U.S. startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 billion, marking a new all-time high. According to new data from the PitchBook-NVCA Venture Monitor, the $130.9 billion deployed surpassed 2000, which was a record-setting year....
Olo, a mobile and online food ordering platform, announced an $18 million investment by New York investment firm Tiger Global Management on Wednesday (Jan. 9). The investment was structured around equity held by long-term Olo employees, “providing an opportunity for those team members to realize...
Stocks in Mexico rose on the news that the country’s government would cut the tax rate for equity IPOs, and allow private pension funds the chance to invest in more instruments. Financial Times reported that Mexico’s IPC stock index was trading at 1.6 percent higher...
Flytrex, a six-year-old Israeli startup, has raised $7.5 million in Series B financing, according to a report in VentureBeat. The funding round was led by Benhamou Global Ventures (BGV) with additional capital from Btov. The company received $3 million in Series A funding in June...
Grabango, the Silicon Valley startup, announced Monday (Jan. 7) that it raised $12 million in venture funding. In a press release, the startup, which makes checkout-free shopping technology for existing stores, said it raised the funding through a Series A financing round that was oversubscribed....
Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in Loot, a U.K. FinTech. According to a report in Financial Times, citing Royal Bank of Scotland, Loot offers customers a current account and...
Investments on the part of China in U.S. technology startups are slowing down thanks to increased scrutiny on the part of the White House. According to a report in Reuters citing Rhodium Group, Chinese venture funding in U.S. tech startups reached $3 billion in 2018, marking...
Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Startups in the country were a part of 924 rounds of funding and...
Tokenization of publicly traded stocks – might crypto have found a use case that is global in scope? In the old days, trading of publicly listed shares would be done between the hours of 9:30 a.m. until 4:00 p.m. (and oh, remember paper-based orders?). Now it...
