Startups news

Founded in 2017, New York-based financial technology startup Capitolis received an $11 million funding from Citi, J.P. Morgan and State Street. Capitolis is a software-as-a-service (SaaS) provider having a platform that provides financial resource optimization for capital markets.  Big news! Capitolis has received a strategic…

We look at the Top 11 industries that were positively affected by COVID-19 and how these industries will fare over the coming year

Headquartered in Bengaluru, edtech startup Unacademy raised funding worth $150 Million led by Japanese multinational conglomerate SoftBank. With the recent fundraising, Unacademy has entered into a unicorn club by having valuation at around $1.45 Billion. The funding round also consisted of investment from existing shareholders General Atlantic, Facebook, Blume Ventures,…

BlackBull Markets – a multi-asset broker in New Zealand becomes a licensed stock broker after receiving a derivative issuer by the New Zealand’s financial regulator, the FMA. BlackBull Markets, the trading name of BlackBull Group Limited, offers different types of trading services – including Forex, CFDs, and…

Intel Corporation (NASDAQ: INTC) has announced its tranche of startup investments: £108M ($132M) injected in 11 businesses. The deals speak to the venture capitalist’s commitment towards nurturing tech-based businesses including chip design, artificial intelligence, and autonomous computing. While Intel Capital tries to operate independently from its parent company, it…

American international venture capital firm Runa Capital has announced a successful third round of funding. Fund III exceeded its target of £110 million by over £17 million to close at about £127 million ($157 million). The start-up financier was established by a team of serial entrepreneurs to invest in…

Award-winning financial planning platform Lifetise is crowdfunding to raise £250,001 in exchange for a 5.88% equity stake in the company. But as of this morning, the UK start-up had already surpassed its targeted amount by more than £3,000. The financial planning firm was valued at £3,999,888 before the fundraiser and…

Environmental solutions company Land Betterment Corporation has embarked on raising funds using a crowdfunding platform known as Fundopolis. Land Betterment Corporation or simply ‘Land Betterment’ is an impact-driven company focused on upcycling old coal mining sites to foster community development and sustainability through job creation. Institutional and individual investors can…

Recent research suggests UK start-ups have managed to raise about £663 million since the Covid1- lockdown began, overlooking the current economic slump. The study was carried out by innovation and coworking space giant Plexal, in partnership with start-up data company, Beauhurst. The research sampled data from close to 30,000 companies…

David Clark, a former Uber (NYSE: UBER) executive is finalizing plans to set up the European headquarters for startup funding company, Expa in London. Expa, which is based in Silicon Valley, was established in 2014 by Garret Camp, co-founder of StumbleUpon and cab-hailing app Uber. According to the…

The European Innovation Council (EIC) is set to receive an additional £131M (€150M) following a surge in applications in the last couple of weeks. Over 1,000 small and mid-sized companies and startups tendered applications fronting possible ideas for dealing with Coronavirus. The usual number of applications for EIC calls also…

The recently established Paycheck Protection program (PPP) has come as a relief to small-scale businesses in the US. But financiers, especially the large banks will be forced to wait a little longer to benefit from the electron loans after the country’s Treasury and the Small Business Administration resolved to…

Binance recently partnered with WazirX to set up a joint $50 million-large token fund. The goal is to invest in blockchain startups in India, thus helping them speed up developmentThe fund is simply called ‘Blockchain for India,’ and it is backed by WazirX’s WRX token, and Binance’s native BNB…

The Hong Kong-based crypto trading startup Amber has secured $28 million in investments in a Series A funding round. Crypto investment firms Paradigm and Pantera Capital, as well as Coinbase Ventures, Fenbushi Capital, Polychain Capital, and Blockchain.com, have invested in Amber, together with its existing investor Dragonfly Capital.

State of European Tech has reported that there has been a massive 40% jump in venture capital funding for startups in Europe in 2019. European startups won a record $34bn in venture capital funding up 40% from 2018, outshining the US and Asia markets- which saw a drop in investment.

Coinbase is in the final stages of closing on a deal that would see the company’s value stand at about $8 billion, making it one of the highest valued start-ups in the United States.A $500 million investmentWith this deal, Coinbase continues to make further strides in the cryptocurrency space, as well…

Yasuo Matsuda, a former foreign-exchange dealer at Deutsche Bank has joined FXcoin Ltd., a startup Japanese crypto exchange as a strategist.Later this September, Matsuda will be part of the FXcoin team and is expected to help lay the right strategies in place that will see the firm improve its trading business. His day-to-day…

Facebook shares closed higher Monday amid reports the tech giant is close to buying UK startup Bloomsbury AI.