Investments

Investments
Startup Riskified Wants $200M To Fight eCommerce Fraud
April 08, 2019

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. Riskified, which was founded in 2013 and is based in Tel Aviv, is potentially considering going public, possibly by 2020....

Investments
Software Co RiskLens Raises $20M To Mitigate Cyber Risk For Businesses
April 08, 2019

RiskLens, a cyber risk management software company, has raised $20.55 million in a series B funding round, according to reports.   The round was led by Paladin Capital, and MassMutual Ventures, F-Prime Capital, Dell Technologies Capital and Osage Venture Partners all participated. The funding follows...

Investments
FinTech Branch Raises $170M, Partners With Visa
April 08, 2019

Branch, the popular finance app in Africa, announced on Monday (April 8) that it has inked a partnership with Visa and raised $170 million in venture funding led by Foundation Capital and Visa. In a press release, Branch said the partnership is a natural fit, as the...

Investments
Kabbage Raises $700M For SMB Lending
April 08, 2019

Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online lending platform to date for $700 million. In a press release, Kabbage said the most senior class of the five-tranche...

Investments
Grab Gearing Up To Raise $2B More This Year
April 08, 2019

Grab, the Southeast Asia ride-hailing company, is gearing up to raise an additional $2 billion in funding during 2019 to bankroll its expansion. Reuters, citing an interview with Grab Chief Executive Anthony Tan, reported the $2 billion potential fundraising effort comes weeks after it raised...

Investments
Teacher-Focused Homebuying Startup Lands $7.5M
April 08, 2019

A startup called Landed that helps teachers buy houses has raised $7.5 million in a Series A funding round, according to reports. Landed helps teachers with down payment assistance, and wants to make sure that teachers don’t leave their jobs because they can’t find stable housing...

Investments
Tandem Launches Fundraising For Expansion Plans
April 05, 2019

Startup bank Tandem is trying to secure a new investment to help its plans for overseas expansion. Citing sources close to the bank, Financial Times reported that Tandem is in early talks with investors in hopes of securing funds within the next three months. A...

Investments
Telecom Reliance Jio Backs Indian Virtual Assistant Startup
April 05, 2019

Telecom firm Reliance Jio announced that it has acquired a majority stake in startup Haptik, which develops “conversational” platforms and virtual assistants for corporations. The transaction, worth $100 million, gives Jio an 87 percent stake in the company, with the remaining shares going to Haptik’s...

Investments
Millennials Dump Tesla Stock
April 05, 2019

Millennials have been unloading Tesla shares a week before the company revealed disappointing Q1 delivery numbers. The company’s Q1 report sent shares falling by more than 8 percent on Thursday (April 4), according to Markets Insider. Tesla is down nearly 20 percent so far this year....