Article Trunk



Archive for the ‘Finance Articles’ Category

Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia

Aspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several Southeast Asian markets. The Series A round for the one-and-a-half-year old startup was funded by MassMutual Ventures Southeast Asia. Arc Labs and existing investors Y Combinator — Aspire graduated from ...

Clearbanc co-founder and president Michele Romanow is coming to Disrupt SF

Raising venture capital isn’t easy; for some, it’s impossible. Clearbanc offers startups a fundraising alternative and in just a few short years, it’s become a household name in Silicon Valley circles. The company disrupts the startup funding process by providing companies cash to buy ads in exchange for a revenue share so those companies aren’t ...

Investors bet another $50M on Clearbanc’s revenue share model

That company disrupting venture capital just raised more venture capital. Clearbanc has attracted $300 million, including a $50 million equity investment led by Highland Capital with participation from Arcadia, iNovia and Emergence Capital, and another $250 million from limited partners for its third fund. Clearbanc declined to disclose its valuation, but noted the company was ...

Visa pitches a program offering fintechs faster market access through an ecosystem of partners

Visa is pitching a new way for startups in the fintech space to get to market faster by using its rails and a group of pre-approved partners. The Fast Track program, a variant of an investment commitment and ecosystem of services the company has already launched in other geographies around the world, comes to the ...

Visa pitches a program offering fintechs faster market access through an ecosystem of partners

Visa is pitching a new way for startups in the fintech space to get to market faster by using its rails and a group of pre-approved partners. The Fast Track program, a variant of an investment commitment and ecosystem of services the company has already launched in other geographies around the world, comes to the ...

Why this Nigerian fintech startup is volunteering audited financials

Nigerian fintech firm Carbon — an early stage financial services startup based in Lagos — has posted financials audited by KPMG on its website. This comes four months after the company obtained a credit rating as a pre-IPO venture. Carbon — which recently rebranded its OneFi holding company and PayLater product titles into one name  ...

Mobile messaging financial advisory service, Stackin, adds banking features and raises cash

When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. Now, nearly two years later, the company has pivoted from video to text-based financial advice for its millennial audience and ...

Capital One’s breach was inevitable, because we did nothing after Equifax

Another day, another massive data breach. This time it’s the financial giant and credit card issuer Capital One, which revealed on Monday a credit file breach affecting 100 million Americans and 6 million Canadians. Consumers and small businesses affected are those who obtained one of the company’s credit cards dating back to 2005. That includes ...

Flutterwave and Alipay partner on payments between Africa and China

San Francisco and Lagos-based fintech startup Flutterwave has partnered with Chinese e-commerce company Alibaba to offer digital payments between Alipay and African merchants. Flutterwave is a Nigerian-founded B2B payments service (primarily) for companies in Africa to pay other companies on the continent and abroad. Alipay is Alibaba’s digital wallet and payments platform. In 2013, Alipay ...

A mistakenly exposed password let a hacker access internal Comodo files

A hacker gained access to internal files and documents owned by security company and SSL certificate issuer Comodo by using an email address and password mistakenly exposed on the internet. The credentials were found in a public GitHub repository owned by a Comodo software developer. With the email address and password in hand, the hacker ...