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Archive for the ‘Finance Articles’ Category

Vertex Ventures hits $230M first close on new fund for Southeast Asia and India

Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed by sovereign wealth fund Temasek, today announced a first close of $230 million for its newest fund, the firm’s fourth to date. Vertex raised $210 ...

OpenFin raises $17 million for its OS for finance

OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo, with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Previous investors in OpenFin also include DRW Venture Capital, ...

Openfinance opens up US trading of third-party digital assets

Openfinance, the secondary market for trading digital alternative assets, announced it will be opening up trading of third-party digital securities to US Investors, making it the first trading platform to do so. The company already supported the trading of third-party digital securities (securities that have been migrated onto the blockchain that are now traded on ...

YouTrip, a challenger bank in Southeast Asia, raises $25M for expansion

Singapore-based startup YouTrip thinks consumers of Southeast Asia deserve a taste of the challenger bank revolution happening in the U.S. and Europe, and it has raised $25 million in new funding to bring its app-and-debit-card service to more parts in the region. Challenger banks have sprung up in Europe in recent years. Unicorns Monzo, Revolut ...

Madrona Venture Labs raises $11M to build companies from the ground up

The startup studio model is taking off. ...