jp morgan
Metaverse payment platform Tilia gets strategic investment from J.P. Morgan
“Today, the way people transact has evolved,” newly appointed chief business officer (CBO) of Tilia Catherine Porter told me in an interview. “The rise of user-generated content (UGC
Why web3 companies get hacked so often, according to crypto VC Grace Isford
On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the
Data intelligence startup Near, with 1.6B anonymized user IDs, lists on Nasdaq via SPAC at a $1B market cap; raises $100M
The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form of SPACs. Near — a data intelligenc
Data-driven fintech Tifin valued at $842M in new $109M Series D round
There’s been talk throughout the venture ecosystem of a funding slowdown, but AI-powered fintech platform Tifin seems to be a clear exception. The Boulder, Colorado-based startup, which aims to
Indian food delivery giant Swiggy eyes $1 billion IPO
Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said. The startup, which was valued at $10.7 billion in i
Interactio, a remote interpretation platform, grabs $30M after seeing 12x growth during COVID-19
Interactio, a remote interpretation platform whose customers include massive institutions like the United Nations, European Commission and Parliament along with corporates like BMW, JP Morgan and Micr
ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi
ConsenSys, a key player in crypto and a major proponent of the Ethereum blockchain, has raised a $65 million funding round from J.P. Morgan, Mastercard and UBS AG, as well as major blockchain companie
Nivelo nabs $2.5M seed to reduce risk in digital ACH payments
As we plunge deeper into the pandemic, online transactions have become increasingly important, and ACH transactions, the ones that help us get direct deposit of our paychecks or pay our bills, are gro
Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups
The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three years. The Boston based accel
2019 saw a stampede of fintech unicorns
Two years ago, we created the Matrix FinTech Index to highlight what we saw as the beginnings of a 10+ year mega innovation wave in financial services.
Report: WeWork co-founder Adam Neumann may have to unload property to pay off a giant loan
Adam Neumann may be out of the daily flow of WeWork, but he seemingly remains top of mind to some of the company’s bankers. According to a new Business Insider piece, Neumann is working with JPM
The rise of the new crypto “mafias”
Ash Egan Contributor Ash Egan leads crypto investing at Accomplice. He formerly was a VC at ConsenSys Ventures and Converge. In the early 2000s, journalists popularized the term “PayPal mafia
Symphony, a messaging app that’s been a hit with Wall Street, raises $165M at a $1.4B valuation
Slack’s rapid rise and upcoming IPO are clear signs of the ripe opportunity to be had in the field of enterprise messaging. Today, a startup that’s built a messaging product specifically f
Zoom addresses CFO’s past workplace conduct ahead of IPO
Zoom prices its IPO, defends CFO after an anonymous source exposed a previously undisclosed workplace relationship.
Zoom, a profitable unicorn, files to go public
Zoom posted $330 million in revenue in the year ending January 31, 2019, a remarkable 2x increase year-over-year
The CFO of UK fintech challenger Revolut has resigned
This hasn’t been a good week for challenger bank Revolut. The company, which offers digital banking services and is valued at $1.7 billion, confirmed today that embattled CFO Peter O’Higgi
2019 looks to continue another lights-out year for fintech startups
We predicted fintechs would prove to be the more relevant disruptors in 2018. Looking ahead to 2019, we predict that fintechs will continue to steal the show.
Prosecutors charge Russian accused of hacking JP Morgan, Dow Jones
New York prosecutors have extradited a Russian hacker accused of breaking into JP Morgan, one of the world’s largest banking institutions. Moscow resident Andrei Tiurin, 35, was charged Friday
FreshDirect raises $189 million for grocery delivery
FreshDirect, a popular online grocery service on the East Coast, is arming itself with $189 million in additional funding. The round was led by J.P. Morgan Asset Management, with W Capital and AARP In