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Archive for the ‘Finance Articles’ Category

Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B

Australia-based Airwallex is the latest tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four Chinese founders, Airwallex provides a service that lets companies manage cross-border revenue and financing ...

Social investment platform eToro acquires smart contract startup Firmo

Social investing and trading platform eToro announced that it has acquired Danish smart contract infrastructure provider Firmo for an undisclosed purchase price. Firmo’s platform enables exchanges to execute smart financial contracts across various assets, including crypto derivatives, and across all major blockchains. Firmo founder and CEO Dr. Omri Ross described the company’s mission as “…enabl[ing] our ...

Planning for the uncertain future of work

In a recently published, roughly 75-page report, British non-profit organization The Royal Society for the Encouragement of Arts (RSA) outlined several scenarios for how the UK labor market will be impacted by frontier technologies such as automation, AI, AVs and more. The analysis titled “The Four Futures of Work” was conducted in collaboration with design ...

Equity Shot: Pinterest and Zoom file to go public

In the latest Equity Shot, Kate Clark and Alex Wilhelm take a closer look at Pinterest and Zoom's IPO filings. ...

This is how much money Pinterest execs made last year

Silicon Valley is known for its massive wealth. When these companies file to go public, we all finally get to know how much money these executives take home each year, and the millions they’ll take home after the IPO. In Pinterest’s S-1, which it filed earlier today, we see that co-founder and CEO Ben Silbermann ...

You could own this zoo complete with menagerie

York's Wild Kingdom Zoo & Fun Park in York, Maine is up for sale. For just $14.2 million, you could be the proprietor of this beachside attraction complete with the likes of lions, monkeys, lemurs, camels, pigs, deer, kangaroos, a butterfly kingdom, paddle boats, miniature golf, bumper cars, and a haunted house. No lowball offers ...

Gig workers need health & benefits. Catch is their safety net

One of the hottest Y Combinator startups just raised a big seed round to clean up the mess created by Uber, Postmates, and the gig economy. Catch sells health insurance, retirement savings plans, and tax withholding directly to freelancers, contractors, or anyone uncovered. By building and curating simplified benefits services, Catch can offer a safety ...

Robotics process automation startup UiPath raising $400M at more than $7B valuation

The company, which is more than doubling its valuation, is expected to do $450 million in ARR in 2019, TechCrunch has confirmed. ...

Marqeta files to raise $250M on a $1.9B valuation

The world of digital payments continues to power ahead — fuelled by the continuing growth of e-commerce and fintech — and now one of the bigger startups making waves in the sector is raising a huge round of funding. TechCrunch has learned that Marqeta — a payment processing company that works in the area of ...

Review: Appleā€™s new iPad mini continues to be mini

The iPad mini is super enjoyable to use and is the best size tablet for everything but traditional laptop work. It’s very good and I’m glad Apple updated it. Using Apple Pencil is aces on the smaller mini, don’t worry about the real estate being an issue if you like to scribble notes or make ...