Most entrepreneurs gamble when they start a company—few were born from a bet. Inxeption, an E-commerce platform built on blockchain technology, is one such exception. Given the expertise behind it, the company’s…
HealthTech Firm Harpoon Wins $70m Series C Round
Immunotherapy company Harpoon Therapeutics has won a $70 million Series C funding round, with which it plans to expand its TriTAC and ProTriTAC platforms, the latter of which was unveiled just days…
London Fintech Firm Yoyo Wins $30m Funding Round
Yoyo, a British mobile payments and loyalty platform, has won $30 million from fintech investor Hard Yaka. The London-based startup, founded in 2013 by Michael Rolphe, David Nicholson and Alain Falys, will…
Fintech Firm Kooltra Raises $6.5m for Cloud FX Expansion
Canadian fintech company Kooltra has closed a $6.5 million Series A funding round, as it bids to expand its cloud-based foreign exchange (FX) solution for financial institutions. The Toronto-based firm, founded by…
Steve Cohen Joins the Crypto Craze with New Arianna Simpson Fund
Billionaire Steve Cohen is jumping on the cryptocurrency bandwagon. Cohen, a hedge fund manager and founder of Stamford, CT-based Point72 Asset Management, is backing Autonomous Partners, a newly-formed fund in the crypto…
Amazon Announces Increases in Prime Deliveries
Amazon has announced that its Prime service saw more uptake than ever before in 2017. The company, whose chief Jeff Bezos this year became the world’s richest person, will still not reveal…
Bitcoin Value Drops, as Coinbase Freezes Cash Deals Amid Insider Trading Row
The value of bitcoin has fallen over $2,000 this morning, spreading worry across its investment base. The drop, which appears to confirm expert opinion last week that the cryptocurrency was in a…
Delivery Hero’s Financials Put it Among Berlin Startup Royalty
Berlin-based Delivery Hero, which went public this June, has posted impressive financials for the first half of 2017–putting it well on track to break even ahead of schedule. The company, who food…
Britain’s Election Promises Stability – But Specter of Brexit Keeps it Away
Brexit continues to dominate European news. France’s lurch away from established political parties was greeted in the UK as much with trepidation as excitement, as finalist Presidential candidates Marine Le Pen and…
Holiday Inn Suffers Card Payment Hack
The company behind the Holiday Inn and Crowne Plaza hotel brands has admitted a security breach at almost 1,200 of its locations. The InterContinental Hotels Group (IHG), based in the UK, announced…