Grab moves to offer digital insurance services in Southeast Asia

Grab is Southeast Asia’s top ride-hailing firm, thanks in no small part to its acquisition of Uber’s local business last year, but the company also houses an ambitious fintech arm, too. That just added another vertical to its business after Grab announced it is teaming up with China’s ZhongAn to introduce insurance. Grab and ZhongAn International, […]

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President Bolsonaro should boost Brazil’s entrepreneurial ecosystem

Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant […]

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NYSE operator’s crypto project Bakkt brings in $182M

Venture capitalists remain bullish on Bitcoin and its underlying technology despite sinking crypto prices.

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SEC slaps startups Wealthfront and Hedgeable with fines for making false disclosures

The Securities and Exchange Commission appears to be keeping a close eye on financial services startups, with today’s news that the agency has settled cases with two robo-advisory companies over allegations that they misled investors. Wealthfront Advisers, one of the darlings of the fintech investment sector with $11 billion under management and roughly $200 million […]

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Today in brighter crypto news: SEC says tokens are securities

Crypto news got a little boost last week after a dark month of crashes, stablecoins, and birthdays. The SEC ruled that two ICO issuers, CarrierEQ Inc. and Paragon Coin Inc., were in fact selling securities instead of so-called utility tokens. “Both companies have agreed to return funds to harmed investors, register the tokens as securities, […]

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SparkLabs is launching a cybersecurity and blockchain accelerator program in the US

Investment firm SparkLabs has run accelerator programs across APAC, now it has announced its first that’ll be based on U.S. soil and it’s a cybersecurity and blockchain program that’ll be located in Washington, D.C. from next year. The program will be led by former Startup Grind COO Brian Park and Mike Bott, who is ex-managing […]

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Uber’s Indian rival Ola is aiming for an IPO in 3-4 years

Ola, Uber’s chief rival in India, is planning to go public potentially as soon as in three years time, according to its CEO. Co-founder and chief executive officer Bhavish Aggarwal told the audience at an event in Bengaluru last week that seven-year-old Ola is poised to become a cash flow positive business — having recently hit operational […]

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The SEC creates an educational “token” to stop scammers

“Travel is expensive, but we are at the cusp of a revolution that will democratize travel and leisure for everyone,” reads the breathless white paper for HoweyCoins. “The Internet was the first part of the revolution. The other part is blockchain technology and cryptocurrencies.” “I’m all about HoweyCoins – this thing is going to pop […]

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The U.S. secretary of state was fired. On Twitter.

President Donald Trump just fired his embattled secretary of state, Rex Tillerson, via Twitter this morning, replacing him with former Tea Party Congressman and current Central Intelligence Agency chief Mike Pompeo. Mike Pompeo, Director of the CIA, will become our new Secretary of State. He will do a fantastic job! Thank you to Rex Tillerson […]

View More The U.S. secretary of state was fired. On Twitter.