Adam Nash, the former CEO at Wealthfront, a software-based financial advisor, is in the process of launching a new Fintech firm that has acquired an investment from Ribbit Capital, a few angel investors, and Nash’s friends as well. Other investors that took part in the… Read More
Henrique Dubugras, Co-Founder at Brex, a Silicon Valley-based Fintech Unicorn, recently noted that companies were forced to cut many jobs and were also more focused on retaining customers following the COVID-19 outbreak earlier this year. Dubugras now claims that the startup space is booming once… Read More
Michael Tannenbaum, the chief financial officer at Brex, a Silicon Valley Fintech Unicorn, notes that many people today are working remotely. Tannenbaum, who’s also the chief business officer at Brex, says that we might be at risk in some ways of losing “the culture and… Read More
San Francisco-based Fintech Brex, a company that says it’s “reimagining” financial systems for high-potential or growing businesses, has teamed up with SAP Concur so that Brex customers are able to automatically update and reconcile their corporate card expenses by using Concur Expense. Brex claims that… Read More
Silicon Valley Fintech Unicorn Brex, the company that’s “reimagining” financial systems for growing businesses, revealed on July 22, 2020, that it has introduced new features and FDIC insurance on its zero-commission cash management account, Brex Cash. As mentioned in a release shared with CI: “These… Read More
Singapore-based Percipient, a digital banking technology firm, has reportedly secured SGD $7 million (appr. $5 million) in capital from Stat Zero, a California headquartered VC firm. Percipient said that the funds raised will be used to support the upcoming launch of the company’s “digital twin… Read More
Dovly, a consumer-focused credit improvement firm, has reportedly acquired $2 million in seed funding. The US-based Fintech firm’s round was led by VC firm NFX, which helps companies expand their operations by leveraging network effects and strategic marketplaces. The capital acquired will be used to… Read More
San Francisco-based Brex, a company focused on developing B2B financial products, recently acquired $150 million in capital, in order to further strengthen its existing balance sheet and help it maintain operations during the COVID-19 outbreak. Now, the company has announced (on May 29) that it… Read More
Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) is planning to secure $450 million in capital for its second digital asset-focused fund, according to a recent report from the Financial Times (FT). Sources familiar with the matter told the FT that the giant VC firm… Read More
Draper Goren Holm, a Los Angeles based venture firm led by Tim Draper, Alon Goren, and Josef Holm, announced on Thursday it is offering an incentive to those who are looking to learn more about Blockchain during the Los Angeles Blockchain Summit, which will take… Read More
Brazilian Fintech firm Olivia recently revealed that it had acquired R$25 million (appr. $5 million) in investments. The company’s application assists its clients in saving and money management, with useful tips on cash flow and behavior habits. Olivia’s stakeholders include BV (previously Banco Votorantim), which… Read More
According to a new report, US-based venture capital firms have been increasingly investing in London-headquartered companies this year. New data shows that UK-based Fintech firms continue to attract a large number of investors. US investors have reportedly contributed around in $4.4 billion (appr. £3.4 billion)… Read More
Apttus, a Silicon Valley unicorn that provides the first and only platform to combine end-to-end Quote-to-Cash business process automation with behavior applications and artificial intelligence to enable customers to maximize revenue, announced this week it has raised a $55 Million Series E funding round, which… Read More
Silicon Valley-based Knightscope has reportedly secured $10 million through its “mini-IPO” Reg A+ equity crowdfunding campaign on SeedInvest. The initiative was launched earlier this year and is seeking $20 million as part of its Series M efforts. It has now been dubbed the most successful campaign… Read More
Silicon Valley-based GSVlabs has recently launched an equity crowdfunding campaign on Indiegogo/Microventures to raise growth funding. Founded in 2012, GSVlabs engages with startups, corporations, international agencies, mentors, universities, investors, thought leaders, and non-profits. The organization stated: “Silicon Valley isn’t just a location in California; it’s… Read More
Gaza Sky Geeks is running another crowdfunding campaign called “Power Up Gaza’s Geeks”. There is just over a week left in the campaign, and the group is currently at $277,869 — or 292 percent of its original goal. Initially, Gaza Sky Geeks had a goal… Read More
During the first half of 2016, regulators feared that Fintech would become all too powerful. Then, in November, they concluded that the Fintech sector was not threatening. At the cusp of 2017, it also appears that other observers have concluded that the FIintech boom is… Read More
It’s hard to believed that 500 Startups launched just six years ago given its influence. 1600+ companies, 60+ countries and 3,000 founders later, Co-Founder Dave McClure utilized the platform’s blog to reflect on the last years progress and to look forward to the company’s next… Read More
The Korea Fintech Center has signed a memorandum of understanding (MOUs) with two Silicon Valley organizations, 500 Startups and Silicon Valley Forum. 500 Startups is described as a global venture capital company and startup accelerator. It has supported 1,700 startups in over 50 countries. Silicon Valley… Read More
Cross River Bank raised $28 million from a number of investors in Silicon Valley. Investors included Battery Ventures, Andreessen Horowitz, and Ribbit Capital, which have invested in fintech startups. In addition to the deal, Battery General Partner Scott Tobin will become a member of Cross River’s… Read More
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