Once upon a time, investors in retail stocks counted cars in parking lots, measured mall foot traffic and kept an eye out for discounts to keep track of what the marketplace really looked like. In the era of digital, that behavior has given way to...
London-based digital banking startup Monese has raised $10 million in a Series A, with investments coming from Anthemis Exponential Ventures, Korea Investment Partners and STE Capital, among others — as well as from previous investors Smartcap and Seecamp. The Series A brings Monese’s total funding...
House of Fraser, the U.K. department store operator, is making a £35 million investment in an app-only bank as a way to give shoppers a banking tool and payment means. According to a report, House of Fraser has worked with Tandem to create the app-only banking...
The rearview mirror for investing has a nice view: double-digit percentage gains for stocks, and much of that accomplished in just the last several weeks of the year. One spark to the fire, of course, came with the surprise election of Donald J. Trump to...
Snap Inc. and a handful of lesser known software companies are gearing up for IPOs in 2017 in a sign that the IPO market could finally be on the upswing. According to a report in Malay Mail, expected IPOs out of Snap, Apttus, Tintri and...
Eurozone stocks got good news on the first day of trading in 2017, which sent their shares up to a level not seen in longer than a year. According to a report in Reuters, data showcased manufacturers’ increased activity at the fastest pace in greater...
The “Facebook-Google duopoly” has crashed funding for advertising technology start-ups to five-year lows, according to reports emerging this morning. All in all, there were 343 adtech venture deals in 2016 — a 17 percent drop compared with the 414 deals made in 2015. The value of...
Axoni, the blockchain startup, raised $18 million in a Series A round of funding, with Wells Fargo and Euclid Opportunities acting as the lead investors in the round. With the $18 million, Axoni has raised more than $20 million, reported American Banker. According to reports earlier...
Danish front-end card management platform and cardholder application Cardlay, which works with banks to provide digital finance solutions as a means to compete with FinTech companies, recently announced it has raised $4 million in a funding round led by private investors. Cardlay’s card management platform...
