Posts Tagged ‘investment’

Visa launches $100 million venture fund; introduces fast track programme for startups

Visa in Europe has launched a $100 venture investment fund and a fast track programme for onboarding fintech startups to the network. The focus of the fund will be on supporting start-up businesses that are innovating in the arena of open banking and those using emerging technologies that have the potential to create new secure, […]

White Star Capital raises new $180M fund to help startups go international

Global venture capital firm White Star Capital plans to invest $180 million in “transatlantic” companies that need help to go international. The VC already has a presence in London, New York, and Montreal, and as part of its new fund is adding Paris and Tokyo to the list. White Star says it will invest in around […]

State Bank of India to modify rules for startup investments

Country’s largest lender State Bank of India, which has not been able to invest in fintech startups despite earmarking funds, is now looking to modify rules to kickstart the infusion. The bank, which has earmarked Rs 50 crore to invest in fintech startups, will be modifying the rules in order to plough-in the money. SBI […]

Survey Shows 35% of High Net Worth Individuals Have or Will Invest in Cryptocurrencies

A survey conducted by global independent financial consulting firm deVere Group has recently revealed that 35 percent of high net worth individuals have already invested in cryptocurrencies, or are planning to do so. The survey saw deVere group poll over 600 of its clients from across the globe, including some from the US, UK, Qatar, […]

As China Softens Stance on ICOs, Huobi Exchange Announces $93 Million Blockchain Fund

Huobi, the world’s third largest cryptocurrency exchange, has reportedly teamed with other substantial Asian-based partners to launch a $93 million fund to invest in blockchain start-ups. The new fund will specifically be investing in blockchain start-ups in China and South Korea and is intended to encourage cooperation between blockchain initiatives between the two countries. Read […]

Disillusioned Token Investors Demand Real Talk About Risk

More and more investors who are passionate about blockchain technology become frustrated with a lack of tangible progress on professional risk management strategies across major token projects.  Yet this disillusionment hasn’t slowed the race to get involved, with more than $6.3 billion raised through ICOs during the first quarter of 2018 alone. Against that backdrop, veteran cryptocurrency […]

Fintech Startup CredRight Raises Rs 9 Cr in pre-Series A Funding from YourNest & Accion

Seed-stage investor Accion Venture Lab, Early stage VC fund YourNest & few prominent angels have jointly invested Rs 9 crore in the Hyderabad-based fintech startup CredRight,  a data driven platform that provides credit to unserved & underserved micro, small, and medium enterprises (MSMEs) leveraging ROSCAs/Chit Funds in India. With this new injection of capital, CredRight plans […]

Deutsche Börse reveals €270m fintech war chest

Deutsche Börse has earmarked €270m for investment in new technologies and hundreds of new jobs as it looks to move on from its failed merger with the London Stock Exchange. In the first major strategy update under new chief executive Theodor Weimer, the exhange set out a plan to invest in blockchain, big data analysis, cloud computing, robotics and […]

The best UK digital investment apps: How to invest your money

The term ‘wealth management’ sounds purely applicable to the super rich. The fat fees taken by brokers and wealth managers means people with four figures of savings in the bank don’t tend to view investing as a viable option. Times have changed, however, and a crop of fintech startups have launched investment platforms for consumers, including apps […]

New AI-powered investment app to focus on Hong Kong millennials

Financial services provider CFSG has launched Hong Kong’s first artificial intelligence-powered financial investment app targeted at millennials, in a strategic partnership with broadband provider HKT. The app, named Alpha i, promises to execute trades in as fast as 0.8 milliseconds. Alpha i also claims to use “Nasa technology” as well as AI, deep learning and big data […]