Stock trading app Robinhood, which offers no-fee trading, is relaunching a checking feature called Cash Management after it was previously shelved due to regulatory issues. As reported on Tuesday (Oct. 8), the feature will enable customers to earn 2.05 percent APY on any money in...
Analysts are starting to weigh in on the mounting damages SoftBank could incur after such mishaps as WeWork and Uber, Bloomberg reported on Monday (Oct. 7). SoftBank’s Chief Executive Officer Masayoshi Son may have led the global technology conglomerate to some $5.4 billion in losses,...
Silicon Valley tech startup Neighborly is having money woes and can’t make payroll, Bloomberg reported on Monday (Oct. 7). Anticipated funding did not close and the firm’s chief executive officer Jase Wilson told employees to stop working, according to a memo obtained by Bloomberg. “As...
So far, the CEO of SoftBank Group Corp. isn’t impressed with his accomplishments at his company. “The results still have a long way to go, and that makes me embarrassed and impatient,” said Masayoshi Son in an interview, according to Bloomberg. “I used to envy the...
Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release on Monday (Oct. 7). The SBI Group, which is based in Japan, and Europe-based Augmentum led the round. Tide will use the capital...
India-based hotel and booking startup OYO announced a $1.5 billion funding round led by founder Ritesh Agarwal, SoftBank’s Vision Fund, Lightspeed Venture Partners and Sequoia India, Bloomberg announced on Monday (Oct. 7). Agarwal, who founded OYO in 2013, will triple his interest in the firm...
Barn2Door has revealed that it raised a $3.4 million investment round led by Lead Edge Capital, with participation from Global Founders Capital and other investors. The startup, which creates eCommerce software for farmers, has now raised more than $4.5 million, with investors also including Sugar...
Vista Equity Partners is reportedly thinking about selling a stake in London-based FinTech Finastra. Bloomberg is reporting that the sale could value Finastra at $10 billion with debt included. Vista is collaborating with Goldman Sachs to look for companies that might be interested in buying....
Zomato is in talks with Chinese payments giant Ant Financial to lead a $600 million funding round for the delivery company, according to a report by the Financial Times. Ant has its hands in other Indian companies, like Paytm and Paytm Mall. Zomato could help...
