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Vertex Ventures hits $230M first close on new fund for Southeast...

Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so...

OpenFin raises $17 million for its OS for finance

OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C...

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to...

Mattress startup Casper said to be valued at $1.1B with new...

Direct-to-consumer mattress business Casper has secured a $100 million Series D investment from existing investors Target, NEA and Norwest Venture Partners. The fresh infusion of...

Cross-border fintech startup Airwallex raises $100M at a valuation of over...

Australia-based Airwallex is the latest tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million...

Blueground raises $20 million for flexible apartment rentals

Blueground, the startup providing turnkey flexible rental apartments, has raised $20 million in a round led by Athens-based VentureFriends, with participation from Endeavor Catalyst,...

Venmo launches a ‘limited edition’ rainbow debit card for its payment...

Hoping to entice more users to attach the Venmo Mastercard to their account, Venmo this morning announced it’s launching a “special edition” rainbow-colored version...

China wants its rural villages to go cashless by 2020

Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run daily errands as Beijing...

Visa and Mastercard could raise interchange fees

According to a report from the WSJ, Visa and Mastercard are considering raising interchange fees on card transactions in the U.S. Visa and Mastercard...

Amazon, WesternUnion debut PayCode to sell goods in emerging markets and...

While Amazon has been methodical (read: a little slow) in launching local versions of its site for various global markets, it has now embarked...