A shortened week in the United States due to the Martin Luther King holiday brings trading back today (Jan. 17), and as the earnings season begins to pick up, last week showed a bit more even keel than previous sessions. The names were fairly evenly...
German and Israeli anti-fraud technology startup Fraugster is working to make fraud detection smarter. The startup recently raised $5 million in a venture funding round led by international venture capital fund Earlybird, along with existing investors Speedinvest and Seedcamp. Founded in 2014, Fraugster has developed...
Two hours into the trading day, bank stocks are helping to lift the markets, leaning in part on the trio of big names in the sector that reported Friday (Jan. 13) — that would be JPMorgan Chase, Wells Fargo and Bank of America. The respective...
In an effort to expand its digital offerings, Northwestern Mutual Life Insurance has reportedly created a $50 million corporate venture capital fund designed to back startups in the FinTech market. According to a report by Reuters, the move is the latest in traditional financial firms creating venture...
FinTech startup Kasisto, which focuses on artificial intelligence (AI) used in smartbots, announced a $9.2 million Series A funding round Thursday (Jan. 12) that was led by Propel Venture Partners. The firm said that Mastercard and Commerce Ventures also participated in the investment, as did...
CompareEuropeGroup (CEG), a price comparison website in Europe, announced Wednesday (Jan. 11) it raised $21 million in funding to expand the business. According to a report by TechCrunch, the round of funding is a Series A investment and is notable because of the size and because of...
Just a few weeks after the election of Donald Trump to the United States presidency, Masayoshi Son, head of SoftBank of Japan, said his firm would invest as much as $50 billion in the U.S. That initiative remains part of a $100 billion investment fund...
In all relationships, new events are a cause for celebration. Think of anniversaries, births and graduations. But when it comes to investing, certain banner events are ultimately fraught with ambivalence and even peril, which never bodes well for market activity. Take the oh-so-near touchstone of...
Investment activity picked up for the first full week of the new year as measured against the last week of December, logging a total of just under $519 million. This time around, the B2B sector led FinTech as the area where the most funds flowed,...
