Tag: finance
Prosus acquires Indian payments giant BillDesk for $4.7B, will merge with its PayU fintech group
More major consolidation underway in the world of payments: Prosus — the Dutch tech giant that bundles together Naspers’ fintech, e-commerce and other international investments and businesses outside of South Africa (including a big stake in Tencent) — today announced that it would pay $4.7 billion to acquire BillDesk, a…
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This Sequoia- and Henry Kravis-backed prediction market wants to turn opinions into money
More than 15 years ago, the Philadelphia Stock Exchange, which was acquired by Nasdaq in 2008, and another since-sold exchange called HedgeStreet, both announced they intended to offer something called event contracts to investors. The idea was to allow people to bet “yes” or “no” on questions about future events…
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A new coalition for “Open Cap Table” presents an opportunity for equity transparency
Yifat Aran Contributor Dr. Yifat Aran is a visiting scholar at the Technion, Israel Institute of Technology, and an Assistant Professor in Haifa University Faculty of Law. She earned her JSD from Stanford Law School where her dissertation focused on equity-based compensation in Silicon Valley startups. More posts by this…
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Extra Crunch roundup: Pre-pitch tactics, Warby Parker S-1, Israel’s fintech ecosystem
Forget what you’ve heard: There are many shortcuts to success. Tapping into someone else’s experience is a tried-and-true method, which is why two-time Y Combinator participant Chris Morton wrote a guest post for Extra Crunch with advice for founders hoping to be accepted by the famed accelerator. Morton, who has…
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Corporate venture capital follows the same trend as other VC markets: Up
As the global market for startup investing presses to new heights in terms of dollars invested this year, and deal volume ticks up in several regions, corporations are diving into the action. Data from CB Insights and Stryber indicate that corporate investors are taking part in deals worth more than…
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Indiagold raises $12 million for its gold-focused digital alternative credit platform
India has a unique fascination for gold. The households in the South Asian market are estimated to have a stash of over 25,000 tons of the precious metal whose value today is about half of the country’s nominal GDP. But much of this gold has been sitting idly in lockers…
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