In the United States, The average bank interest rate for interest checking accounts is a meager 0.03%. Savings accounts aren’t any better either. The average savings account rate is currently 0.06%, while the average money market account interest rate is 0.09%. Considering […]
Global payments giant Visa revealed Monday it bought CryptoPunk,” one of the thousands of non-fungible token (NFT)-based digital avatars for $165,000. According to the company’s official news-based Twitter account, Visa told its 114,000 followers it paid 49.5 ethereum ($165K) for the […]
Pharmaceutical giant Pfizer announced on Monday it has agreed to buy Canadian drug developer Trillium Therapeutics in a deal valued at $2.26 billion to strengthen its arsenal of blood cancer therapies. According to the announcement, Pfizer will pay $18.50 for […]
SoftBank Group’s Vision Fund is the world’s largest technology-focused venture capital fund with over $100 billion in assets. Since its inception 39 years ago, the Japanese giant has invested billions of dollars in technology startups around the world, except in […]
In North America alone, the Rent-to-Own Industry is $8.5 billion, according to 2019 data from the Association of Progressive Rental Organizations, a nonprofit trade association advocating on behalf of the rent-to-own industry. The data includes dealers and companies that rent furniture, electronics, […]
In 2012, Tilt CEO James Beshara was named one of the 15 sharpest up-and-coming CEOs in Silicon Valley. Tilt (formerly Crowdtilt) was a crowdfunding company that allowed for groups and communities to collect, fundraise, or pool money online. The company was […]
According to an estimate from the World Bank data, global remittances were estimated to be about $702 billion in 2020, down from $719 billion in 2019. Of that total, $540 billion are expected to have flown into low and middle-income […]
Airlift, a Lahore, Pakistan-based transportation company has raised $85 million in the largest-ever funding round for a Pakistani startup. Co-led by Harry Stebbings’ 20 VC Explorer and Josh Buckley’s Buckley Ventures, the round is also the largest Series B ever raised by […]
We all have people who helped make us who we are. Call them mentors, godparents, great bosses, or just wise friends; no one makes their way to success completely on their own. In business, this concept is similar. Incubators aren’t […]
SenseTime, the AI facial recognition startup that is used by the Chinese government to surveil its citizens, is planning for an up to $2 billion initial public offerings (IPO) in Hong Kong stock exchange as soon as the end of […]
No day goes by without headlines on cyberattacks. But we’re now beginning to see a different type of attack, this time the attack on cryptocurrency. This morning, Japanese cryptocurrency exchange Liquid said in a Twitter post that it has been […]
Two years ago, we looked at Europe’s top-funded startups. Since our last story, thousands of European tech startups have been created, raising a collective of nearly $9 billion in disclosed equity funding as of October 8, 2019. Europe is also […]
If you don’t automate your critical lease accounting workflows and tasks, you run the risk of racking huge admin costs. You’ll also get stuck in inefficient workflows and complicate your Generally Accepted Accounting Principles (GAAP) accounting standards compliance processes. The […]
According to Food and Agricultural Organization (FAO), a branch of the United Nations, the global full costs of food wastage amount to about $2.6 trillion per year, including $700 billion of environmental costs and $900 billion of social costs. What if […]
Since the introduction of visual programming, developers and designers have been at loggerheads over user interface designs, user experience (UX), look-and-feel, among others. These days, more and more designers are being tasked with non-design-related tasks like frontend coding and UX designs rather than graphic […]
Performance is more important than ever for modern websites. While creating a great-looking website on website design platforms is easy, optimizing it for performance is a tough task. Aside from streamlined visual elements, creators need to ensure that the website’s […]
Wish is an e-commerce shopping app and one of the largest and global eCommerce platforms online. We covered Wish.com late last year after the marketplace announced the launch of a $2 million fund to support independent, black-owned retail businesses across the US. The […]
In 2015, Tesla was losing more than $4,000 on every car sold. The company was burning through cash at an alarming rate that reminds us of the dot-com bubble. Tesla burned $359 million in cash in the second quarter as it battled […]
Cardiovascular disease is the leading cause of morbidity and mortality in the United States. It is also the leading cause of mortality in the world, with an estimated 17 million deaths each year. To provide treatment for this deadly disease, Oxford, England-based HealthTech […]
Treliant, a Washington, DC-based Treliant regulatory and compliance consulting firm announced today it has acquired Vox Financial Partners (Vox) to strengthen its capital markets capabilities and expand its footprint into Europe. The total amount of the deal was not disclosed. The transaction […]
