Investments

Investments
Samsung Invests $2.9M In French Crypto Co.
April 25, 2019

Samsung has invested 2.6 million euro (around $2.9 million) into Ledger, a French cryptocurrency company best known for its hardware wallet Ledger Nano S. French media outlet Capital was the first to report the news, and Ledger’s CEO Eric Larchevêque confirmed the report shortly after on Twitter. According...

Investments
Masthaven Gets £60M Equity Investment From Värde Partners
April 24, 2019

Masthaven, the U.K. specialist bank, and Värde Partners, a global alternative investment firm, announced Wednesday (April 24) the completion of the strategic £60 million equity investment by Värde Partners in Masthaven. In a press release, Masthaven said the agreement was previously announced in September of...

Investments
Selina Raises $100 Million In Funding For Expansion
April 24, 2019

Selina, the hospitality startup, announced Wednesday (April 24) that it raised $100 million in a round of funding. In a press release, Selina said the Series C round of funding was led by Access Industries and included participation from Grupo Wiese as well as existing...

Investments
SoftBank Invests $1B Into Wirecard
April 24, 2019

Wirecard, the German financial company, and Japan’s SoftBank Group announced Wednesday (April 24)  a deal in which SoftBank will invest about EUR 900 million in Wirecard. In a press release, the companies said the investment will come via a convertible bond mechanism. On Tuesday (April...

Investments
SoftBank Mulls Stake In Wirecard
April 24, 2019

SoftBank is considering investing in German financial company Wirecard, according to Bloomberg. The Japanese company could get as much as a 5 percent stake in Wirecard, and American depositary receipts reacted positively to the news. SoftBank has added financial advisors, and is putting together a deal...

Investments
Tencent Invests In Argentinian Mobile Banking Startup
April 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also invested in the mobile payment company. The startup’s Founder Pierpaolo Barbieri said the Chinese company would help Uala develop its...

Investments
Intellimize Raises $8M To Expand AI Platform To Offer Personalized Web Pages
April 23, 2019

Intellimize, a startup that relies on artificial intelligence (AI) to autonomously personalize web pages for visitors, raised $8 million in venture funding. The Series A funding round was led by Amplify Partners, and included participation by Homebrew, Precursor Ventures and several angel investors, according to...

Investments
Alt Thirty Six Raises $10M To Bring Digital Payments To The Pot Industry
April 23, 2019

Alt Thirty Six, a digital payment and compliance platform designed to help the cannabis industry go cashless, announced Tuesday (April 23) it raised $10 million in venture funding. In a press release, Alt Thirty Six said the funding round was led by a private equity...

Investments
Chinese Coffee Co. Luckin Files For US IPO
April 22, 2019

The Starbucks rival in China, the Beijing-based Luckin Coffee, has filed for an initial public offering (IPO) in the United States with a valuation of almost $3 billion since its last funding round, according to a report by Reuters. Luckin has set what is called...