The alternative asset class needs new infrastructure — who will build it?
Just as traditional alternatives are becoming a consistent part of the modern portfolio, a new era of alternative assets is emerging, fueling a broader and more fragmented landscape for investing.
Greenlight, a $2.3B fintech focused on kids, launches credit card for parents
Greenlight, the Atlanta, Georgia-based fintech company that pitches parents on kid-friendly bank accounts, is launching a credit card. The Greenlight-branded card, offered through Mastercard, offers u
Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a tota
Oracle is headed to Texas now, too
Austinites, watch out; another tech company is headed into town. Just days after Tesla CEO Elon Musk revealed during an interview that he has moved to Texas, and less than two weeks after HP Enterpris
Are subscription services the future of fintech?
As subscriptions become an increasingly alluring business model, fintechs will be forced to consider whether or not this proven strategy is worth the risk.
DoorDash introduces a new corporate product, DoorDash for Work
Delivery service DoorDash is giving employers a way to feed their remote employees through a new suite of products called DoorDash for Work. There are four main products, starting with DashPass for Wo
Former COO sues Pinterest, accusing it of gender discrimination, retaliation and wrongful termination
Pinterest’s former chief operating officer has filed a lawsuit accusing the company of gender discrimination. Françoise Brougher, who says she was abruptly fired from the company in April, is suing
In pandemic era, entrepreneurs turn to SPACs, crowdfunding and direct listings
If necessity is the mother of invention, then new business owners are getting very inventive in the ways in which they access cash. Relying on some long-tested and some new avenues to raise money, ent
Saving, not spending, is the new hotness in fintech
Yesterday news broke that Robinhood is on the hunt for new capital at a roughly flat valuation, and the round is more reasonable than you think.
Robinhood’s third outage may point to deeper problems in its tech stack
After suffering its third outage in two weeks, Robinhood’s founders may need to take a deeper dive into the technology stack that powers their business. That’s because the outage the mobil
Louis Bacon’s sunset ride may foretell ‘mechanized future’ of data-driven investing
Quants, passive investing and robots aren't necessarily better than humans at investing, but because they already traffic in digital data to do their work, they can show investors what they’re doing
Okta appoints former Charles Schwab exec to board of directors
Former Charles Schwab chief marketing officer Becky Saeger becomes Okta's third female board member.
Tiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuation
Coinbase may raise up to $500 million at an $8 billion valuation. The cryptocurrency trading platform has also announced two new high-level hires.
SoFi held acquisition talks with Charles Schwab
SoFi, the online lending giant, held conversations with Charles Schwab about a potential acquisition by the brokerage firm, according to a source with knowledge of the discussions. The M&A talks