citigroup
You can’t afford a house, but you can probably afford Nada
Rents are going up in cities across the U.S., but the national homeownership rate has been steadily declining as prospective buyers grapple with low supply, weakening purchasing power and record-high…
Featured Article
As Deezer goes public via SPAC, is the blank-check boom really over?
Let’s chat through the results of the Deezer deal, how quickly the IPO market has changed more generally, and then drill into the European SPAC market in the wake of Deezer’s demonstrative debut.
Oklo’s Caroline Cochran and Swell’s Suleman Kahn talk scaling alternative energy at TC Sessions: Climate
Stopping the dire pace and consequences of climate change requires a diverse range of climate technologies across multiple fronts, and alternative energies play an essential role. However, changing the way…
Coinbase crushes expectations in Q4 earnings, but stock sinks as it reports slower start to year
Shares of Coinbase, the American crypto trading giant, initially soared when it reported its Q4 2021 earnings today, but investors quickly sold off the spike bringing the stock price down…
Yayzy app automatically calculates the environmental impact of your spending
Ahead of the turning of the New Year, many people are wishing they could do something about the environment. Now, a U.K. startup hopes to make our environmental impact more…
Digital investing platform for women, Ellevest, expands into banking
Ellevest, a company whose focus has been on closing the gender investing gap by way of a financial planning service aimed at women, is today expanding into banking. The company…
African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff globally. The raise caps an…
Stocks shoot upward as ‘Phase Three’ stimulus passes Senate and unemployment skyrockets
Stocks soared on Thursday even as the U.S. reported its worst unemployment numbers in 50 years of tracking data. The pain felt on Main Street was offset for investors by…
Google to offer checking accounts in partnership with banks starting next year
Google is the latest big tech company to make a move into banking and personal financial services: The company is gearing up to offer checking accounts to consumers, as first…
Featured Article
Airbnb’s WeWork problem
Airbnb may be another overvalued ‘unicorn,’ but it’s no WeWork.
Troubles keep mounting for The We Company as SoftBank reportedly calls for shelving the IPO
The troubles for The We Company and its main business WeWork are mounting as the Financial Times is reporting that the company’s main backer, SoftBank, is pushing for the company to…
VCs double down on fintech.
Minimum investment for EB-5 investor green card expected to more than double
While not a startup visa, the EB-5 investor green card offers many entrepreneurs a path to a green card by investing money and creating jobs in the U.S. Under the…
Tesla bumps up its capital raise by $400 million, with Elon Musk taking an additional $15 million
Tesla is going to raise an additional $400 million in its latest sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in…
Investment platform Ellevest raises $33M from Melinda Gates’ Pivotal Ventures, Valerie Jarrett & PayPal
Ellevest, a digital investment platform specifically focused on helping women meet their financial goals, has raised an additional $33 million in a new round led by Rethink Impact and PSP…
Asian streaming startup M17, still recovering from a failed IPO, raises another $25M
M17, the Taiwanese streaming company that controversially priced on the NYSE but didn’t list, has returned to the private markets after it raised a $25 million funding round. The round was led…
With no white knight in sight, Tesla shares plummet from Musk’s tweet-related highs
Investors definitely aren’t stoked by the deafening silence coming from Tesla after its chief executive announced in a tweet that he plans to drop a fat sack of cash on public…
After botched IPO, Asian streaming startup M17 gets a $35M lifeline from investors
Asian tech company M17, which operates a live-streaming platform and data app business, has confirmed that it has canceled its proposed U.S. public listing and raised private funding to keep…
Betting consumers are tired of bad bank behavior, Aspiration raises $47 million for its alternative
A who’s-who of celebrities, investors and celebrity investors have come together to invest $47 million into Aspiration, the company launched by a former speechwriter for President Bill Clinton to challenge…
Citibank Is Working On Its Own Digital Currency, Citicoin
In a move that should be of no surprise to anyone familiar with the space, Citibank has admitted to running a test platform for digital currencies and is pondering its…
Plastic Jungle, which operates an online gift card marketplace, has received a strategic investment from Citi Ventures, Citigroup’s investment arm. The size of the capital injection was not disclosed. The…
Citigroup Joins Andreessen Horowitz In Backing Fraud Analytics Firm Silver Tail Systems
Silver Tail Systems, a provider of predictive analytics for detection and prevention of online fraud, this morning announced that it has secured an additional round of funding from Citi Ventures,…
Tale of Two Cities: Citigroup Commits $40 Million To Financing SolarCity Projects
SolarCity, a company that designs, installs and secures financing to put solar power generating systems in homes in North America, keeps reeling in the financial partners. This time, the San…