Travis Kalanick may be busy cooking up a cloud kitchen business, but that hasn’t stopped the former Uber CEO’s VC fund from making its first investment in Southeast Asia. 10100, the firm that Kalanick launched last year for investments in Asia, just took part in a $7.6 million seed round for Kargo, an early-stage ‘Uber […]
View More Indonesia’s Kargo comes out of stealth with $7.6M from Travis Kalanick, Sequoia and othersCategory: hedge fund
Motif and Goldman Sachs launch new, co-branded indexes for better performing ETFs
Motif, the startup using machine learning to develop investment strategies for consumers and institutional investors, and Goldman Sachs, one of the world’s leading investment banks, have launched new technology-driven indices to power a series of co-branded exchange traded funds. “All these [current] indices are built with humans doing research to go in and figure out […]
View More Motif and Goldman Sachs launch new, co-branded indexes for better performing ETFsContabilizei raises $20 million to ease Brazilians’ tax pain
Online tax filing and accounting service, Contabilizei, has raised $20 million in a new round of financing led by Point72 Ventures, the early stage investment arm associated with hedge fund guru Steven Cohen’s Point72 Asset Management. Smart money in both the venture and private equity space has been long Brazil for a bit, and the new investment […]
View More Contabilizei raises $20 million to ease Brazilians’ tax painScared to trade stocks? Titan algorithmically invests for you
Titan could put an end to stock market FOMO. The app chooses the best 20 stocks by scraping top hedge fund data, adds some shorts based on your personal risk profile and puts your money to work. No worrying about market fluctuations or constantly rebalancing your portfolio. You don’t have to do anything, but can […]
View More Scared to trade stocks? Titan algorithmically invests for youTitan launches its mobile ‘not a hedge fund’
What Robinhood did to democratize buying individual stocks, Titan wants to do for investing in a managed portfolio. Instead of being restricted to rich accredited investors willing to pour $5,000 or even $500,000 into a traditional hedge fund that charges 2 percent fees and 20 percent of profits, Titan lets anyone invest as little as […]
View More Titan launches its mobile ‘not a hedge fund’Coinbase’s Custody service wants to store bitcoin for institutional investors
Safely investing in and storing digital currency isn’t exactly easy, especially if you’re a large institutional firm. So to help Coinbase just announced that they’re launching a service called Coinbase Custody, which will securely hold digital assets for institutional investors. The service will only be available to funds willing to store $10M or more of digital currency… Read More