Finance
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With Plans of Investing $100M Next Year, Israel’s OurCrowd Forges Its Own Path in Equity Crowdfunding
In the fast-emerging space of equity crowdfunding, Silicon Valley insiders are pretty familiar with players like AngelList. But there’s actually a startup crowdfunding site out of Israel with a veteran team that has a good deal of momentum as well. OurCrowd, which is run by serial entrepreneur and venture capitalist Jon Medved, has put at least $70 million to work in roughly 50 companies… Read More
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Finance Startup Nubank Nabs $14.3M In Sequoia’s First Brazil Investment
Nubank, a financial services startup based in Brazil, is today opening for business with two key pieces of news. It is launching its first product: a MasterCard Platinum credit card that you can manage through an Android or iOS app. And it is revealing some of the details of its own finances so that the world knows Nubank means business: the company has raised $14.3 million led by… Read More
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With Karrot, Kabbage Digs Into Lending Club’s And Prosper’s Consumer Loans Business
Kabbage, the Atlanta-based startup that has raised hundreds of millions of dollars to build and run a money lending platform for small, online businesses, is turning over a new leaf, so to speak: today it is launching a new lending service called Karrot — its first product for consumers, is initially launching in the U.S. only. Karrot has grown (sorry) out of what CEO and co-founder… Read More
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Robinhood Raises $13M To Democratize Stock Market With Zero-Commission Trading App
Half a million people have already signed up for Robinhood’s unlaunched zero-fee stock trading service. Now the startup has raised $13 million to hire talent to make its app totally secure so it can start adding people from its private beta waitlist.
Unlike competitors E*Trade and Scottrade that charge people $7 to $10 per trade, Robinhood doesn’t need to spend money on… Read More
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Acorns Is A Micro-Investment App That Does All The Thinking For You
Investing for the future can be hard for a twenty-something. With restrictions like minimum account balances and commission fees that make it uneconomical to invest a few hundred bucks at a time, investing can almost feel impossible.
Until today. Acorns is officially launching on the App Store to help anyone invest right from their smartphone. Read More
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ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments
ChangeTip is hoping to drive mass adoption of micropayments on the web by using Bitcoin plus existing social networks as the medium to deliver feeless micro donations to content creators. Which means part of its mission is “to spell the end of click bait”. And that’s something anyone who spends time online should really be rooting for. Read More
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AuditFile Raises $3M To Offer Task Management For Accountants
To expand, the company is increasing the size of its sales force and building out its app so that it can be used for internal corporate audits, in the hopes that it can become a killer app for finance teams at Fortune 500 companies. PayPal Expands Its Working Capital Service To UK, Switches From Loans To Cash Advances
As payments platforms look for more ways to grow their margins and usage among businesses, they continue to push into a wider and deeper range of financial services. In one of the latest moves, eBay’s PayPal is expanding its Working Capital service to the UK. This is its first market for PayPal’s lending platform outside of the U.S., where it first launched the service in… Read More
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Blockchain Releases New Android Wallet App To Put Bitcoin Into Everyone’s Hands
Popular bitcoin wallet provider Blockchain.info is releasing a major new version of its Android app, allowing you to store, receive and send bitcoins directly from your Android phone. The key thinking behind the update is to make bitcoin more accessible. It hides the complexity of the protocol in order to encourage mainstream user adoption. Read More
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Dell Now Accepts Bitcoin For All Online U.S. Purchases
Dell now accepts bitcoin in the United States for online purchases of its products. The move is a win for CoinBase, which today on its blog announced that it was the integration partner for the personal computing company. Overstock.com and online technology marketplace TigerDirect also accept the cryptocurrency. The price of bitcoin, long a driver of media and public interest in the stuff,… Read More
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