finance

African fintech startup Jumo raises $12.5M more to fund Asia expansion

Months after a big round, African fintech startup Jumo has pulled in a fresh $12.5 million to add more fuel for its expansion into Asia Pacific. The new investment comes from London-based investment f

TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups

TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like appr

Equifax breach was ‘entirely preventable’ had it used basic security measures, says House report

A House Oversight Committee report out Monday has concluded that Equifax’s security practices and policies were sub-par and its systems were old and out-of-date, and bothering with basic securit

Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has its fourth unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new rou

Salesforce doubles down on Japan with dedicated $100M fund

It’s been a good week for Japanese startups. Fresh from Google making a rare investment in the country when it backed AI startup ABEJA, Salesforce — another U.S. tech titan — has ann

Teen debit card Current now acts like a real bank account

Current, the app-controlled teen debit card that’s managed by parents, is starting to look more like a bank. Today, the startup announced it’s now adding to its debit account for teens sup

NEA spin-out NewView Capital raises $1.35B for its debut growth fund

Longtime NEA general partner Ravi Viswanathan has launched a new fund and brought 31 of NEA's portfolio companies with him.

Philippines fintech business Voyager raises $215M in Tencent-led round

One of the year’s largest fintech investments in Southeast Asia has closed after Philippines-based Voyager announced it raised $215 million. The bulk of the deal comes via a previously announc

LearnLux raises $2M from Sound Ventures, Marc Benioff to help employees make financial decisions

LearnLux offers businesses access to its financial wellness platform, a digital product that helps employees make important financial decisions.

Ohio becomes the first state to accept bitcoin for tax payments

Starting Monday, businesses in Ohio will be able to pay their taxes in bitcoin — making the state that’s high in the middle and round on both ends the first in the nation to accept cryptoc

The highest-flying consumer tech stocks have lost $1 trillion

Another day, another stock market setback for once high-flying technology companies, which have lost roughly $1 trillion in the latest stock market slide. Shares of the core group of consumer technol

Interest rates and fears of a mounting trade war send tech stocks lower

Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The

Today in brighter crypto news: SEC says tokens are securities

Crypto news got a little boost last week after a dark month of crashes, stablecoins and birthdays. The SEC ruled that two ICO issuers, CarrierEQ Inc. and Paragon Coin Inc., were in fact selling securi

Quantum computing, not AI, will define our future

The word “quantum” gained currency in the late 20th century as a descriptor signifying something so significant it defied the use of common adjectives. At best, that is an imprecise (though ente

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Kenya’s Twiga Foods has raised $10 million from investors led by the International Finance Corporation to add processed food and fast-moving consumer goods to its product line-up.

MetaCert can catch phishing links in your email

MetaCert, founded by Paul Walsh, originally began as a way to watch chat rooms for fake Ethereum scams. Walsh, who was an early experimenter in cryptocurrencies, grew frustrated when he saw hackers du

Fintonic users offered 0% interest on Amazon.es purchases

Personal finance management app maker Fintonic has teamed up with ecommerce behemoth Amazon to offer users in Spain interest free purchases on the local Amazon .es marketplace. The 0% finance offer

Cognigo raises $8.5M for its AI-driven data protection platform

Cognigo, a startup that aims to use AI and machine learning to help enterprises protect their data and stay in compliance with regulations like GDPR, today announced that it has raised an $8.5 million

In venture capital, it’s still the age of the unicorn

Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in res

Monashees raises $150 million for its eighth Latin American fund

As technology investment and exits continue to rise across Brazil, early-stage venture capital firm monashees today announced that it has closed on $150 million for its eighth investment fund. Commitm
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