Finance

 

  • GuiaBolso Brings Mint-style Financial Management To Brazil

    GuiaBolso Brings Mint-style Financial Management To Brazil

    In August a new, homegrown entry raced onto Brazil’s top 10 most downloaded apps. It’s a list usually cluttered by American-made social media, music and gaming apps; but GuiaBolso, a Mint-style personal finance app joined the App Store on July 2 when Brazil was mid-way through a month-long World Cup paralysis and passed Tinder, Facebook and even Whatsapp over the last month to… Read More

  • Broad Range Of Public Tech Firms Trade For Record Prices

    Broad Range Of Public Tech Firms Trade For Record Prices

    All the talk of a bubble isn’t slowing down public interest in technology shares. Today, Apple, TubeMogul and Arista Networks set new record highs. TubeMogul and Arista both recently went public. Other firms, like Microsoft are trading near local maximums. MobileIron set an all-time high yesterday, managed a new intra-day high today, and is up strongly in the past few trading sessions. Read More

  • LendingClub Files For $500M IPO

    LendingClub Files For $500M IPO

    LendingClub, a company that provides an online loan marketplace, filed today to go public. According to its S-1 document, the company intends to raise up to $500 million in its flotation. LendingClub, as with many technology companies currently seeking the public markets, has quickly growing revenues but isn’t profitable. Read More

  • Snapdeal Gets Backing From Tata Figurehead In India’s Hot E-Commerce Market

    Snapdeal Gets Backing From Tata Figurehead In India’s Hot E-Commerce Market

    On the heels of Flipkart raising an eye-popping $1 billion, here’s one more sign of the landgrab going on in the Indian e-commerce market today. Its rival Snapdeal has raised yet more outside investment, for the third time this year, this time from Ratan Tata, the chairman emeritus of Indian conglomerate Tata Group. The amount is undisclosed but we are trying to find out (and will… Read More

  • Acorns Is A Micro-Investment App That Does All The Thinking For You

    Acorns Is A Micro-Investment App That Does All The Thinking For You

    Investing for the future can be hard for a twenty-something. With restrictions like minimum account balances and commission fees that make it uneconomical to invest a few hundred bucks at a time, investing can almost feel impossible. Until today. Acorns is officially launching on the App Store to help anyone invest right from their smartphone. Read More

  • Funding Circle Buys LeapPay To Get A Jump On Loan Approval Times

    Funding Circle Buys LeapPay To Get A Jump On Loan Approval Times

    Funding Circle, UK-based the peer-to-peer loans platform that recently raised $65 million for a platform that bypasses banks and lets small businesses connect with individuals for funding, is putting some of that funding to use. It has acquired a semi-stealth startup called LeapPay to speed up the turnaround time it offers on loans, and also to keep expanding its business in the U.S. Read More

  • With Money Tight, HubSpot Looks To Tap Public Markets

    With Money Tight, HubSpot Looks To Tap Public Markets

    With $7.3 million in cash on hand, and losses of $17.77 million in the first half of 2014, HubSpot has filed to go public. HubSpot’s slim cash load and expanding losses — the firm had a deficit attributable to common shareholders of $16.37 million in the first six months of 2013 — are contravened by its rising revenues: HubSpot had revenue of $51.27 million during the first… Read More

  • MobileIron Pops Following Positive Analyst Note

    MobileIron Pops Following Positive Analyst Note

    MobileIron, a recently public tech company that still loses money, is spiking today after Deutsche Bank reiterated a buy rating on its shares. The company, which focuses on mobile device management, according to the bank, should benefit from a boost stemming from companies moving off of BlackBerry. BlackBerry, a long-suffering mobile brand, could take a dent if Apple boosts… Read More

  • LibraTax Looks To Solve Bitcoin Tax Accounting-Related Woes

    LibraTax Looks To Solve Bitcoin Tax Accounting-Related Woes


    With new IRS guidance on taxing crypto-currency trading, it can be a bit complicated for Bitcoin enthusiasts to figure out how much capital gains and income tax they owe. Losses and gains are subject to a capital gains tax, which means you have to remember Bitcoin’s valuation at the point you bought the currency and at the point you sold it. That leads to a complicated year-round… Read More

  • IPO-Bound E-Commerce Giant Rocket Internet Consolidates, Holtzbrink Takes 2.5% Stake

    IPO-Bound E-Commerce Giant Rocket Internet Consolidates, Holtzbrink Takes 2.5% Stake

    More shareholder activity over at Rocket Internet, the Berlin-based e-commerce incubator and investor that is widely expected to go public. Holtzbrinck Ventures, a firm that has been a longtime investor in Rocket Internet portfolio companies around the world, is exchanging the shares it has in those companies for a 2.5% share in Rocket Internet. No cash is changing hands here: this is a… Read More