Search Results for: Beacon Venture Capital

Capital Ideas: Lou Kerner on Challenges Facing Web3/AI Incubators

Navigating the Future of Innovation with Lou Kerner: Insights from CryptoOracle Collective In a recent episode of Capital Ideas, hosts Nick Morgan and Dara Albright welcomed Lou Kerner, founder of the CryptoOracle Collective and Crypto Mondays. The discussion delved into the challenges and opportunities facing… Read More

OKX Ventures Announces Investments in Consumer-Focused Products from Web3 Venture Studio EVG

Digital asset firm OKX‘s investment arm OKX Ventures has announced a strategic investment in four consumer-oriented products from Web3 venture studio EVG. According to a blog post by OKX, these reportedly “include multi-chain SocialFi infrastructure Open Social Protocol, decentralized collaboration network Zeek, strategy card game… Read More

Capital Ideas With Omi Bell of Black Girl Ventures On Empowering Underrepresented Entrepreneurs

On the latest episode of Capital Ideas, an interview series hosted by Nick Morgan and Dara Albright of Investor Choice Advocates Network (ICAN), Omi Bell, the CEO of Black Girl Ventures, shed light on the critical challenges faced by black and brown female entrepreneurs in… Read More

B2B Payments Fintech Nium Secures $200M via Series D led by Riverwood Capital, Advised by FT Partners

Nium, an established B2B payments platform, reveals that they’ve acquired $200+ million through a Series D round that was led by Riverwood Capital – a U.S.-based “high-growth” technology investor. Temasek, Visa, Vertex Ventures, Atinum Group of Funds, Beacon Venture Capital, Rocket Capital Investment, and various… Read More

RCS Capital Corporation Unveils 3rd Quarter Results as Massachusetts Securities Regulator Alleges Fraud

RCS Capital Corporation (NYSE: RCAP) announced financial results for the quarter ending September 31st. Q3 EPS was stated at $0.10.  This missed analyst expectations by $0.03/share.  Revenue for the quarter stood at$589.6 million or, excluding $48.7 non-cash revenue, $540.9 million. The release comes on the heal’s… Read More

Singapore: Fintech Startup BondbloX Raises $6 Million in Series B Funding

BonEvalue Pte Ltd (BondbloX), a Singapore-based fintech startup that provides easy access to bonds for investors, has secured $6 million in a Series B round. The funding round was backed by Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank. Existing shareholders MassMutual Ventures… Read More

InstaReM Banks First $20 Million of Series C Funding

InstaReM, a Southeast Asian payments company, has closed on the first $20 million of a $45 million series, according to a report from the company. InstaReM claims to be funding one of the largest Series C rounds for a Fintech in Southeast Asian history. The… Read More

Bitcoin Mining Firm Marathon Digital Increases 2024 Hash Rate Target to 50 Exahash

Marathon Digital Holdings, Inc. (NASDAQ:MARA), which claims to be one of the world’s largest publicly traded Bitcoin miners and a firm focused on supporting and securing the Bitcoin ecosystem, announced that the company is “increasing its hash rate target for fiscal year 2024 from 35-37… Read More

Bitcoin Mining Firm Marathon Digital Appoints Manoj Narender Madnani as MD for EMEA Region

Marathon Digital Holdings, Inc. (NASDAQ:MARA), which claims to be one of the world’s largest publicly traded Bitcoin miners and a key player focused on supporting and securing the Bitcoin ecosystem, announced the appointment of Manoj Narender Madnani as Managing Director for the EMEA Region, where… Read More

Investment Crowdfunding Trends in the US: Report

  Crowdfund Capital Advisors (CCA) has published a new report that investigates trends in online capital formation under Reg CF (Regulation Crowdfunding). CCA was co-founded by the creators of the JOBS Act – the legislation that legalized investment crowdfunding. While the bill was signed into… Read More

Financial Inclusion: Elphinstone to Transform Pakistani Investing with Seamless USD Accessibility

In the “bustling” landscape of Pakistan, Elphinstone claims that it stands as a beacon of financial empowerment, offering “a gateway for the country’s burgeoning middle class to unlock their financial potential.” Co-founded by Farooq Tirmizi and Uzair Mahmud in 2020, Elphinstone addresses a critical pain… Read More

Blockchain: Deepcoin Labs Secures Trading Registration, Launches $10m Fund for Web3 Projects

Deepcoin Labs, a venture capital firm with a specialization in blockchain, cryptocurrencies, and digital assets, has been granted the “Proprietary Trading in Crypto-commodities” registration by the Dubai Multi Commodities Center (DMCC). This recognition coincides with the unveiling of a $10 million fund, explicitly earmarked to… Read More

Payments Fintech Nium Opens New Europe HQ in London

Global payments fintech player Nium has inaugurated its European headquarters in London, signifying its robust commitment to enhancing its European presence and recognizing the UK as a paramount fintech nexus. Originally founded in Singapore in 2014, Nium has revolutionized the manner in which businesses facilitate… Read More

London’s Playter to Offer Up to £1M Per Year in Funding to UK SMEs

London-based start-up Playter is taking the BNPL space “by storm,” as they announce an increase in the amount of funding SMEs can access through their growth platform, “reducing business owners’ burn rates, increasing runway, and freeing up capital.” Up until now, Playter could offer up… Read More

Regtech SteelEye Raises $21 Million Series B

Regtech SteelEye, a London-based firm, has raised a $21 million Series B round led by Ten Coves Capital, according to the firm. Other investors in the round include; Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and apparently “a large family office.” In total,… Read More

AppWorks, Southeast Asia’s Accelerator and VC Firm, Makes New Appointments

  AppWorks, a venture capital firm and accelerator in Greater Southeast Asia, has announced a series of institutional and organizational developments “in tandem with a number of key internal promotions.” As part of its organizational upgrades, AppWorks has “established new arms that encapsulate the firm’s… Read More

Internet Computer Source Code Now Publicly Available, Supported by CHF 200 Million Program Announced by DFINITY

The Internet Computer’s source code is now available publicly. As noted in an update from its developers, the code “details the technical designs, novel protocol math, and cryptography behind the decentralized computing network.” Back in 2016, the DFINITY Foundation had started on its mission to… Read More

Nova Credit Teams Up with TransUnion to Serve Canada’s Creditworthy Newcomers: Applies Foreign Credit Score to New Home

Nova Credit, based in San Francisco and backed by Index Ventures, First Round Capital, NYCA and Core Innovation Capital, has partnered with Transunion to serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history…. Read More

Autumn Budget 2017: Feedback from Alternative Finance

Many people are still sorting through the various proposals announced by Chancellor of the Exchequer Philip Hammond during the Autumn Budget statement from the past week. Parsing through the nuances of the many policy pronouncements is an annual affair. So what is in the Budget… Read More

Brief: Thai Kasikorn Bank $30M Global Fintech Fund Sets Sail

Thailand’s Kasikorn Bank has launched a $30 million fintech fund to invest in startups across South East Asia as well as Europe and China. The KBank Beacon fund aims to undertake up to five deals per year, with investments ranging from $500,000 to $3 million, according… Read More

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