Atom Tickets, the movie ticket app, announced news on Thursday (March 8) that it closed a Series C round of funding, raising more than $60 million. In a press release, the company said the round was led by Fidelity Management & Research Company. The fresh...
Uber co-founder and former Chief Executive Travis Kalanick announced in a Twitter post that he is creating a new fund called 10100, which will house his “passions, investment ideas and big bets.” According to Kalanick, the fund will oversee his for-profit investments as well as...
BBVA, the Spanish bank, announced news on Wednesday (March 7) that it has raised its stake in Atom Bank, the U.K. digital bank. In a press release, BBVA said it’s investing about €96 million into Atom and is increasing its stake to roughly 39 percent....
The Securities and Exchange Commission, as part of its wider probe of cryptocurrency and the complex world of ICOs, is taking a sharper-eyed look at Overstock.com Inc’s sale of cryptocurrency to investors. The announcement of the SEC’s interest dropped Overstock’s share some ten percent in stock...
As it seeks to build a payment platform using the blockchain, Telegram Group Inc. is tripling the price of coins in its initial coin offering (ICO). Overall, the offering could raise more than $2.5 billion, Bloomberg reported. According to two anonymous potential investors, the coins –...
Bill Gates took on cryptocurrencies and the future of transportation in an ask me anything (AMA) session on Reddit. And, while he believes innovations in transportation have positive implications, he has reservations over cryptocurrency. In the post, Gates said the main feature of cryptocurrencies is...
Go-Jek, the delivery and ride-hailing company located in Indonesia, has raised $1.5 billion in venture capital funding. According to news from Reuters, Go-Jek raised $1.5 billion from investors that included BlackRock and Google. The funding total was higher than the $1.2 billion the company was hoping...
Moxie announced Wednesday (Feb. 21) that it is launching the Signal Foundation with the support of Brian Acton, the co-founder of WhatsApp, who is investing in the new non-profit. In a blog post, Moxie said that Acton is investing $50 million in the foundation to...
Even Financial announced news on Tuesday (Feb. 20) that it received $3 million in a strategic investing round, with participation from American Express Ventures, the strategic investment unit of American Express. The financial services company said Amex was joined by Plug & Play and Arab...
