Tag: finance
Social media bots may have fuelled the GameStop stock frenzy
The GameStop stock frenzy appears to largely have been the product of Reddit users and trading apps like Robinhood, but some of its contributors might not have been human. According to Reuters, cybersecurity firm PiiQ Media has determined that people… Source
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EC roundup: BNPL startups, growth marketing tips, solid state battery market map, more
When I needed a new sofa several months ago, I was pleased to find a buy now, pay later (BNPL) option during the checkout process. I had prepared myself to make a major financial outlay, but the service fees were well worth the convenience of deferring the entire payment. Coincidentally,…
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ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing options
Based in Singapore, ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational…
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If Coinbase is worth $100 billion, what’s a fair valuation for Stripe?
Mere days after we discussed Coinbase at $77 billion and Stripe at $115 billion in the private markets, those same semi-liquid exchanges have provided a new valuation for the cryptocurrency company. It’s now $100 billion, per Axios’ reporting. Good thing we argued last week that there could be some merit to…
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Extra Crunch roundup: Optimized SaaS pricing, recruiting growth experts, VC surveys, more
Since the pandemic began, have you been walking more, or do you know someone who bought a new car? Perhaps you ran your first errand on a rented e-bike or scooter? Over the last year, I’ve experimented with different mobility options to see which ones best suit my needs, as…
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Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank
Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of…
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