'It would be very strange for a fund the size of Softbank to change its investment policy due to losing part of its staff, no matter how key people are.'...
Online small business lender Kabbage as furloughed a significant number of the 500 employees in the U.S.; the company hopes...
Real estate alternative investment platform AlphaFlow raised $4.1mn led by Resolute Ventures and Point72 Ventures; they plan to use the funds to scale partnerships with lenders and investors, accredited individual investors and investment managers; they also plan to hire more individuals for the data science and engineering division and potentially look at more asset classes int the future. Source.
Walmart Mexico announced the acquisition of payments startup Trafalgar to strengthen its digital wallet initiative.
Last week we kicked off LendIt Fintech Digital, an ongoing initiative from LendIt Fintech to bring the fintech community together;...
Salt Lending has written a blog post sharing the immense amount of interest in their blockchain backed loans; since launching on December 28th, 2017 they have issued $23 million in loans yet there is still demand of over $1.3 billion; the company is working on scaling and automating processes, but is focusing on addressing existing demand before adding new members. Source
I first met Ram Ahluwalia, the CEO, and co-founder of PeerIQ, back in 2013 when he was working at a...
Cybersecurity is one of today’s most critical needs, but it is also a source of opportunity in Latin America. The region has the talent, will and potential to construct a far more modern and impenetrable security infrastructure on a blank slate, writes Sebastian Stranieri, founder and CEO of VU.
Hi there and welcome to Funded, where we spotlight early-stage bets on the future of tech. Today, we’re highlighting Double,...
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