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PayPal Makes Its First-Ever Investment in a Blockchain Startup
Neither PayPal nor Cambridge Blockchain disclosed the investment amount, but recent filings with the SEC indicate that Cambridge Blockchain has raised a total of $3.5 million in new equity from several investors over the past nine months.
- Categories
- Technology
- Tags
- blockchain, startups
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Why Fintech Startups Are Rapidly Becoming Unicorns in Latin America
In the past few years, over 300 fintech startups have been born in Mexico alone, coming in just second to Brazil, which boasts nearly 400 startups in its own fintech sector.
- Categories
- Finance, Technology
- Region
- Latin America
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Alibaba, Baidu, and Tencent are among the first 197 regulated blockchain firms in China
China‘s Cyberspace Administration – the country’s central internet regulator – has released the first list of companies approved to conduct business with blockchain tech.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- blockchain, regulations
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Report: Global Sustainable Investment Assets Grew by a Third in 2 Years
The U.S. was the second largest region based on its value of sustainable investing assets, which grew from $8.7 trillion in January 2016 to $12 trillion in January 2018, an increase of 38%. Assets managed under sustainable strategies made up more than a quarter of total professionally managed assets.
- Categories
- Investing
- Tags
- impact investing
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Report: Digital economy will create over 60 million jobs in India by 2025
“Job losses on account of technology intervention is nothing new but the digital technology also gives rise to new kind of jobs and workers need to reskill themselves to stay relevant,” said Anu Madgavkar, an MGI partner who headed the research.
- Categories
- Technology
- Region
- South Asia
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Sierra Leone launches competition on financial inclusion
The Sierra Leone FinTech Challenge 2019-2020 aims to harness the growing digital economy in order to develop and test innovative solutions as a way to leapfrog access to finance, and consequently build out government and private sector platforms to operationalize the benefits of the digital economy, the partners said in a joined statement published on Friday.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Women-owned startup Ellevest raises $33 million from Melinda Gates’ Pivotal Ventures, PayPal, others to help women achieve their financial goals
Ellevest was founded in 2014 by Charlie Kroll and Sallie Krawcheck with a mission to close the gender-investing gap. Ellevest helps women achieve their financial goals through modern, low-cost investing, with a beautifully designed digital platform backed by a unique investing approach.
- Categories
- Investing
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Viewpoint: As Facebook looks to WeChat, China’s digital world is wowing the West, and globalisation is no longer a one-way street
With even Silicon Valley giants like Facebook learning from the hyperconnected WeChat universe, the investment in data and AI by the Chinese state and companies is paying off.
- Categories
- Technology
- Region
- Asia Pacific
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