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As its fundraising delays, SoftBank’s second Vision Fund can be near-sighted

SoftBank is the technology conglomerate that changed the investment capital industry and made ripples in the technology world with its $100 billion Vision Fund. However, it may not be ready to...

Indian education company Byju’s allocates $200M from General Atlantic

Indian education company Byju’s announced on Friday that General Atlantic, a current investor in the startup, has pumped extra money to join its latest, ongoing investment round. More About The Investment While the...

The two-year-old Indian edtech company Doubtnut allocates $15M

Doubtnut, a Gurgaon-based startup that runs an app to assist students in learning and understanding concepts from math and science by using short videos, has allocated $15 million in the latest...

Codility allocates $22M for its tech hiring platform

Codility is a program that assists tech recruiters and hiring supervisors asses applicants through online coding examinations. It has recently announced that it has allocated a $22 million Series A round managed...

Engaging as a traffic cop for drones in towns and cities nets Airspace Link...

As the amount of drones increases in towns and cities across America, government offices are struggling to find ways to handle the oncoming traffic that’s assumed to clog up their airspace. Why...

Open banking program Tink puts €90M at a post-money cost of €415M

Tink, the European open banking program, is revealing €90 million in new funding, only 11 months after the Sweden-headquartered company declared a €56 million round of funding. Specifications About The Investment  Co-leading this...

Uber trades food delivery company in India to Zomato

Uber announced on Tuesday that it had sold its food delivery business, Uber Eats, in India to local opposing Zomato as the American ride-hailing giant runs to shed loss-making services to...

Investors such as Sundar Pichai shoved Alphabet into the trillion-dollar club for the first...

Alphabet became the fourth tech giant to enter the highly remarkable trillion-dollar club. One whose primary member, Apple, Alphabet witnessed its market cap rise past $1 trillion for the first time...

As Alphabet crests the $1T point, SaaS stocks touch record-breaking highs of their own

Maintaining the random surveys of the public markets, two situations happened this week that are worth the time.  First, a third national technology company — Alphabet — crossed the $1 trillion market...

Casper files to become public tells you can waste money selling mattresses

E-commerce sensation and D2C bright star Casper has filed to become public. The New York-based firm that put almost $340 million while single, according to Crunchbase data, assumes to trade on the...

SoftBank Vision Fund makes a $275M investment in India’s Lenskart

Lenskart, an omnichannel retailer in India that markets eyewear products, stated on Friday that it had allocated $275 million in new funding round from SoftBank Vision Fund as it seems to...

TikTok’s income said to skyrocket above 300% in Q4

According to recently published third-party data, TikTok has the purpose of dancing. The Specifications  The popular short-video application noticed its in-app purchase income rise 310% on year-over-year data, according to Apptopia, a startup...

Tech’s most prominent businesses are worth ~$5T as 2019’s classic stock market wraps up

Let's take a look at how great tech stocks did last year.  It did bonkers. So let's note the year's outcome with some records for our future selves. Yes, we understand that the Nasdaq...

Rivian includes $1.3 billion in financing for its electrical service and adventure vehicles

The American automotive technology startup Rivian has put $1.3 billion in new funding, the company announced.  More About The Latest Funding  The latest investment is the fourth round of capital declared by the...

Coral allocates $4.3M to create an at-home manicure machine

Coral is a company that desires to “simplify the special care space through intelligent automation,” and they have accumulated $4.3 million to get it done.  Their initial goal? An at-home, entirely automated...

American charges have a higher impact on U.S.-based Amazon vendors than their opponents in...

The range of charges imposed by the United States on Chinese goods has affected both U.S. and China-based Amazon vendors. According to data from across the border e-commerce company, SellerMotor says U.S....

Fundbox Raises $176 million Series C to Develop ‘Visa’ for B2B payments

Nowadays, credit cards have become universal for customer transactions, and it is not difficult to see why. By intermediating payments, networks like Visa enable buyers and sellers to trade money for...

Honeycomb.io raises $11.4M to support developers see and debug their apps

As organisations continue to increase the number of cloud-based tools and apps that are used to manage their businesses, DevOps proceeds to develop as a field of IT to help developers...

Huckleberry allocates $18M to set small business insurance online

The insurance business, sluggish and aged, is ready for disruption.  We have noticed companies like Lemonade, Hippo and Rhino take in at that moment.  Now, an insur-tech company centered on small business insurance...

Gatsby raises a $15M Series A for its current web development platform

Gatsby is a platform that uses the latest web technologies like React and GraphQL to support developers to build better sites faster. They have announced that they have raised a $15 million...

LogMeIn accepts to be obtained by Francisco Partners and Evergreen for $4.3B

LogMeIn stated that it has accepted to be auctioned for $4.3 billion to associates of Francisco Partners and Evergreen Coast Capital Corporation, the individual equity subsidiary of Elliott Management Corporation.  The acquisition...

Milieu Insight raises $2.4 million to start in more Southeast Asian countries

Milieu Insight, Singapore-based market analysis and data platform, published that it has allocated $2.4 million in pre-A funding.  The round, managed by MassMutual Ventures Southeast Asia, will be utilized on product growth...

TrueLayer, the open banking API provider, reveals financing and partnership with Visa

TrueLayer is a London based startup that has created a developer API program for fintechs and various nearby firms to use open banking. It has recently agreed on a strategic and economic...

 Gecko Robotics Raises $40 Million in Funding For Increasing Robot Production 

Gecko Robotics has piloted $40 million in funding as it looks to create an additional 40 robots over the next year to reach what the company views as increasing demand for...

75F raises $18 mn in a round led by Bill Gates, Bloomberg, Bezos-backed alliance

75F is a US-India-based company that gives energy-efficient, IoT-powered wireless building automation solutions. The company had announced on Friday that they had raised an $18 million Series A funding round. More About The...

Adobe shifts it up as it exceeds $11B in revenue

Recently, Adobe presented its quarterly earnings report, and the results were pretty good.  The Successful Year of 2019 The company made a tad under $3 billion for the quarter, at $2.99 billion, and...

Flipkart directs $60M financing in logistics startup Shadowfax

Walmart's Flipkart has supported Indian startup Shadowfax in a current $60 million funding round as the retail giant runs to strengthen its logistics network in the country. Information About The Investment Flipkart started...

Apostrophe raises $6 million to allow you to consult a dermatologist from your phone

Ben Holber and Ryan Hambley were raised together.  Hambley, the boy of a dermatologist, always had clean skin.  But Holber strived with acne from the moment he was a teenager.  The two noticed first-hand...

After its first profits miss in two years, Amazon shares get thrashed in after-hours...

Amazon shares dropped by almost 7%, or $118.38, in after-hours trading after the company listed its first profits miss in two years. More Information About Amazon's Finances Financial analysts had foretold that the...

Flow raises $37M to simplify international e-commerce

Flow is a startup that assists brands and retailers in doing cross-border e-commerce business. It has allocated $37 million in Series B funding. What Does Flow Do?  CEO Rob Keve stated that thanks to...

Storm Ventures recently sealed its sixth fund with $130 million

Storm Ventures, a presently 19-year-old, Sand Hill Road venture firm in Menlo Park, Ca., has settled on $130.4 million for its sixth funding, reveals a new SEC filing.  The outfit started its...

India’s financial services firm Paytm raises $1B

Paytm announced on Monday it has raised $1 billion in a new financing round. As the Noida-headquartered firm, which previously ruled the local mobile payments market, strives to fight back giants like...

Rhino seems to replace renters’ security deposits with a small monthly fee

Rhino is the insurtech startup produced by Kairos and co-founded by Kairos CEO Ankur Jain. It has announced the settlement of a $21 million Series A round, which was headed by Kairos...

Fabric’s latest app assists parents with the tough stuff, including wills, life insurance &...

The latest app, called Fabric, strives to make it easier for parents to plan for their family’s long-term economic well-being.  The Purpose of Fabric The aim is to give parents a one-stop-shop that...

Los Angeles-situated BuildOps, subcontracting software for real estate, allocates $5.8 million

Software developing companies tackling services for recess industries, like commercial real estate subcontracting, proceed to find Los Angeles to be fruitful ground for development. BuildOps Gets A New Investment  The newest company to...

GameClub gives mobile gaming’s biggest hits for $5 per month.

Apple Arcade started the concept of all-you-can-eat subscription-based mobile gaming to the mainstream.  Google Play Pass shortly followed as a way to subscribe to a sizable collection of both apps and games...

Is Revenue-Based Investing Worth The Effort?

There are new business models coming up in venture capital. This new wave is made up of Revenue-Based Investors. They utilize creative investing structures, over the traditional equity VC. Revenue-Based Investing, also...

Dream Games allocates $7.5M seed to improve ‘high-quality’ puzzle games

Dream Games is a Turkish mobile gaming company established by former Peak Games employees who worked collectively on hit puzzle games Toy Blast and Toon Blast, has raised $7.5 million in...

Pendo acquires $100M Series E funding on $1 billion valuation

Pendo is the late-stage startup that assists companies to know how consumers are interacting with their apps. More About The Latest Funding  It declared a $100 million Series E funding today on a...

Rahko raises £1.3M seed from Balderton toward quantum machine training tech

There continues to be a problem with the race to build a quantum computer, which is why practices in those areas can be remarkably error-prone.  Rahko is the latest U.K. startup that...

Alpaca grabs $6M for stocks API so that anyone can create a Robinhood

Stock trading app Robinhood is estimated at $7.6 billion, but it just works in the U.S.  The Introduction of Alpaca Freshly funded fintech startup Alpaca does the dirty work, so developers worldwide can...

Employee emergency and security service provider, Base Operations raises $1M

In 2017, a devastating earthquake hit Puebla, Mexico, sending shock waves to Mexico City, while damaging buildings in the nation’s megalopolis and its neighboring suburbs. This is when both public and private...

Rapyd proposes $100M for its ‘fintech as a service’ API

The digital payments market is projected to balloon to $3 trillion by 2023. And today, a startup that allows businesses to achieve not just payments, but also many other related services has...

Tencent manages $10M A funding round in SenSat which will digitize real-world places

If you can digitize all, real-world locations, you would automatically enhance the plan for big infrastructure projects that need buildings, bridges tunnels and the same.  Around $94 trillion in infrastructure financing is...

Grammarly puts $90M at over $1B+ valuation for its AI-based grammar and writing tools

While the study continues to be focused on the increase and growing sophistication of voice-based interfaces, there is a startup that is applying artificial intelligence to enhance how we interact through...

Nexkey accumulates $6M Series A round to make your company’s doors smarter

Nexkey is a company that produces a mobile access control resolution for commercial buildings and workspaces. NexKey's Latest Round of Investment   It has announced that it has raised a $6 million Series A...

Volocopter raises $55M For Flying Taxi Service

The commitment of flying cars has become an idea more compatible with the tech world’s deficiencies than its exciting potential. But now one of the startups that are focused on genuinely attempting...

Google is obtaining Fitbit for $2.1 billion

Only days after it was reported that Google was close to purchasing Fitbit, Google and Fitbit now verified the purchase. Google will spend $7.35 per share for the wearables business in an...

Welcome to the Jungle allocates $22.3 million to obtain recruitment simpler

French startup Welcome to the Jungle has established a new $22.3 million funding round (€20 million).  The Story of Welcome to the Jungle The startup is both a media firm and a tech...

Current a mobile banking app raises $20M Series B, covers half a million users

Mobile banking app Current, which started as a teen debit card managed by parents has now extended to offer personal checking accounts earlier this year.  A New Round of Investors  The company states...

DoorDash, presently estimated at $12.6B, shoots for the moon

Five years ago, Sequoia partner Alfred Lin called Tony Xu, the originator of a small on-demand delivery startup named DoorDash, said he was moving on the company’s seed round. Of course, this...

Netflix Q3 incomes surpass estimates, despite failing US subscriber growth

Netflix’s Q3 business report has given the company’s stock a lift in after-hours trading, with earnings significantly surpassing analyst expectations. The streaming giant announced profits of $5.24 billion, up 31% year-over-year and...

Netflix to allocate $2 billion in debt to finance more content spending

For the second time this year, Netflix is giving $2 billion in debt to finance its investment in content. This includes new programming, content purchases, investments and more.  The news was published...

Streaming service Quibi sold out $150M in the first-year ad inventory

Jeffrey Katzenberg’s mobile-only streaming service Quibi has not even started, yet it has already sold out of its $150 million first-year advertisement inventory.  The service, which debuts in April 2020, combines new...

LA-situated gaming studio Scopely raises $200M at a $1.7B valuation

The Los Angeles-situated mobile game development studio Scopely has enhanced into America’s latest unicorn. This is all thanks to a $200 million investment, which considers the company at a whopping $1.7 billion. Information...

Big 3 cloud infrastructure profits reach nearly $22B this quarter

Amazon, Microsoft, and Google are usually referred to as the Big 3 in the cloud infrastructure market. And, if you had any uncertainty about the potential growth of the cloud, get a...

Japanese instant-credit provider Paidy allocates $143 million from investors including PayPal Ventures

Paidy is a Japanese financial tech startup that gives instant credit to customers in Japan. It has recently announced that it has accumulated a total of $143 million in new financing.  This involves...

Amboss, the learning platform for medical professionals, raises €30M Series B

Amboss, the Berlin-based ‘Medtech’ startup that offered a learning app for students but has turned to a knowledge platform for medical professionals, has raised €30 million in Series B funding. The round...

Duality, a safety startup co-founded by the inventor of homomorphic encryption, raises $16M

The universality of APIs and cloud solutions have started up a world of exciting ways for businesses to build a service without having to create every part of it.  However, they have...

App income scales 23% every year to $21.9B in Q3

Global app income extends to rise, thanks to the increase in mobile gaming and the subscription economy. The Battle Between App Stores During the third quarter of 2019, customer revenue rose 22.9% year-over-year...

Amazon axes $14.99 Amazon Fresh fee, offering grocery delivery free for Prime members to...

Amazon is setting up the heat once again in the business of groceries, and especially, grocery delivery, to make its services more enticing in the aspect of competition from Walmart. Recently, the...

Newly-rebranded Thimble allocates $22M to take flexible insurance to the gig economy

Thimble, which gives flexible, short-term insurance to small businesses and freelancers, is stating that it has raised $22 million in a Series A funding round managed by IAC. Until today, the startup...

Jackson Square Ventures recently closed its third fund with $193 million; here’s how it...

Jackson Square Ventures (JSV), is an eight-year-old, San Francisco-based early-step enterprise firm. It gets its name from the neighbourhood in San Francisco where it is headquartered. It has concluded its third fund with...

Libra states 180 possible replacements for 7 mutineers

Despite high-profile failures from Visa, Stripe, and more, the Facebook-led cryptocurrency Libra Association published that 1,500 organizations have shown interest in joining the Libra project.  One hundred eighty of those fit the...

Algolia acquires $110M for its search-as-a-service, equipped by Slack, Twitch & others

Algolia is one of the group of startups that gives "search" as a service for websites and apps as an alternative to Google and other search engines. It is announcing a big...

Meme editor, Kapwing increases10X, raises $11M

Kapwing is a laymen's Adobe Creative Suite created for what people do on the internet: create memes and remix media. Keep reading to find out what this editor is all about...

Unbabel receives $60M for its blended approach to business translation

Unbabel is a Lisbon-based startup that has developed a platform for translating customer service messages. This is done by blending the speed of machine translation with a local human speaker difference and...

Medal.tv Raises $9 Million To Become The Social Network of the Gaming World

While Medal.tv first launched, the company was an opportunist trying to be the social network for the gaming generation. Since its introduction in February, the clipping and messaging service for gamers has...

Spotawheel Raises €5M For Its Online Used Car Dealership

Spotawheel is a startup working in Greece and Poland with a car dealership model which is pretty similar to Carvana in the U.S. It has raised €5 million in new funding.  Spotawheel's...

Urbvan, Private Shuttle Service, Raises $9 Million

As we all know that cities with developing markets deal with frequently traffic-clogged and unsafe streets, Urbvan is a startup which provides individual, high-end transportation shuttles in Mexico. Reports suggest that it...

Kaszek Ventures Raises $600 Mn In Two Funds

Kaszek Ventures is an investment firm who has just raised $600 million across two new funds. It has been one of the principal architects of the current boom in startup financing and...

Baze, Startup For Blood Testing At Home, Raises $6 Mn.

As of now, the venture world is cautious of different blood testing startups which offer health data from just a few drops of blood.  However, did Baze get lucky?  Even though there is...

Highly Demanded Parking Startup; SpotHero Raises $50 million

SpotHero, is a company based in Chicago which has created a highly demanded parking app. It has raised around $50 million in a Series D round which was led by Macquarie...

Bear Robotics to raise funds for robots that deliver food to restaurant patrons

We have yet another tech news that makes us feel like there is almost no end to the number of jobs that might be replaced. And, now you will have a...

At $152 Bn, The Gaming Industry Attracts Investors

By the end of the year, the global gaming market is projected to be worth $152 billion. Out this, 45%, approximately $68.5 billion, comes from mobile games.  With this incredible growth, there has been an...

Uber Reports Loss of Over $5 Billion in The Last Quarter

Earlier this year in April, Uber filed documents with the Securities and Exchange Commission to become a public company. That was the first time the transportation giant disclosed their earnings to...

Robinhood, Stock Trading App, Makes it Ways To UK

The Silicon Valley-based stock trading app, Robinhood is ready to set shop in the UK as it has recently been given a broker’s license with regulatory approval. While the company hasn’t...

Snap To Borrow A Billion Dollars & Convert It To Shares

According to the latest finance news, Snap, the parent company of the popularly used social media application, Snapchat, has decided to borrow a billion dollars. The company says this billion-dollar debt...

BlockFi raises $18.3 million led by Valar Ventures

The two-year-old money lending company, BlockFi, has announced an $18.3 million in Series A funding. This funding has been led by Valar Venture’s Peter Thiel and also includes participation from Winklevoss...

TD Ameritrade Introduces an In-Vehicle Finance Check Solution

As the tech industry is progressing, it is showing its effect on all the possible industries including, healthcare, marketing, and finance is no exception. To keep up with the latest trends, TD...
Read the latest blog titled, "South African Fintech Startup Lulalend Raises $6.5m"

South African Fintech Startup Lulalend Raises $6.5m

The financial sector is on a technological boom. It is one industry that is undertaking technological advancements in each of its department. Industry professionals are becoming more aware of the upcoming...
Read the latest blog titled, "Tink Partners With NatWest and Raises €56 million"

Tink Partners With NatWest and Raises €56 million

The world of technology is taking over every domain possible. The rate at which industries are benefiting by advancing their IT is distinctively seen in each of their activities. On similar...

HSBC Appoints CGI for Delivering a Global Trade Technology Platform

Trending in the latest financial tech news it has been reported that HSBC the giant banking firm has selected CGI, an IT consultancy. The firm took this decision to deliver a new...
Read the latest finance news on iTMunch titled, "Pinterest Goes Public with Lower Valuation IPO"

Pinterest Goes Public with Lower Valuation IPO

Trending in the latest fintech news, digital scrapbooking site Pinterest has announced its plans to go public. By doing so, it has become the latest Silicon Valley unicorn to publish plans...
Read the blog titled "Facebook Working on Developing Cryptocurrency"

Facebook Working on Developing Cryptocurrency

Introduction The internet is buzzing right now as the social media giant Facebook is planning to roll out new cryptocurrency over the next year. This currency is meant to allow users to send...
Read the latest startup news on iTMunch titled, "SoftBank Grants $5 Billion Fund for Latin American Tech Firms"

SoftBank Grants $5 Billion Fund for Latin American Tech Firms

In the latest finance news, Japanese Group SoftBank Corp has launched a new $5 billion fund. The generous fund will make sizable investments in Latin American technology companies. Read on to...
Read the latest blog titled "Performance of Cryptocurrency in 2018 and Predictions for 2019"

Performance of Cryptocurrency in 2018 and Predictions for 2019

Introduction The market of cryptocurrency is a fast and huge field. Nearly every day new cryptocurrencies are introduced, old one's die, early adopters get wealthy and investors lose money. The whole sentiment...

13 Surprising Tech Mergers of 2018

Tech mergers and acquisitions in 2017 hardly got any hit with only a few to mention, such as Verizon acquired Yahoo, Apple purchased Shazam and some other deals clutching the main...
New Trend - E-Gaming ICOs

The Era of A New Trend: E-Gaming ICOs

Currently trending in the latest fintech news is the possibility of collaboration between cryptocurrencies and online gaming companies, i.e. e-gaming ICOs. In many ways, the use of cryptocurrencies in online gambling...
Read the latest finance blog on iTMunch titled, european finance ministers to levy tariffs on american tech giants

European Finance Ministers to Levy Tariffs on American Tech Giants

Trending in the latest finance news, European ministers are convening to discuss levying a tech tax on American companies. The negotiations have intensified as they want to impose a European Union-wide tariff...
Read the latest finance blog on iTMunch titled, ai will cause global financial system collapse: world economic forum

AI Will Cause a Global Financial Crisis: World Economic Forum

In the latest finance news, the World Economic Forum (WEF) has published a worrisome report. It has warned that a global financial crisis is on the horizon due to artificial intelligence....
Read the latest finance news on iTMunch titled "US Tech Firm Xilinx in Talks to Acquire Israel's Mellanox"

US Tech Firm Xilinx in Talks to Acquire Israel’s Mellanox

According to the latest finance news, an American tech company named Xilinx is in talks to buy an Israeli storage and switching solutions firm, Mellanox. If the deal goes through, it...
Read the latest iTMunch blog titled, 'Tech Giants like Facebook and Amazon to Get Taxed: EU' on iTMunch.com

Tech Giants like Facebook and Amazon to Get Taxed: EU

Finance ministers across the European Union have proposed a tax on tech giants to try to maintain a balance between luring business opportunities and addressing popular concerns about the companies not...
Read the latest finance news on iTMunch titled, "Apple Rejoices at Record-Breaking Quarterly Revenue"

Apple Rejoices at Record-Breaking Quarterly Revenue

Trending in the latest finance news, Apple has reason to celebrate. The tech giant recently declared its quarterly revenue, and the figures are at an all-time high. The company's fourth-quarter earnings...

Monzo Raises £85m to Become UK’s Latest Unicorn

Trending in the latest financial tech news, challenger bank Monzo closed a £85 million investment. This has made the fintech valuation to reach a whooping £1 billion. With this, Monzo is...
Read the latest finance blog on iTMunch titled, "Assisting the Elderly: Devoted Health Raises $300 Million in New Funding"

Assisting the Elderly: Devoted Health Raises $300 Million in New Funding

Devoted Health, a startup targeting senior healthcare raised $300 million in capital earlier this week. It is now valued at a whopping $ 1.8 billion, according to undisclosed sources. The open...
According to the latest tech news, Amazon Continues to Be Analysts Favorite Stock

Amazon Continues to Be Analysts’ Favorite Stock

According to the latest tech news, Amazon's total market value has crossed $1 trillion and analysts are telling investors everywhere to buy and buy some more. Howard Silverbatt, the senior index...
Read the latest finance blog on iTMunch titled, amazon's share market valuation skyrockets to $1 trillion

Amazon Share Market Valuation Skyrockets to $1 Trillion

Tech giant Apple is now tied for first place, as Amazon just became the second US company to hit $1 trillion. The e-commerce platform sprinted its way across the finish line...
Read iTMunch's latest blog about Quickrn vs. Quickbooks

Quicken vs. Quickbooks: Which Is Better For Managing Your Money?

Whether you run a restaurant, company or even bake for a living, you often need some help to manage your finances. This wont only help you balance your books but also...
According to the latest finance news, itcoin Prices Drop Again After Recent Recovery

Bitcoin Prices Fall Again, Putting An End to Recent Recovery

According to the latest finance news, the world's biggest digital token, Bitcoin has lost more than 12 percent value from last week's gain. Following various bitcoin traders taking part in an...

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