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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

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2) for DPCM Capital Inc. , a special purpose acquisition company or SPAC , with the Securities and Exchange Commission (SEC). There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. He was also a technology, media and telecommunications banker at Goldman Sachs.

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Today In Payments Around The World: Lendify Secures $115M In Funding; Contour Teams With Mphasis On Trade Tech

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In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. Swedish Startup Lendify Closes $115M Funding Deal. Morgan Stanley and J.P.

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Lendingkart Secures $2.95M From Sistema Asia Fund

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The funds will be used to expand the company’s lending base, build technology and boost analytics capabilities. Launched in 2014 by Harshvardhan Lunia and Mukul Sachan, Lendingkart offers loans to micro, small and medium-sized businesses, issuing more than 60,000 loans to more than 55,000 SMBs in 1,300 cities across India so far.

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

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There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” State Regulations.

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Veem Grows Multi-Rail B2B Payment Capabilities

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Digital payment solution provider Veem unveiled central improvements to its routing technology inside of the country and abroad, according to a Wednesday (Dec. Our multi-rail technology is a game changer, offering an unprecedented level of security, speed and service to small business owners,” Veem CEO Marwan Forzley said in the announcement.

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tZERO Investment Boosts Overstock’s Shares

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Overstock shares jumped as much as 21 percent after the retailer announced that Hong Kong private equity firm GSR Capital is investing up to $270 million into Overstock’s blockchain subsidiary tZERO. As part of the deal, GSR Capital will also purchase $30 million in tZERO Security Tokens. “We billion (post-money).

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Sterling Bancorp Names Leaders Of Innovation Finance Group

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Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

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