With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

 CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997. In that time they’ve seen the city’s technology scene evolve in fits and starts, but now, with companies like Snap, Dollar… Read More

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To buy, to sell, to hold: Know your investments inside out

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There is a wealth of ways to invest your money, but let’s face it: you probably don’t have endless time to figure them all out. And with time at a premium, using energy to keep abreast of the ins and outs of your investment portfolio can seem impossible. Although Singaporeans are on average earning more each year, the global market hasn’t been as successful recently — and that’s enough to give anyone pause before approaching today’s complex investment landscape.

One way to get to grips with the investment climate is to take advantage of a smart investment tool, which can help to identify investment opportunities. Standard Chartered Bank now offers Personalised Investment Ideas (PII), the latest tool to give investors the info they need to grow their wealth. Thanks to technological advancements like this, you can invest wisely, and without giving up your valuable time. Read more…

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Trocafone raises $15 million to expand its used electronics marketplace in emerging markets

 Trocafone, the online marketplace for used electronics, has raised $15 million in new financing to expand its reach beyond Brazil and Argentina into other emerging markets. The company, which raised $7 million in a previous round of financing las…

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Acorns to launch new retirement accounts after buying Portland fintech startup, Vault

 Micro-investment service, Acorns, which automatically invests small amounts from its customers’ bank accounts into investment funds, has bought Vault, a Portland-based developer of retirement fund investment services. Vault’s application lets its users set aside part of their paychecks into retirement funds. The deal is a solid compliment to Acorns’ own investment app, which… Read More

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Crunch Report | Bitcoin Passes $7,000… Oh My!

Bitcoin passes $7,000, VMware acquires VeloCloud and TransferWise closes on a $280 million investment. All this on Crunch Report. Read More

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