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26Jun/15Off

JD.com Partners With ZestFinance To Offer Credit Service To Chinese Consumers

piggy bank JD.com has become the latest internet company in China to venture into the consumer credit space, after the Nasdaq-listed online retailer — a rival to Alibaba — launched a joint venture alongside LA-based financial services company ZestFinance. Read More

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26Jun/15Off

Security Firm Sophos To Raise $125M In UK IPO, Valuing It At $1.6B

sophos Sophos, the security company that makes antivirus software, firewall hardware and other products for networks, individual users and servers, is going public this morning on the London Stock Exchange, with Sophos Group plc to trade as “SOPH.” In its initial public offering, the company will sell 34.8% of its shares at 225 pence each (or 156,521,740 shares). It plans to raise… Read More

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25Jun/15Off

Playbasis Lands $1.8M To Fuel Its Gamification For Enterprise Push

money cash Playbasis, a company that offers gamification solutions for business and enterprises, has closed a $1.85 million Series A round as it bids to broaden its services and develop new technology such as virtual reality for companies. Read More

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25Jun/15Off

Alibaba’s Digital Bank Comes Online To Serve ‘The Little Guys’ In China

alibaba You may know Alibaba for its huge e-commerce business in China and the record-breaking U.S. IPO that it held last year. But there’s a lot more to the Hangzhou-based company than that, and, as of this week, that includes an online bank. Read More

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25Jun/15Off

Whittl Picks Up A Chicago-Style $3.3M Series A

Chicago It turns out geography is still a thing. Recently, Whittl, a Chicago-based company raised a $3.3 million Series A round of capital. The new monetary event follows a $1.3 million seed round that took place around two years ago. If you can’t see the irony, you haven’t lived outside of the Valley in some time. Given the generic chop of both Clinkle and Secret, it’s hard to keep… Read More

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25Jun/15Off

Reserve Strap Promises To Extend Your Apple Watch Battery By 30 Hours

slide-1-image Reserve Strap just announced the final details for its Apple Watch battery band, which it claims will add an additional 30 hours of battery life to the device. The Reserve Strap will ship at the beginning of November and will cost a pretty staggering $249.99. Read More

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25Jun/15Off

A Closer Look At The Silicon Valley Vs. Wall Street Talent War

hoodie-suit Gordon Gekko is but a distant blip in the rear-view mirror for this generation’s best and brightest. In lieu of Wall Street, today’s top graduates are flocking to Silicon Valley and other top technology hubs in droves, drawn in by visions of challenging the status quo with world-changing apps and the opportunity to make a real, lasting impact in the world. Read More

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25Jun/15Off

PayNearMe Lays Off Employees as It Forges Into New Territory

shutterstock_96476009 PayNearMe is a financial services startup that has managed to fly under the radar of the tech-savvy. That’s largely because the six-year-old company is focused on the roughly 25 percent of people in the U.S. who don’t have bank accounts to pay for things like rent and utilities and online purchases. In fact, its customers largely interface with PayNearMe’s brand when… Read More

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25Jun/15Off

FCC Chairman Tom Wheeler Defends Status Quo, Rebuffs Attempts To Open Up Spectrum Auction

fcc-tom-wheeler28 FCC Chairman Tom Wheeler rejected calls from T-Mobile and others Thursday to expand the amount of wireless spectrum being reserved for small carriers in the upcoming wireless spectrum auction. In a blog post, Wheeler held that the “current reserve size of 30 megahertz balances the desire to make low-band spectrum available to parties with limited holdings while facilitating… Read More

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25Jun/15Off

Real Estate Startup Zumper Raises Another $6.4 Million

QIqV5TBxvN-HEmGWeEYj0fZYi52pfsZsz0FXpm73XOE Zumper, the platform that allows you to list, find and apply to apartment rentals, has raised $6.4 million as a Series A1, a year after raising a $6.5 million Series A round. This round was again led by existing investors Goodwater Capital and Kleiner Perkins Caufield & Byers. Read More

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