VENTURE CAPITAL POST

Alipay is working on a plan to launch services in Europe this summer. The service will make it easier Chinese tourists to make transactions with European merchants using the app.

Deutsche Bank expressed its skepticism on the hype created around Apple’s shift to Google’s Cloud Platform from Amazon’s AWS. The bank believes that the move will not have a significant impact and that Apple is just trying to reduce its reliance on just one service.

A startup offering up to $10,000 loan to help couples fund their wedding had shifted its business concept to a crowdfunding platform. The move infuriates many couples expecting the loan, whereas the startup said that the couple wouldn’t have to pay it back as long as they stay together. The change of business plan was due to overwhelming demand and regulation challenges, stated the company.

Ezoic's automated website layout and ad improvement software was central to the closure of USD5.6 million Series A funding round through the efforts of Balderton Capital and other investors.

qodeo would be launching its cloud based service providing information as to VC/PE firms, pension and sovereign funds and user driven data for both business and academic purposes.

TrueEX's application for interest rate swap facilities is the next step to consolidate the market.

Albion Ventures had decided to invest in Aridhia for its cutting edge informatics platform.

Game titles from EA are bundled together to raise money for the company's favorite charities.

High-net individuals Tighe and Tomlinson invested $10.1 million into Revel Systems.