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What Apple Didn’t Tell You Last Week

PYMNTS

Stockholm is one of my favorite cities in the world and has become a real FinTech innovation hub. Sweden’s highest marginal tax rate is 57 percent, which most people actually pay since that rate applies to all income over 1.5 There’s a capital gains tax of 30 percent, too, and a sales tax of 25 percent.

Apple 100
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The Periodic Table of Tech in India

CB Insights

Our periodic table consists of 3 components: a selection of companies that have come to define tech in the country, the investors (including venture capital, corporations, and corporate venture capital arms) that support them, and notable exits from recent years. Venture Capital. Click the image below to enlarge.

Capital 53
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Trizic Raises $3 Million in Seed Funding from Operative Capital

Fintech Labs Insights

Less than a week away from its Finovate debut in San Jose , wealth advisory technology innovator, Trizic has closed a $3 million seed funding round with Operative Capital. Operative Capital initially invested $1 million in Trizic, and this week increased its investment by another $2 million. Brad Matthews is founder and CEO.

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New Investment for Dealstruck Boosts Lending Capital to More than $100 Million

Fintech Labs Insights

Dealstruck has raised $10 million in new capital from Community Investment Management. The online business lender now has a total capital of $70 million and says the investment will enable it to lend more than $100 million to small businesses. “And growing the capital pool means more access and more opportunity.”

Capital 12
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe went on to raise a seed round from Sequoia Capital, Andreessen Horowitz, SV Angel, and PayPal founders Peter Thiel and Elon Musk in 2011.

Online 98
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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

percent since 2012. Capital One and Discover have both announced that they will be tightening their underwriting standards in the new year, and Goldman Sachs has gone from plans of expanding its online consumer credit product Marcus to plans of reining it in somewhat next year. According to the Federal Reserve , U.S. trillion, up 18.5

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Tradeshift Earns Undisclosed Investment from Santander

Fintech Labs Insights

Tradeshift is the latest company to pick up an investment from Santander InnoVentures, the fintech-based venture capital fund run by Santander Group. The new capital will help Tradeshift develop its supply chain finance platform and add to the company’s B2B marketplace. Terms of the investment were not disclosed.