The consulting firm CG42 recently reported that it expects the ten largest banks in the US to lose $159 billion in deposits to smaller competitors over the next year. […]
Category: News
Meet the start-up bank with millions of customers trying to disrupt the ‘adversarial’ American banking system
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Chime is among the top seven most promising personal finance companies on Forbes 2019 Fintech 50 list
Almost every personal finance company on Forbes’ 2019 Fintech 50 list is betting on the insights of behavioral finance to take their company to the next level. […]
Denis Barrier sat down with Technotopia’s John Biggs to discuss his outlook on the future of global innovation
Denis Barrier is a global investor and an amazing guy. His firm invests in the US, Europe, and Asia and we talked about our borderless future and how to spot innovation before it takes off. […]
Cathay CarTech Invests in World Leader in 3D Sensing Systems UPhoton
January 7, 2019 Cathay CarTech Fund, in partnership with Lenovo Capital, THG Ventures, TusStar Invest and ZOL QiHang Investment, has recently completed a 100 million RMB funding round for UPhoton. The leading 3D sensing system supplier once again won the recognition of capital markets. Several existing shareholders such as Shunwei Capital and Baidu Venture have […]
FINALCAD raises $40M to digitise the construction industry
December 13, 2018 Paris, December 13th, 2018. — FINALCAD, a leading construction mobile platform, today announces a $40 million Series C round, led by Draper Esprit, accompanied by Cathay Innovation and with the support of Salesforce Ventures. The investment will enable the company to significantly accelerate operations across Europe and Asia, as demand for their mobile-first […]
Finalcad, the mobile platform for the construction industry, raises $40M Series C
Finalcad, a mobile platform that enables the construction industry to digitize much of its processes, has closed $40 million in Series C funding. The round was led by publicly listed London venture capital firm Draper Esprit and Cathay Innovation, with the support of Salesforce Ventures. Existing French investors Serena, Aster and CapHorn Invest also participated. […]
The ‘Neo-Banks’ Are Finally Having Their Moment
SAN FRANCISCO — After the financial crisis 10 years ago, unhappy customers were expected to flee the megabanks for smaller competitors. It didn’t happen. And the big banks became even more entrenched. Now another wave of alternative banks are at it again, and they say they’ve learned from the mistakes of the upstart banks that […]
Satellites, Big Data Help U.S. Spy on Smugglers of Iranian Oil
Ships carrying Iranian crude have long used tactics like changing their flags of registration or switching off their radio signals to avoid detection amid Western sanctions. But when a new U.S. oil export ban begins on Nov. 5, many of the tricks of seaborne oil smuggling are less likely to be effective at helping Tehran […]
Kayrros’ technology highlighted as helping U.S. find smugglers of Iranian oil
Ships carrying Iranian crude have long used tactics like changing their flags of registration or switching off their radio signals to avoid detection amid Western sanctions. […]