage?”

Hong Kong-based fintech startup Qupital raises $15M Series A to expand in mainland China

March 27, 2019 at 04:05AM Qupital, a fintech startup that bills itself as Hong Kong’s largest trade financing platform for SMEs, has closed a $15 million Series A led by CreditEase FinTech Investment Fund (CEFIF), with participation from returning investors Alibaba Hong Kong Entrepreneurs Fund and MindWorks Ventures, both participants in its seed round. ToContinue reading “Hong Kong-based fintech startup Qupital raises $15M Series A to expand in mainland China”

Women in FinTech Initiative

Women in FinTech Initiative Promoting diversity and inclusion are priorities for Innovate Finance and we are excited to be launching a new range of Women in FinTech initiatives in 2018/19 to extend beyond the successful Powerlist that already celebrates the achievements and talent of women across the FinTech ecosystem. That’s why we have spent timeContinue reading “Women in FinTech Initiative”

Women in Fintech

Celebrating the individuals and organisations leading change, breaking down barriers, and creating new possibilities for equal representation in the world of finance.   The percentage of female financial services industry leaders globally remains at 12% – a figure that exists despite a sizeable number of organisations claiming to have diversity initiatives. Stereotypes surrounding the typesContinue reading “Women in Fintech”

Worldline’s $8B acquisition of Ingenico’s $3B revenue would barely pay for Robinhood or Revolut’s valuations

by lexsokolin.com In the long take this week, I look at how spending $8 billion can either buy you $3 billion of revenue from Ingenico, or the private valuation of Robinhood and/or Revolut. Would you rather have a massive cash-flow machine, or a venture bet on a Millennial investing meme? To articulate this question inContinue reading “Worldline’s $8B acquisition of Ingenico’s $3B revenue would barely pay for Robinhood or Revolut’s valuations”

Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords

January 28, 2020 at 10:19AM The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored and used by companies have laid bare the holes in simple password and memorable-information-based verification systems. Today a startup calledContinue reading “Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords”

Daily Crunch: VMware completes Pivotal acquisition

December 30, 2019 at 07:19PM The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. VMware completes $2.7 billion Pivotal acquisition VMware is closing the year with a significant new weaponContinue reading “Daily Crunch: VMware completes Pivotal acquisition”

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Alpaca nabs $6M for stocks API so anyone can build a Robinhood

November 08, 2019 at 07:06PM Stock trading app Robinhood is valued at $7.6 billion, but it only operates in the US. Freshly-funded fintech startup Alpaca does the dirty work so developers worldwide can launch their own competitors to that investing unicorn. Like the Stripe of stocks, Alpaca’s API handles the banking, security, and regulatory complexity,Continue reading “Alpaca nabs $6M for stocks API so anyone can build a Robinhood”

83North closes $300M fifth fund focused on Europe, Israel

October 07, 2019 at 12:21PM 83North has closed its fifth fund, completing an oversubscribed $300 million raise and bringing its total capital under management to $1.1BN+. The VC firm, which spun out from Silicon Valley giant Greylock Partners in 2015 — and invests in startups in Europe and Israel, out of offices in London andContinue reading “83North closes $300M fifth fund focused on Europe, Israel”

India’s Darwinbox raises $15M to bring its HR tech platform to more Asian markets

September 26, 2019 at 01:30AM An Indian SaaS startup, which is increasingly courting clients from outside of the country, just raised a significant amount of capital to expand its business. Hyderabad-based Darwinbox, which operates a cloud-based human resource management platform, said on Thursday it has raised $15 million in a new financing round. The SeriesContinue reading “India’s Darwinbox raises $15M to bring its HR tech platform to more Asian markets”

ClimateTech is the new hot space for investors in a warming planet

September 24, 2019 at 12:54PM How do you attract the attention of a prince? Aside from being Meghan Markle, of course. One answer came recently in the form of Prince Harry’s backing of a new initiative designed to make offsetting the carbon from your airline flights a properly mainstream idea. For Harry, the initiative hadContinue reading “ClimateTech is the new hot space for investors in a warming planet”

Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

September 24, 2019 at 12:00PM Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at everyContinue reading “Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments”

Kabbage acquires Radius Intelligence, the marketing tech firm with a database of 20M small businesses

September 03, 2019 at 01:15PM Data is the new oil, as the saying goes, and today Kabbage — a fintech startup backed by SoftBank that has built a business around lending up to $250,000 to small and medium enterprises, using AI-based algorithms to help determine the terms of the loan — is picking up anContinue reading “Kabbage acquires Radius Intelligence, the marketing tech firm with a database of 20M small businesses”

Revolut tweaks business accounts with new pricing structure

July 24, 2019 at 06:39PM Fintech startup Revolut announced changes to its business accounts this week. The good news is that if you were thinking about trying Revolut for your business needs, it’s now cheaper to get started. But there are some limits. While Revolut is better known for its regular consumer accounts that letContinue reading “Revolut tweaks business accounts with new pricing structure”

CircleCI closes $56M Series D investment as market for continuous delivery expands

July 23, 2019 at 03:19PM CircleCI launched way back in 2011 when the notion of continuous delivery was just a twinkle in most developer’s eyes, but over the years with the rise of agile, containerization and DevOps, we’ve seen the idea of continuous integration and continuous delivery (CI/CD) really begin to mainstream with developers. Today,Continue reading “CircleCI closes $56M Series D investment as market for continuous delivery expands”

AlphaSense, a search engine for analysis and business intel, raises $50M led by Innovation Endeavors

July 17, 2019 at 11:10AM Google and its flagship search portal opened the door to the possibilities of how to build a business empire on the back of organising and navigating the world’s information, as found on the internet. Now, a startup that’s built a search engine tailored to the needs of enterprises and theirContinue reading “AlphaSense, a search engine for analysis and business intel, raises $50M led by Innovation Endeavors”

Time: Facebook’s Digital Currency Plan to Face Questions by Congress

July 16, 2019 at 02:28PM (WASHINGTON) — Facebook’s ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve. Congress begins two days of hearings Tuesday on the currency plannedContinue reading “Time: Facebook’s Digital Currency Plan to Face Questions by Congress”

Visa funds $40M for no-password crypto vault Anchorage

July 10, 2019 at 01:00PM Visa and Andreessen Horowitz are betting even bigger on cryptocurrency, funding a big round for fellow Facebook Libra Association member Anchorage’s omnimetric blockchain security system. Instead of using passwords that can be stolen, Anchorage requires cryptocurrency withdrawals to be approved by a client’s other employees. Then the company uses bothContinue reading “Visa funds $40M for no-password crypto vault Anchorage”

Grasshopper’s Judith Erwin leaps into innovation banking

July 08, 2019 at 05:01PM In the years following the financial crisis, de novo bank activity in the US slowed to a trickle. But as memories fade, the economy expands and the potential of tech-powered financial services marches forward, entrepreneurs have once again been asking the question, “Should I start a bank?” And by bank,Continue reading “Grasshopper’s Judith Erwin leaps into innovation banking”