TYoung Systems

finance

Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation

Fast-growing fintech Pipe has actually raised another round of financing at a $2 billion assessment, simply weeks after raising $50 million in development financing , according to sources acquainted with the offer. Although the round is still continuous, Pipe has actually apparently raised $150 million in a ““ enormously oversubscribed” ” round led by Baltimore, …

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Investor Alexa von Tobel on the biggest driver of social-media-fueled stock trading

Alexa von Tobel has always felt strongly that too many people are shut out of the stock market. She felt this as a 23-year-old who didn’t have $5,000 to open a brokerage account. She felt it while building LearnVest, a financial planning startup she launched in 2009 and sold in 2015 to Northwestern Mutual for …

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The race to be China’s top fintech platform: Ant vs Tencent

As Ant Group takes the world’s attention with its record going public , which was quickly aborted by Beijing , experts and financiers are reviewing Tencent’s fintech interests, acknowledged as Ant’s archrival in China. It’’ s rather made complex to do this, not least due to the fact that they are stretched throughout a variety …

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Solve, the startup creating an interactive “Law & Order” for social media, raises $20 million

When “Order” ended its twenty-year run in 2010, it had actually currently sealed its location as one of the longest-running tv dramas in history. Its success was a testimony to the long-lasting appeal of an excellent secret. Mining that exact same well of a need for whodunnits, an approximately one-year-old Los Angeles-based start-up called Solve …

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Venmo launches a rewards program offering up to 5% back at Target, Sephora, Dunkin’ & Wendy’s

Amid increased competition in the digital payments space, Venmo today announced its first-ever rewards program, Venmo Rewards, which will allow users to earn automatic cash back on purchases when they pay with their Venmo card at select retailers. The company is kicking off the program with limited-time cash back deals, including 5% back at Target, …

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10 Key Issues for Fintech Startup Companies

By Richard D. Harroch and Melissa Guzy Investment in financial technology (“Fintech”) companies is growing dramatically. Global Fintech funding has risen to over $100 billion, fueled by large M&A deals and large rounds of financing. Investment in Fintech companies is expected to continue to grow significantly in the next few years, as such companies offer outsized …

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How Kobalt is betting on music’s middle class and DIY stars

Streaming services have made music ubiquitous, driving more exploration by consumers who don’t have to pay for each song or album individually. Musicians are correspondingly able to find their own niche of fans scattered around the world. (This is the third installment of our EC-1 series on Kobalt Music Group and changes in the music …

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