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For the most recent details about the financial market, technology used in finance, and much more, iTMunch is your up-to-the-minute source. Keep reading iTMunch for the latest finance news!

Impending Loan Debt

The Long Wait for Millennials to Buy a Home Due To Impending Loan Debt

According to latest financial news today, millennials today need to wait a long time for buying homes. And this all is just because they have so much of student loan debt!The...

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...
Tips for revenue based financing | iTMunch

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...
Top 10 cryptocurrency to invest in | iTMunch

Top 10 Cryptocurrencies to look forward to in 2018

You may have heard the word cryptocurrency. Have you ever thought what does it mean and why is there so much buzz around for cryptocurrencies? Why are people talking about the...

Google, Toyota finance in WhereIsMyTransport to plan transportation in developing cities

In developing markets, up to 80% of the people may have to depend on informally-run city transport to get about—actually, privately-run buses and cars. Importance of Journey-Planning Apps However journey-planning apps that serve...

Everything you need to know about FinTech

From cloud computing, market automation to autonomous cars and robots with human emotions, technology has transformed the corporate world. And now, it is taking over the financial industry too. According to...
Pinterest publish plans of its IPO | iTMunch

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...

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...

Nvidia’s Q4 financials resemble brighter skies with steady quarterly income growth

Superior artificial intelligence and graphics chipmaker Nvidia announced its 2020 Q4 financials recently. Specifics About The Investment The company published earnings of $3.11 billion for the quarter, a leap of 41% from the...

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...

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...
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...
MetaX created block-chain based whitelists

Whitelist of websites based on Block-Chain Launched by MetaX

Trending the latest marketing tech news is Santa Monica, California-based MetaX. This company has created a blockchain-based platform for applications geared toward solving some of digital advertising’s problems. In June of last year,...
Electric vehicles in India | iTMunch

The Wait for Electrifying Vehicles in India

India has a slow growth in the market of electric vehicle usage, but it is predicted that this will soon rise. According to reputed financial news platform, Economic Times, the nation...

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...

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...

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...

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...

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...
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...

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...

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...

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...

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...

Factors To Consider Before Investing is ICO’s

Initial Coin Offerings (ICO) today are like Initial Public Offerings (IPO) were during the dot.com boom – lucrative but speculative. If you are here, you’ve probably heard a couple of success...

Angela Merkel headed for fourth term – German Economy not in a mood for...

In the financial news, the German economy is currently making the rounds! Across western democracies, political turmoil reigns as voters oust incumbents and elect new faces to lead them out of international...
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...
GST insurance petition

Over 22 lakh petition signed against GST insurance

According to the business finance news, the All India Insurance Corporation Employee Union has claimed that the insurance sector of India has been severely hit by the imposition of 18 %...
Snapchat shares | iTMunch

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...

Nomura Conducts Research of Quantum Computing on Financial Services

Trending in the latest financial tech news, Japanese financial holding company aims to improve efficiency and profitability by enhancing its technological prowess. In tandem with Tohoku University, Nomura Holdings has announced that...

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...

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...

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...

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...
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...
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...
Tech stock performance in 2019 | iTMunch

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...

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...
Should You Reconsider Hiring Financial Robo Advisor

Why You Should Reconsider Your Financial Robo-Advisor?

Financial markets are in trouble with a war going on between the newcomers of the market and the already established marketers. The vast investment industry has a newcomer in the form...
SoftBank launched 5 billion fund | iTMunch

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...
Technology takes over the financial industry

Technology takes over the financial industry

A latest financial news shows that automation technology is expected to take over the financial industry. When the chairman of one of the world’s biggest banks was asked recently how technology would...
Digital Currency by Japan

Latest Digital Currency by Japan to Be Unveiled Before 2020 Olympic Games

According to the latest finance news, Japan is planning to come up with its own digital currency called J COIN. Financial Times stated that this currency is being launched especially for...

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...

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...

Winklevoss Twins Become the World’s First Bitcoin Billionaires

According to the latest finance news, Tyler and Cameron Winklevoss, twins are the first ones to invest $11 million in Bitcoin. They are also the ones who study with Mark Zuckerberg...

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...
aditi feature

8 Finance Apps Every Business Should Use

The best part of owning a small business is that you get to be involved in many different things. Right from creating a marketing plan, choosing suitable candidates, to managing inventory,...

It seems like Brandon Middaugh is going up the $1B Microsoft climate fund

Beginning of this year, Microsoft made ripples in the corporate society by reaching out with one of the most enthusiastic and wide-ranging strategies to decrease carbon radiations from the company’s services. An...

Clearstep’s COVID-19 chat-based scanner goes in-depth to protect healthcare supplies

There is an increasing number of symptom inspector and screening devices that you can utilise at home if you assume you might have caught the new coronavirus that is creating the...

Igloo allocates $8.2M to deliver insurance to more people in Southeast Asia

Singapore-based Igloo, previously known as Axinan, has allocated $8.2 million as the insurance-tech startup seems to extend its foothold in half a dozen Southeast Asian markets and Australia. InVent, a corporate investment...

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...

OptimoRoute allocates $6.5M Series A to support businesses plan better their routes

Route preparation seems like it’s an issue for significant logistics companies like Amazon, FedEx and UPS. Still, in certainty, it’s something all small business with more than a few mobile workers deals...

Walt Disney is buying 21st Century Fox Assets Worth $52.4 billion!

According to the latest finance news, Walt Disney Company has agreed to buy television film and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion worth of assets...

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...

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...
Electric car by Rivaan | iTMunch

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...
Tink - European open banking program | iTMunch

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...
According to the latest finance news, 94% of Active Monzo Users Upgrade to Current Account

94% of Active Monzo Users Upgrade to Current Account

According to the latest finance news, A UK Challenger Bank Monzo just witnessed its happiest day when 94% of their active users upgraded to the new full current account. The first prepaid...

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...
Volocopter flying taxi service raises $55M | iTMunch

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...

The ‘Pac-Man’ Maker to Launch Its Own Cryptocurrency

According to the latest news, the maker of ‘Pac-Man’ and ‘Pong’ is planning to launch its own cryptocurrency. In an announcement made last week, Atari acquired a 15% stake in a...

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...

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...
Measures against cyber crimes threatens

Inadequate measures against cyber crimes threatens progress of technology in financial sector

According to the latest financial news, technological interventions that are gradually making an entry into the global financial sector, including big data, artificial intelligence, blockchain technology and internet of things, promise...
Urbvan- Individual, high end transport shuttle | iTMunch

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...

Insight secures $9.5B fund to support portfolio businesses through the pandemic further

We are now many weeks into what has grown a very huge dip for the global market due to the coronavirus pandemic.  Still, among that, we are viewing are some great pockets...

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...

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...

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...

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...
According to the latest finance news, Ben, A Chatbot Helps Learn Everything about Bitcoins

A Chatbot to Help You Learn Everything about Bitcoins

Chatbots have become quite popular since last year and many businesses have started realizing their importance. Chatbots are being used for weather, movie recommendations, personal finance etc. Today, Chatbots are also...

Ethereum Price Increases beyond $700

According to the latest finance news, on Tuesday, 24th April 2018, Ethereum crossed a noteworthy point of reference outperforming its previous $700 stamp. In the previous week, the crypto market included...

PC shipments anticipated to fall this year due to the coronavirus outburst

The coronavirus disruption could lead to at least a 3.3% fall — and as big as a 9% drop — in the number of PCs that will dispatch globally this year,...

Analysts say, Alibaba to Beat Amazon to become the 1st Trillion Dollar Internet Company

According to the latest finance news, MKM Partners have predicted that Alibaba will reach trillion-dollar valuation before its other internet peers. According to analysts if the bull market continues then it...
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...

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...

Handle.com supports autonomous construction operators get paid on time

From extended payment cycles to out-of-date methods on how to bill operators, the massive incompetence of the construction enterprise is long overdue for modification. Enter startups like the big venture-backed Katerra and...
Renaud Laplanche introduces Upgrade credit card | iTMunch

Upgrade, the latest company by Renaud Laplanche, has a new credit card that it...

Three years before, the founder of LendingClub, Renaud Laplanche, took the covers off his second act; Upgrade A customer lending venture called Upgrade that now hires 350 people. The Story of Upgrade Upgrade has...

Ford, GM, Tesla granted the ‘go-ahead’ to provide ventilators, Trump announces

Ford, GM and Tesla have been granted the “go ahead” to create ventilators to assist ease a shortage among the COVID-19 pandemic, President Donald Trump stated in a tweet Sunday that...

Stocks Fall As Unemployment Spikes in America 

Stocks dropped in daily trading on Friday, as all significant American indices dropped in the viewing of a broadly negative jobs report.  More than 700,000 jobs were lost in the March reports,...

Box’s Aaron Levie announces that it will take creativity and focus on getting over...

The COVID-19 virus is affecting every phase of our lives and becoming a profound influence on individuals, companies and community at large.  Box’s Aaron Levie Makes A Statement Box’s Aaron Levie has created...
N26 Mobile Bank

N26 Launching in the U.S. by Mid-2018

N26 is a mobile bank that was first available in Europe, and now according to the latest finance news, this bank would be launched in the United States by mid-2018. This would...

Bitcoin Price Surges By 10% as Cryptocurrency Market Recovers

According to the latest financial news, the Bitcoin price has increased by 10%, as the majority of the cryptocurrencies in the market have recovered. Previously, CNN reported that the major correction...
Financial management software | iTMunch

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...

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...
Robinhood: stock trading app | iTMunch

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...
RBI examining fiat- cryptocurrency | iTMunch

RBI is looking to launch its own Bitcoin

According to the latest finance related news it seems demonetisation is not India's last experiment with currency. The Reserve Bank of India (RBI) is now looking at the brave new world...

Launch of Interac Debit on Samsung Pay in Canada

According to the latest finance news, on the 1st of November, Interac Association announced that their Interac Debit is now available on Samsung Pay in Canada. This launch is speculated to...

Will Cryptocurrency Rule in The Millennial Era?

The generation of millennials is associated with digitalization since they eat, breath and live gadgets. Right from computers to laptops, landline to smartphones, walkman to ipod they have seen it all....

 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...
Tom lee's plan to make profit in divergence market | iTMunch

Tom Lee Has Made a Plan to Profit Based on the Strange Divergence in...

According to Tom Lee, founder and head of research at Fundstrat Global Advisors, the weakening of U.S Dollar is having a peculiar impact on the finance stock market this year, specifically...
55% Hike in Digital Transactions and 122% Rise in Mobile Banking

55% Hike in Digital Transactions and 122% Rise in Mobile Banking in India this...

8th November 2016 witnessed one of the most shocking finance news. This day became revolutionary in the history of India as a bold move to curb corruption and implement demonetisation. Thus, began...

500 Million NEM tokens stolen from cryptocurrency exchange Coincheck

A Japanese cryptocurrency exchange has claimed it lost more than $400 million in tokens following an alleged hack on its service. Coincheck said Friday that some 500 million tokens of NEM, worth...

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...

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...

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...
Read our latest finance blog to find out the Top Surprising Places You Can Spend Your Cryptocurrency

Top Surprising Places You Can Splurge Your Cryptocurrency

Cryptocurrencies instantly became a force to be reckoned with and generated a lot of hype. As the value of cryptocurrencies went up so did the hype surrounding it. It became the...
Ripple says banks not ready for blockchain

Banks Not Ready for Distributed Ledger Technology (DLT) Says Ripple Executive

According to the latest finance tech news, a senior executive at one of the top startups in the DLT space expressed that due to privacy and scalability issues, banks are unable to...
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...

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Culture Amp lays off 8% of its employees | iTMunch

Culture Amp lays off 8% staff as it is impacted by COVID-19

Australian Unicorn Culture Amp lays off 8% of its workforce as it feels hit by the economic slump caused by COVID-19. With an overall...
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The term "fake news" first gained popularity around the 2016 presidential elections, and since then politicians have not stopped talking about it. However, misinformation...

Australia wins the world’s first AI Eurovision song contest

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