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Financial

Fund in the News: Rocket Internet

The corporate-backed internet incubator is rumoured to be heading towards an initial public offering later this year, as it continues to expand into new territories.


Jul 14, 2014

Watsi gets Tencent treatment for seed round

The startup, which can crowdfund money to treat sick people in developing nations, has raised $1.2m in a seed round that included China-based web portal Tencent.

Jul 8, 2014

Santander banks on $100m venture unit

The UK-based fund will target startups across the globe within the fintech sector as it seeks to keep abreast of innovations in the space.

Jul 7, 2014

Big Deal: Wish illustrates how personalisation is driving e-commerce

The shopping app company, which raised $50m last Friday, is just one of several companies using personalisation and curation to drive increased use and monetisation.

Jul 4, 2014

Moven monitors $8m Sberbank-backed series A

Sberbank's venture capital unit, SBT Venture Capital led the series A round, which took the personal financial data service's funding to more than $12m.

Jul 3, 2014

Tencent has 58.com's number for $736m investment

Tencent is taking a 20% stake in the e-commerce company, which went public in October and which has raised $415m through public offerings in the past year.

Jun 30, 2014

Amex Ventures moves to bigger premises

American Express's venture capital unit has moved to a new, larger premises in Silicon Valley, joining a raft of VC firms located nearby.

Jun 27, 2014

Softbank-backed Yooli raises series B round

The microlending service provider has added a round worth 'tens of millions' to a $10m series A round from Softbank last year.

Jun 25, 2014

Markit generates big returns in $1.3bn IPO

The financial services data company's initial public offering saw Bank of America, Goldman Sachs, Deutsche Bank and JP Morgan Chase all realise partial exits.

Jun 24, 2014
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