American Express quietly acquired UK fintech startup Cake for $13.3M

Cake Technologies, the U.K. fintech startup that wanted to make it more convenient to pay your restaurant or bar bill, has been acquired by American Express — as the credit card behemoth plans to beef up its payment options for Amex members. According to sources the deal quietly completed in October last year for a […]

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A brief history of Dropbox

Dropbox first appeared on the startup scene with its debut at Y Combinator Demo Day way back in the summer of 2007. Since then, the company has grown to hundreds of millions of users and to a value of more than $10 billion dollars — putting it in a cherry position for a much-anticipated initial […]

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