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Technology Will Be Everywhere

Aaron Schumm, CEO of portfolio company Vestwell, shares his thoughts on the future of wealth management.  Technology and secular trends...

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Hippo raises $14m Series A

California based insuretech startup Hippo has announced $14m in Series A funding led by Horizons Ventures. Hippo offers direct to...

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OnDeck Announces New $200 Million Revolving Credit Facility

The new facility is backed by Credit Suisse and will be used to finance small business loans on the OnDeck platform.

OnDeck intends to initially use a portion of this facility, together with other available funds, to optionally prepay in full without...…

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CommLoan Raises $2.25 Million to Provide Consumers with Access to First, Only, Marketplace for Comme

Arizona based commercial mortgage lending startup CommLoan has raised $2.25m in seed funding, led by Social Leverage and ViaWest Group.

“CommLoan has built a distinctive platform designed specifically for the commercial real estate finance setting, improving the overall...…

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Bitcoin doesn’t care what Silicon Valley thinks—it’s trading at a 34-month high

Bitcoin has been trading north of $780 per coin, reaching levels not seen since 2013, when it traded over $1,100 per coin.

Bitcoin itself was riven by an internal dispute over how best to scale up its transaction capacity. As bold-faced names from bitcoin’s...…

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Hedge Fund Driven by Anonymous Ideas Gets New Investments

Numerai, the San Francisco based hedge fund built on machine learning, has closed a $6m Series A led by Union Square Ventures.

“This is likely the largest ensemble of stock market machine learning models in the world,” said Andy Weissman, a partner at Union Square...…

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NuBank raises $80m Series D

Brasil based digital finance startup NuBank has raised $80m in Series D funding led by DST Global. NuBank is the leading digital provider...

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eFounders raises €5m

Brussels based startup incubator eFounders has raised €5m from 40 different investors. eFounders houses startups at their two locations...

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Finicity raises $42m Series B

Utah based Finicity has raised $42m in Series B funding led by Experian. Finicity is a leading provider of real-time financial data...

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ZestMoney raises $6.5m Series A

Bangalore, India based lender ZestMoney has raised $6.5m in Series A funding led by PayU. ZestMoney provides online shoppers the facility...

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KKR raises $711m for new fund

New York based asset management firm KKR has raised $711m for their new growth equity technology fund. The fund, entitled Next Generation...

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Chase Pay has partnered with LevelUp

Chase is collaborating with Boston-based tech company LevelUpto use its technology so Chase Pay users can order ahead and save time at...

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Chatbot popularity growing

According to new research conducted by Aspect Software Research, 44% of 1,000 adults ages 18-65 said that they would rather use a chatbot...

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Zenefits reports $200m loss

San Francisco based health insurance startup Zenefits lost $204.5m in the last fiscal year according to documents uncovered by buzzfeed....

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Lemonade announces $34m Series A

New York based insuretech startup Lemonade has announced $34m in Series A funding led by General Catalyst Partners. Lemonade provides...

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Trump invites tech leaders to talk after industry opposition

Oracle CEO Safra Catz will be among the business leaders and technologists who will attend the discussion next week.

The meeting is scheduled for 2 p.m. Dec. 14, with the agenda not yet decided, according to a copy of the invitation signed by Thiel,...…

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How to Hide $400 Million

A long form article from the NY Times unpicks how a wealthy businessman, who set out to divorce his wife, made his fortune vanish! The...

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Credit Karma expands to Canada

Credit Karma has announced its plans to expand its business to the Canadian Market. Credit Karma also has plans to expand the rollout to...

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AngelList acquires Product Hunt

San Francisco based AngelList had just bought also San Francisco based Product Hunt. Product Hunt is an online platform where users can...

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NextCapital hires new CIO

Chicago based portfolio company NextCapital has appointed Matt Clink as Chief Investment Officer, the first in the company's history....

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Venezuela's currency now worth so little shopkeepers weigh vast piles of notes instead of counting t

Inflation in Venezuela is expected to reach 720 percent this year.  Some shopkeepers are now weighing rather than counting cash.

In 2014, plummeting global oil prices decimated Venezuela's economy. President Nicolás Maduro responded by fixing the official exchange...…

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