NEW YORK The venture capital arm of quantitative hedge fund manager Two Sigma has backed Trustology, a young company that develops technology to help investors safeguard digital assets such as cryptocurrencies, the companies said on Thursday.
NEW YORK Private equity firm KKR & Co Inc has led a $100 million investment in Cross River Bank, a community bank that powers some of the most well known financial technology startups in the United States, the companies said on Thursday.
NEW YORK When cryptocurrency issuers want positive coverage for their virtual coins, they buy it.
NEW YORK, Nov 23 U.S. shoppers hit department
stores on Thanksgiving evening and spent $1.75 billion online by
5 p.m. ET as a strong economy and rising wages drove a solid
start to the holiday selling season.
Payments company Square Inc on Wednesday forecast fourth-quarter adjusted profit below Wall Street estimates and its shares fell nearly 4 percent in after-hours trading.
Online lender LendingClub Corp reported an adjusted third-quarter profit that edged past analysts' estimates and raised its full-year earnings forecast on Tuesday, helped by record loan originations and higher transaction fees.
OnDeck Capital Inc , which lends to small businesses online, reported a third-quarter profit that beat estimates and raised its full-year outlook, sending its shares surging nearly 26 percent.
LAS VEGAS Wealthfront, one of the largest digital wealth management startups known as "robo-advisers," will offer its automated financial planning tool for free by the end of the year as it seeks to grow its customer base, it said on Tuesday.