Google launched its Tez paymen app in India a year ago, and now the company is giving the service major push into retail as it prepares to expand it to other parts of Asia and beyond. The app itself is being rebranded to Google Pay — bringing it in line with Google’s global payment service, […]
View More Google is supercharging its Tez payment service in India ahead of global expansionCategory: financial services
Amazon-backed lending platform Capital Float buys consumer finance startup Walnut
India-based lending platform Capital Float has been busy raising capital, having closed an Amazon-led $22 million extension to its $45 million Series C last year — now it’s putting some of that capital work after it acquired personal finance service Walnut. The acquisition is $30 million spread across cash and stock, the companies said, and it’ll […]
View More Amazon-backed lending platform Capital Float buys consumer finance startup WalnutRiskRecon’s security assessment services for third party vendors raises $25 million
In June of this year, Chinese hackers managed to install software into the networks of a contractor for the U.S. Navy and steal information on a roughly $300 million top secret submarine program. Two years ago, hackers infiltrated the networks of a vendor servicing the Australian military and made off with files containing a trove […]
View More RiskRecon’s security assessment services for third party vendors raises $25 millionSquare now lets developers use its Reader to build custom checkout experiences
Square, the company you know from your favorite coffee shop’s checkout counter, is opening up its Reader hardware to developers. Using the new Square Reader SDK, developer swill be able to build their own custom checkout and point of sale experiences, no matter wether that’s a self-ordering kiosk, a mobile app for waiters or any […]
View More Square now lets developers use its Reader to build custom checkout experiencesGrab picks up $2 billion more to fuel growth in post-Uber Southeast Asia
Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more on-demand services. The $2 billion figure includes a $1 billion investment from Toyota which was announced in June, […]
View More Grab picks up $2 billion more to fuel growth in post-Uber Southeast AsiaExperian leads $28M investment in Southeast Asia fintech startup C88
Experian is making its first major bet on Southeast Asia and its population of over 650 million consumers after the financial credit giant backed Singapore-based C88 Financial Technologies, which operates financial marketplaces that help lenders reach new audiences. C88 today announced a $28 million Series C investment round that’s led by Experian with participation from a host […]
View More Experian leads $28M investment in Southeast Asia fintech startup C88MyEtherWallet’s secure login app is now available in beta for iOS
Popular crypto wallet service MyEtherWallet has just launched a limited beta version of its first companion mobile app, which we wrote about earlier this week. If you’re a big MyEtherWallet user or just curious about crypto, you’ll want to get hold of the app. Since it’s in beta, you’ll need to head here and follow the instructions […]
View More MyEtherWallet’s secure login app is now available in beta for iOSCowryWise micro-savings service opens high yield government bonds to everyday Nigerians
In emerging market countries where economic volatility is a way of life, there aren’t a lot of relatively safe options for members of the burgeoning middle class to park their money. For instance, countries like Nigeria have experienced a tremendous growth in the number of citizens entering the middle class, which now accounts for about […]
View More CowryWise micro-savings service opens high yield government bonds to everyday NigeriansA new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that that the pace of investment isn’t slowing down. Brazil was already the hottest spot for technology investment throughout Latin America […]
View More A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American techTrustToken opens its dollar-backed cryptocurrency to accredited investors
Pitching a dollar-pegged token that offers cryptocurrency speculators a way to move their investments across volatile exchanges, TrustToken (the first public investment from a16z crypto) is now looking for public investments from accredited investors on CoinList. The company’s first token is TrueUSD, a stablecoin that is redeemable one-to-one for U.S. dollars. In its first four […]
View More TrustToken opens its dollar-backed cryptocurrency to accredited investorsInvestment advisory software developer SigFig raises $50 million
SigFig, the developer of an automated wealth management toolkit, has raised $50 million in a new round of funding. The company said the new money would be used to continue its research and development. The new funding was led by General Atlantic and included participation from existing investors like Bain Capital Ventures, DCM Ventures, Eaton […]
View More Investment advisory software developer SigFig raises $50 millionRide-hailing firm Grab launches new venture to back startups in Southeast Asia
Grab, the ride-hailing firm that acquired Uber’s Southeast Asia business, is aiming to catalyze the early-stage startup scene in Southeast Asia after it launched an accelerator and investment unit called Grab Ventures. The six-year-old company has already made investments and acquisitions — backing startups like Drive.ai and buying Indonesia’s Kudo and India-based iKaaz — and Grab […]
View More Ride-hailing firm Grab launches new venture to back startups in Southeast Asia