Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million. IRA Services is a trust company that provides custodial services for retirement accounts managed by individuals and mid-to-large sized Institutions. Stripped of financial jargon, the […]
View More Forge acquires IRA Services to expand offering for private company sharesCategory: economy
Dakar Network Angels begins startup investments in francophone Africa
The Dakar Network Angels network launched this month, making its first investment in francophone Africa to cleantech venture Coliba. The Ivorian startup—that uses a mobile app to coordinate waste recycling—will receive mentorship and a minimum of $25K in seed funds. The deal is part of Dakar Network Angels’ mission of convening experts and capital to […]
View More Dakar Network Angels begins startup investments in francophone AfricaThe most important developments in Crypto 2.0
Something strange is happening in the world of cryptocurrencies. To the investor, the speculator, or the casual observer, the industry is in the midst of the “crypto winter” marked by dwindling public interest and stagnant prices after last year’s massive plunges. But to the engineer or the founder, it is an industry which has never […]
View More The most important developments in Crypto 2.0Two years after a first close, 500 Startups wraps its Middle East fund with $33 million
When 500 Startups partner Hasan Haider announced the $15 million first close for the accelerator and investment firm’s Middle Eastern focused fund, 500 Falcons, Dave McClure was still at the helm of Silicon Valley’s second most famous accelerator. Within a month, McClure was removed from the accelerator after admitting to sexual misconduct and 500 Startups […]
View More Two years after a first close, 500 Startups wraps its Middle East fund with $33 millionApple Card will make credit card fraud a lot more difficult
Apple’s new credit card has a curious security feature that will make it much more difficult to carry out credit card fraud. The aptly named Apple Card is a new credit card, built into your iPhone Wallet app, which the company says will help customers live a “healthier” financial lifestyle. The card is designed to […]
View More Apple Card will make credit card fraud a lot more difficultApple Card will make credit card fraud a lot more difficult
Apple’s new credit card has a curious security feature that will make it much more difficult to carry out credit card fraud. The aptly named Apple Card is a new credit card, built into your iPhone Wallet app, which the company says will help customers live a “healthier” financial lifestyle. The card is designed to […]
View More Apple Card will make credit card fraud a lot more difficultStartups Weekly: A much-needed unicorn IPO update
In this week’s newsletter: Details on Pinterest, Lyft, Uber and Zoom’s upcoming IPOs, plus Glossier and Rent The Runway’s big rounds.
View More Startups Weekly: A much-needed unicorn IPO updateEquity 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.
View More Equity Shot: Pinterest and Zoom file to go publicRobotics 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.
View More Robotics process automation startup UiPath raising $400M at more than $7B valuationSlowdown or not, China’s luxury goods still seeing high-end growth
Despite well-documented concerns over an economic slowdown in China, the country’s luxury goods market is still seeing opulent growth according to a new study. Behind secular and demographic tailwinds, the luxury sector is set to continue its torrid expansion in the face of volatility as it’s quickly becoming a defensive economic crown jewel. Using proprietary […]
View More Slowdown or not, China’s luxury goods still seeing high-end growthNigerian fintech startup OneFi acquires payment company Amplify
Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000 merchants to which Amplify provides payment processing services, OneFi CEO Chijioke Dozie told TechCrunch. The move comes as fintech has become one of Africa’s most […]
View More Nigerian fintech startup OneFi acquires payment company AmplifySkedulo raises $28M for its mobile workforce management service
Skedulo, a service that helps businesses manage their mobile employees, today announced that it has raised a $28 million Series B funding round led by M12, Microsoft’s venture fund. Existing investors Blackbird and Castanoa Ventures also participated in this round. The company’s service offers businesses all fo the necessary tools to manage their mobile employees, […]
View More Skedulo raises $28M for its mobile workforce management service