Posts Tagged ‘investment’

Hong Kong’s PE firm GSR to invest $270m in Overstock’s blockchain subsidiary

Hong Kong-based private equity firm GSR Capital has agreed to make an equity investment of up to $270 million in blockchain startup tZero, a subsidiary of Nasdaq-listed online retailer Overstock.com. tZero focuses on the development and commercialization of fintech using blockchain technology. GSR Capital will spend an additional $104.55 million to buy 3.1 million Overstock shares […]

Meet the 100 top-funded fintech companies in China

The entire financial system could be due for an overhaul, and China is right at the forefront. Which company in the country is most likely to challenge the status quo? An imperfect way to judge would be the amount of money they have raised. Using its data, Tech in Asia has generated a constantly updated […]

Bank of China CIO Says Bank to Increase Investments in Blockchain, Fintech

The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, announced its plans to increase the company’s investments in research and development technologies such as blockchain, the Internet of Things, and fintech. Investment in the technologies will reportedly be more than 1 percent of the bank’s operating annual income, which […]

Patron Of Fintechs: Surveying Goldman Sachs Growing Portfolio Of Tech Startups

As reported earlier, fintech startup Even Financial announced raising $18.8 million in Series A seed funding, a portion of which came from investment bank Goldman Sachs. In light of this most recent investment, Benzinga collected some of Goldman Sachs’ other bids for a foothold in the surging fintech space to shed light on just how and […]

Even Financial raises $18.8 million Series A from GreatPoint Ventures, Goldman Sachs and others

Even Financial, a fintech startup that connects the disparate entities of the financial services industry, raised a $18.8 million Series A round led by GreatPoint Ventures with participation from Goldman Sachs, Canaan Partners, F-Prime Capital, Lerer Hippeau and others. Even Financial offers products like a pre-approval API, real-time pricing, machine learning optimization, a product comparison […]

Fintech startup Steady raises $9 million in Series A funding; Shaquille O’Neal joins the team

Steady, the income-building platform for the Build-Your-Own (BYO) workforce, has raised $9 million in Series A financing. The latest round was led by Propel Venture Partners, with significant participation from Omidyar Network. The funds raised in this round will be used to rapidly scale and extend product features. Shaquille O’Neal also joined the Steady team […]

Visa Invests In & Partners With Isreali Startup Behalf As Part of $100 Million Fintech Investment Program

Credit card giant Visa has invested and partnered with Israel startup Behalf to support small business growth through easy-to-access capital and financing. The company reported that this partnership and investment is part of its $100 million Visa FinTech Investment Program. Behalf describes itself as an alternative financing provider for American small and medium-sized businesses. As part […]

Fintech Startup Holberg Financial Raised $1M To Offer Financial Benefits

Holberg Financial, which is a Chicago startup that aims to provide financial advising as a work benefit, has raised an amount of $1 million in VC funding to help it expand in some of the several parts of the world. The seed round was led by the leading investor of Singapore West Loop Ventures, but […]

Old-Money Billionaires Are Chasing New Tech Riches

Having made their fortunes in industries that are increasingly being upended by technology, many of the world’s wealthiest individuals and families are turning to venture investing as a way to bet on the future at a time when fewer startups are going public. Some are backing young companies in hopes of spotting the next potential […]

Crowdcube Touts 19X Returns Generated by Early Investors in Revolut

Long before Revolut became one of the best known names in the digital banking world, Revolut was raising early stage funding on crowdfunding platforms. Their first offering listed on Crowdcube back in July of 2016. Revolut went on to use competitor Seedrs for subsequent rounds but for the investors that decided to speculate on Revolut’s […]