Billionaire Hedge Fund Managers Cohen, Dalio Tout Cryptocurrencies - The Economic Times
Dalio, who founded the world's largest hedge fund, Bridgewater Associates, told attendees at the SALT conference in New York on Wednesday, "I have more crypto than gold."
Chinese Trade Services Startup Xtransfer Reaches Unicorn Status - Nikkei Asia
HAIKOU, China -- XTransfer, a trade services startup founded by veterans of Ant Group, has raised $138 million in a fundraising round that valued the four-year old company at over $1 billion. U.S. investment group D1 Capital Partners, best known for backing online brokerage Robinhood, led the Series D round, alongside existing shareholders. Self-described as "PayPal for cross-border trade," Shanghai-based XTransfer provides currency and payment management services to over 150,000 small and mid-sized companies importers and exporters, mostly in China.
Africa Capitalworks Invests In Dorman Long Engineering - Businessday Ng
The Africa Capitalworks (ACW), a Sub-Saharan Africa-focused private equity company, has made a significant equity investment in the Dorman Long Engineering Limited (DLE) of Nigeria. The Managing Partner of the ACW, Nana Sao, explained during the agreement signing ceremony between the two organisations in Lagos, that the investment would enable the DLE to further its [...]
Banks Beware, Outsiders Are Cracking The Code For Finance - Cna
Global brands from Mercedes and Amazon to IKEA and Walmart are cutting out the traditional financial middleman and plugging in software from tech startups to offer customers everything from banking and credit to insurance. So-called embedded finance - a fancy term for companies integrating software to offer financial services - means Amazon can let customers "buy now pay later" when they check out and Mercedes drivers can get their cars to pay for their fuel.
Codesignal Announces New Advanced Assessment Capabilities Fueled By A $50M Series C Funding Led By Index Ventures
List of Venture Capital / Private Equity Firms and Sources Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory 2021 NEW EDITION NOW AVAILABLE! Buy Now for $119.95 with a free annual update in January 2022 Learn More or Buy Now VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide.
Amolyt Pharma Announces $80M Series B Financing Led By Sectoral Asset Management And Andera Partners
List of Venture Capital / Private Equity Firms and Sources Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory 2021 NEW EDITION NOW AVAILABLE! Buy Now for $119.95 with a free annual update in January 2022 Learn More or Buy Now VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide.
Gigaio Raises $14.7M In Oversubscribed Series B Funding
List of Venture Capital / Private Equity Firms and Sources Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory 2021 NEW EDITION NOW AVAILABLE! Buy Now for $119.95 with a free annual update in January 2022 Learn More or Buy Now VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide.
Edx Staked Its Reputation On Its Nonprofit Status. What Will It Mean To Be Part Of For-profit 2u? | Edsurge News
This summer yielded a surprising announcement in the world of online education: that edX, founded by Harvard University and MIT a decade ago as a ...
Global Banks Rebound To Recover Pandemic Losses In Just 12 Months
Focus turns to whether the banks will sustain the growth, especially in the absence of government support. : In the 12 months between Q2 2020 and Q2 2021, the global banking sector's market cap has surged 39.62%, adding EUR2.1tn ($2.5tn, PS1.8tn) from EUR5.3tn to EUR7.4tn. New data from Finbold has shown that on the path to recovery, the market cap slightly declined in 2020 Q3 to EUR5.2tn before gaining 17.3% the next quarter. As a critical player in the economy, the banking sector was significantly impacted by the coronavirus pandemic, recording losses under critical metrics like a market cap.
Homebuying Startup Ribbon To Take On Midwest, West Coast Markets
The Southeast-focused homebuying startup Ribbon will expand nationally after announcing a $150 million fundraising round this week. The company, which enables individuals to make cash offers in competitive housing markets, will now push into the Midwest and West Coast, CEO Shaival Shah said in an interview. Over the next 18 months the company will target mid-range homeowners in those regions who are being outbid by large investors and institutional buyers speculating on the single-family rental The post Homebuying startup Ribbon to take on Midwest, West Coast markets appeared first on The Real Deal New York.
Big Oil Boss Warns Of High Energy Prices 'for A Long Time'
The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, says Chevron's chief executive.