London-based startup Fleek reportedly raised $20.4 million to expand its secondhand clothing platform. Fleek works with roughly 10,000 resellers and retailers in 70 countries, moving 2.5 million secondhand clothing items from 1,000 wholesale suppliers, TechCrunch reported Tuesday (Nov. 12. The company was founded by friends...
Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. “We’re going to use this to scale Argentina, where my goal is to be the largest bank in the country, not just by users but by book,” founder and CEO Pierpaolo Barbieri said in an interview with...
Startup founders are looking to dating app-like interfaces to find their coworking soulmates. Just as apps have made finding love a swipe away, a wave of new tech platforms is emerging to match like-minded innovators with potential co-founders, advisors and collaborators. Take, for instance, CoffeeSpace,...
On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be rightly chalked up to the seismic shifts from elections Tuesday (Nov. 5). So-called “Trump trades,” assets tied to President-elect Donald...
September 18, 2024
The Federal Reserve cut interest rates by 0.5% Wednesday (Sept. 18), the first cut in four years. While stocks gyrated Wednesday and were down slightly in the afternoon, how the rate cuts will filter through the capital markets remains to be seen. Not just for consumers, but also for businesses. Clearing the Hurdle The cost […]
August 22, 2024
A new startup is addressing a significant challenge in artificial intelligence: enabling AI agents to independently manage financial transactions. San Francisco-based Skyfire has announced $8.5 million in seed funding from investors...
July 12, 2024
Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements. Upstart Leads the Momentum Upstart...
July 11, 2024
High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd evaluation strategy for potential investments,...
November 13, 2024
Times are reportedly tough for the world of venture capital (VC) and tech startups. As the Wall Street Journal (WSJ) reported Wednesday (Nov. 13), investors are seeking returns from VC companies and startups despite a weakened initial public offering (IPO) market. The WSJ points to a report by law firm Ropes & Gray showing that IPOs this year […]
November 12, 2024
London-based startup Fleek reportedly raised $20.4 million to expand its secondhand clothing platform. Fleek works with roughly 10,000 resellers and retailers in 70 countries, moving 2.5 million secondhand clothing items...
November 11, 2024
Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. “We’re going to use this to scale Argentina, where my goal is to be the largest bank in...
November 06, 2024
Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation...
