Tagged: charles moldow

Digital Asset Firm Coincover Raises $30M to Expand Operations

Coincover announced $30M in funding, “led by Silicon Valley’s Foundation Capital with follow-on investment from CMT digital.” The fresh capital will “accelerate recruitment, product updates, and partnerships to safeguard the crypto ecosystem – preventing, compensating, and protecting against crypto threats.” Founded in 2018 and launched… Read More

Insurtech Fairmatic Acquires $42M to “Rewrite” the Fleet Insurance Model

Insurtech Fairmatic “destealths” a unique offering that pioneers an unconventional approach to fleet insurance — “focused on enabling savings for safer fleets and improving road safety for all.” Fairmatic is led by a team “including former Allstate President Jamie Trish, as its President of Insurance,… Read More

Marketplace Lender auxmoney Receives €150 Million Equity Investment led by Centerbridge

Largest Fintech Funding Round in Eurozone for 2020 auxmoney, a Germany based marketplace lender, has raised € 150 million led by Centerbridge. In a note from the Fintech, auxmoney stated that existing VCs, including Foundation Capital, Index Ventures, and Union Square Ventures remain fully invested…. Read More

Charles Moldow Compares Fintech Early Days to Netflix’s Ultimate Domination

How easy is it for Fintech startups to challenge established Wall Street firms? Charles Moldow, General Partner of Foundation Capital and an early investor in Lending Club, OnDeck and more, recently told CNBC; “I think it is hard to disrupt any mature industry. This one… Read More

Back to the Future: The Early Days of Online Trading Revisit FinTech and Crowdfunding Disruption

After reading Orchard Platform’s Bill Ullman elegantly deliberated “Is Fin-Tech History Rhyming Again?” on the platform’s blog last week and prepared for Thanksgiving, I wondered how the early days of online trading revisit fintech and crowdfunding disruption innovation.  While prepping for last week’s feast, I… Read More

Foundation Capital: Peer to Peer Lending Goes to $1 Trillion

Charles Moldow, General Partner at Foundation Capital, has declared that Peer to Peer (P2P) lending – part of the nascent crowdfunding revolution – is destined to hit the $1 Trillion mark by 2025 – a little more than a decade away.  Foundation Capital is a… Read More

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