Albert, the money saving app, has recently closed on a $2.5 million round of seed funding. According to a report by TechCrunch, the VC funding came from Bessemer Ventures Partners, CFSI (Center for Financial Services Innovation), 500 Startups and 500 Fintech. Other unnamed VCs also took part in...
The U.K. is already a hotbed of FinTech startups, but the government is getting behind it in a bigger way, committing to invest £500,000 a year into financial technology companies. According to a report, the U.K. government is also gearing up to launch a network...
Germany stock exchange Deutsche Börse has participated in a funding round for local FinTech startup figo, reports said Wednesday (Nov. 23). Figo has developed an API for banks that supports the revised Payment Services Directive (PSD2). In total, the firm’s Series B funding round yielded...
Big buys this week to start out the news. Symantec Corp has announced that it will acquire U.S. identity theft protection services company LifeLock Inc for $2.3 billion. The deal comes as Symantec is looking to bolster its Norton Software offering. Symantec’s security software often...
PeerStreet, the financial technology startup, raised $15 million in a venture capital funding round led by Andreessen Horowitz. According to a report, as part of the round of funding, Andreessen Horowitz will also join the board of PeerStreet. The latest round of funding came a little...
A recent research study revealed that the investment teams of small business investment companies (SBICs) show greater gender diversity compared to the broader private equity investment community. The study was conducted by Pepperdine University Graziadio School of Business and Management associate dean John K. Paglia,...
It’s rumored that the Snapchat IPO may hit the market as one of the biggest since 2014. In May of this year, Snapchat raised more than $1.8 billion through venture funding. Snapchat has plans to go public as soon as March 2017. They could be...
Remember interest rates? That little economic mechanism that people were worried about before Donald Trump won the presidency and stocks roared ever upward? Mind the gap — between bond prices and yields. They may be telling you something. As all are aware, yields climbed in the wake...
Twitter shares were gaining in trading Monday (Nov. 14) after Jana Partners disclosed in a Securities and Exchange Commission filing it has acquired a stake in the social media company. According to a report by Fortune, Jana Partners acquired 2.9 million shares, which, while a small...
