If the world of cryptocurrencies is relatively nascent, unformed, without a clear roadmap … guess what else is equally opaque? Tax policy. Specifically, as Fortune points out, some of the biggest investors in the sphere are scratching their proverbial heads, wondering how much is owed...
Overstock shares jumped as much as 21 percent after the retailer announced that Hong Kong private equity firm GSR Capital is investing up to $270 million into Overstock’s blockchain subsidiary tZERO. As part of the deal, GSR Capital will also purchase $30 million in tZERO...
letgo, the app to buy and sell locally, announced Wednesday (Aug. 8) that Naspers invested $500 million of new capital into the company. According to a press release, $150 million was already invested in letgo earlier in the summer. The company said that Naspers invested...
Flipkart, the India eCommerce player, has reportedly invested ₹452 crore ($66 million USD) into PhonePe, its payments unit. According to a report in DealStreetAsia, the investment comes as PhonePe is in expansion mode, and as it tries to take on Paytm, the digital payments company...
Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners and Tusk Ventures participated in the funding round as well. Battery Ventures General Partner Itzik Parnafes will join...
Even Financial, a FinTech company focused on the consumer financial services ecosystem, announced on Tuesday (Aug. 7) that it raised $18.8 million in venture funding. In a press release, Even Financial said the Series A round of funding was led by GreatPoint Ventures. Other investors...
If money is a vote of confidence, via investments, then confidence is strong in the tech sector, and specifically for FinTechs. But there can be a sea change afoot that can mix things up a bit. The way it will go? Nobody knows, not really. KPMG...
Software-as-a-Service (SaaS) platform Teamleader has closed $22 million in Series C funding, led by Keen Venture Partners, with participation from PMV and current investors Fortino Capital and Sage Capital. The Belgium-based company says it serves nearly 10,000 customers in six countries, easing small businesses (SMBs) into...
Human resources (HR) and benefits software platform Namely has found a new CEO — and $60 million in venture capital (VC). According to New York Business Journal, Elisa Steele is the New York-based company’s new CEO, replacing Matt Straz. Steele was previously president and CEO...
