Article Trunk



Archive for the ‘Finance Articles’ Category

Banking startup N26 raises $300 million at $2.7 billion valuation

Fintech startup N26 is raising a Series D round of $300 million. Following this new funding round, the company is now valued at $2.7 billion. Insight Venture Partners is leading the round with Singapore’s sovereign wealth fund GIC and a few existing investors also participating. N26 is building a retail bank from scratch. The company ...

Bowery Valuation raises $12 million more to automate the real estate appraisal process

Bowery Valuation, a New York-based company that we told you about last year, has raised $12 million in Series A funding for its tech-enabled real estate appraisal platform. The 3.5-year-old company raised the capital from Corigin Ventures, Camber Creek, Navitas Capital, Fika Ventures and Builders. Bowery caught our attention initially because, like a lot of ...

Appleā€™s trillion dollar market cap was always a false idol

Let’s face it, we love large numbers. We are obsessed with them, whether it’s Forbes list of wealthiest individuals or tech unicorns, if it’s a big number we can’t get enough. Such is the case with the somehow magical trillion dollar mark that Apple briefly reached last summer. We splashed the headlines and glorified it ...

For SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billion

Several weeks after it was reported by the WSJ that two of the biggest investors in SoftBank’s massive Vision Fund vehicle were cool on its planned $16 billion investment in the coworking company WeWork, those plans have changed radically, says the Financial Times. According to its sources — and confirmed by our own — SoftBank ...

HQ2 fight continues as New York City and Seattle officials hold anti-Amazon summit

The heated debate around Amazon’s recently announced Long Island City “HQ2” is showing no signs of cooling down. On Monday morning, the Retail, Wholesale and Department Store Union (RWDSU) hosted a briefing in which labor officials, economic development analysts, Amazon employees and elected New York State and City representatives further underlined concerns around the HQ2 ...