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10 Tuesday Am Reads - The Big Picture
Our Avenatti-free Tuesday morning train reads: • Last Year for Hedge Funds Was Worse Than You Thought: Nearly two-thirds of all funds lost money in 2018. (Institutional Investor) see also Hedge Fund Launches Hit 18-Year Low (Institutional Investor) • Trump Nominates Famous Idiot Stephen Moore to Federal Reserve Board (New York Magazine) see also The Trouble… Read More The post 10 Tuesday AM Reads appeared first on The Big Picture. Full investment news article
Payments Fintech Airwallex Raises $100M Series C Funding
New fundraising was led by DST Global, which has previously backed internet giants Facebook, Airbnb and Spotify. : Airwallex confirms unicorn status following a successful Series C fundraising round of $100m USD, valuing the company at over $1bn USD. The new capital will be used to expand Airwallex's suite of international collection and payment products and to support global expansion into the US, UK / Europe and Southeast Asia. Founded in 2015, Airwallex has grown from an emerging start-up to ... Full investment news article