Indonesian fintech startup Moka raises $24M led by Sequoia India

Indonesia’s Moka, a startup that helps SMEs and retailers manage payment and other business operations, has pulled in a $24 million Series B round for growth. The investment is led by...

Alibaba’s Ant Financial denies stealing from Equifax

Ant Financial has denied claims that it covertly raided Equifax — the U.S. credit firm that was hit by a hack last year — to grab information, including...

Paysend announces global account to compete with Revolut

Meet Paysend’s global account, a new way to hold, spend and send money in multiple currencies using a mobile app and a card. It looks a lot like Revolut’s basic...

Hong Kong-based OneDegree gets $25.5M Series A to make coverage more accessible, starting with...

OneDegree, a Hong Kong-based insurance technology startup, announced today that it has closed a Series A totaling HKD $200 million (about $25.5 million). Half of that amount was pledged by...

LendingTree is the secret success story of fintech

For all of the excitement centered around fintech over the past half-decade, most venture-backed fintech companies struggle to acclimate to public markets. LendingClub and OnDeck have plummeted since their late...

Benchmark and Tiger double down on going public

In an ecosystem enthralled with private capital and delayed public debuts, Bill Gurley has been something of a maverick. The former dot-com equity analyst and long-time partner at Benchmark...

GreyOrange raises $140M to develop fully-automated robotics for warehouses

GreyOrange, a Singapore-headquartered firm that develops robots for warehouses, has pulled in a $140 million Series C funding round as it targets more expansion and growth. The company was started in 2011. Today...

Uber CEO: No plans to sell self-driving car unit ‘for now’

Uber has no plans to sell its self-driving car research unit “at this time,” according to the company’s chief executive. Dara Khosrowshahi said that the ride-hailing giant will “absolutely” keep...

Crypto market crashes after Goldman reportedly scraps trading plans

The crypto market is down significantly today, practically across the board of all coins, following a report that claims Goldman Sachs has backed down on plans to start a...

SynapseFi raises $17M to develop its fintech and banking platform

SynapseFi, a startup that helps banks and fintech companies work together to develop technology, has announced that it raised a $17 million Series A funding round. The funding actually closed at...

APLICATIONS

Researchers demonstrate how PINs and other info can be gathered through...

A team of researchers at Newcastle University in the UK has published a paper highlighting some troubling findings...