It is not just the East Coast grappling with winter chill; even the West Coast has tech investments that are continuing to cool down with a slide in public and private valuations. The cooldown comes as the Chinese market continues to lose its force and angel investors grow...
WeLab, a Hong Kong-based FinTech startup, has raised $160 million in its Series B round to further expand its roots in the Chinese market with the launch of new financial products. The funding round was led by Malaysia’s state fund, Khazanah Nasional Berhad, and saw participation from...
Germany-based software as a service (SaaS) banking platform provider Mambu has its eye on global expansion with the news of its latest funding round. The company announced Monday (Jan. 11) that it raised €8 million (approximately $8.7 million) in capital through its latest funding round,...
It’s somewhat ironic that though the Consumer Electronics Show regularly brings thousands upon thousands of new gadgets to the floors of Las Vegas’ convention centers, it’s usually journalists rather than consumers that get to tinker with all the digital toys the rest of the market...
The closeout of 2015 has been a very good time to be Alphabet/Google. Google finished the day yesterday (Dec. 28) with both classes of parent company Alphabet closing at record-high prices. Class A shares (designated GOOGL) picked up 1.5 percent on the whole to close the...
2015, with respect to FinTech investments, came in like a lion with big funding rounds and unicorn designations flying around at warp speed. It may be going out on a somewhat less ebullient note. The summer brought uncertainty in international markets, which was followed this...
