Sectors
British cross-border payments startup The Currency Cloud raises $10M in funding
London, UK-based cross-border payments startup The Currency Cloud raised $10 million in a Series B funding round to make international payments smoother and more transparent.
Startup financial firm Betterment receives USD32 million funding round
Financial services startup Betterment has received USD32 million funding round from new and previous investors, reported TechCrunch.
Twitter acquires social data provider Gnip
Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.
Sources: Kenya's Britam to acquire 30 percent stake in Continetal Re Kenya Ltd
Kenya's Britam would acquire 30 percent stake in Continetal Re Kenya Ltd in a deal valued USD3.5 million, reported Ventures Africa.
Latest News
Hacker Andrew Auernheimer a.k.a Weev has been freed from prison and talked about establishing a new hedge fund called TRO LLC, reported TechCrunch.
Naguib Sawiris has been looking at a potential investment in Telecom Italia, his latest attempt after failing to get hold of stake two years ago, reported Ventures Africa.
Zebra Technologies Corporation and Motorola Solutions has signed a deal for a merger agreement valued USD3.45 billion, reported ET.
Comcast Corp and Time Warner Cable's merger was backed by Washington Post in an editorial posted Tuesday, reported Reuters.
Brooklyn, US-based men's shoe retailer GreatsBrand scored $1.5 million in a seed funding round led by Resolute Ventures to restock its inventory of affordable shoes and continue building its brand.
Boston, US-based food ordering platform ezCater scooped up $4 million in a funding round from several investors and high-net worth individuals to beef up its online list of food caterers around the country.
Beaverton, US-based marketing automation software vendor Act-On landed $42 million in its fifth funding round led by Technology Crossover Ventures (TCV) to fuel its growth.
In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery range.
US-based search giant Google agreed to acquire Moriarty, New Mexico-based solar-powered drone maker Titan Aerospace for an undisclosed amount for Project Loon, an initiative that aims to bring the Internet to currently offline places of the world.
Oklahoma City, US-based human resources (HR) and payroll tech firm Paycom priced its initial public offering (IPO) on the New York Stock Exchange at $15 per share, which is below the $18 to $20 range expected by analysts.




