Neobrokers — startups that are disrupting the investment industry by providing a platform for a wider range of consumers to partake in the stock market by offering them more incremental investment options and modern and easy mobile-based interfaces to manage their money — continue to see a huge amount of interest, and today comes the…
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Expensify EC-1 Part 5: Business model Anna Heim 7 hours You’d expect an expense management company to have a large sales department and advertise through all kinds of channels to maximize customer acquisition. But like we’ve seen over and over through the course of this EC-1, Expensify just doesn’t do what you think it should.…
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Laura González-Estéfani Contributor Laura González-Estéfani is the founder and CEO of TheVentureCity, an international, operator-led venture acceleration model designed to make the global entrepreneurial ecosystem more diverse, international and accessible to fair capital. More posts by this contributor Miami won’t be the next Silicon Valley because we don’t need another one For many VCs, the…
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MotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto refinancing business. The startup developed an auto refinancing platform that handles the entire loan process, including finding the best rates, paying off the old lender…
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Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in a region. Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent years. And today,…
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British artificial intelligence (AI) company, Faculty has raised £30 million ($42.5M) in growth funding from the Apax Digital Fund (ADF). The startup has now raised a total of £40m ($56.6M) to date. In April this year, the company announced it had won a contract to work with the UK’s NHS to better predict its future…
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Fintech startup StudentFinance — which allows educational institutions to offer success-based financing for students — has raised a $5.3 million (€4.5 million) seed round co-led by Giant Ventures and Armilar Venture Partners. It’s now raised $6.6 million total, to date. StudentFinance launched in Spain first, followed by Germany and Finland, with the U.K. planned this…
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One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re counting local exchanges. The former is African-focused e-commerce company Jumia and the latter is Egyptian fintech company Fawry. As a tech company, Fawry’s listing on the Egyptian Stock Exchange is a rarity.…
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Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We…
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Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America, and India, have comprehensive reports by publications and firms on trends and investments in their individual regions. But there’s hardly a report to…
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