Venture

Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, ba

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Thursday is here — how in the world did that happen? Those days, they just keep on coming. If you're still on the fence about whether you want to come along

We reported last year on the launch of a $225 million VC platform from the International Finance Corporation, a member of the World Bank, which would also cover Central Asia. In addition, Most VC launched its accelerator out of Almaty, Kazakhstan. So it's clear these regions, for too long consi

Entrepreneur Vera Kutsenko's seed stage vision for her startup was more literal back in 2021 when she co-founded a business based on her passion for home plants. The startup, Neverland, was created to help people optimize their gardens and other associated horticulture activities based on their

Fireside, the Mark Cuban-backed interactive entertainment app, has now confirmed its $25 mlion Series A, valuing the business at $138 mlion, post-money. The company had been rumored to be raising at a $125 mlion valuation last year, after attracting a number of high-profe creators to its streaming

Anthemis Group has completed restructuring that resulted in its letting go of 16 employees, or about 28% of its employees, earlier this year, the fintech-focused venture firm has confirmed to technewss. A spokesperson for London-based Anthemis said the move was an effort “to better reflect curre

ZEBOX, an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japa

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. As Twitter continues its absolutely farcical march toward its own demise, we are grabbing the popcorn to watch the fire blaze. In other news: Happy Monday, folks!

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the pr

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey, technewssers, happy Friday. I hope this is your favorite time of day because Haje and I really enjoy bringing you the news of the day written by the fabulou

Founders Pledge is a London-based charitable initiative, where entrepreneurs enter a legally binding commitment to donate to charity when they exit a portion of their personal proceeds on liquidity. Launched all the way back in 2015, the initiative was designed to help social entrepreneurs build an

Last year, The Information proclaimed the software investing playbook has gone from an exclusive recipe amongst VCs to common knowledge amongst all investors. That, in addition to cheap money, has turned software investing into a low-margin finance game. Yet, traditional VCs are still stuck with th

James Murdoch's venture fund Bodhi Tree slashed its planned investment into Viacom18 to $528 million, down 70% from the committed $1.78 billion, the two said late Thursday as the weakening global economy hammers investors' appetite. Viacom18, a joint venture between Mukesh Ambani’s Re

Insurance company MassMutual announced Thursday the launch of a new impact investing MM Catalyst Fund of $100 million. The money will be used to continue investing in Massachusetts-based diverse-led companies. It's close to finishing the deployment of its first MM Catalyst Fund of $50 million,