Monday, February 4, 2019

Report: Ant Financial accounted for 35% of global VC investment in fintech startups in 2018, raising $14B, almost as much as the $15.9B raised in EU and US (John Detrixhe/Quartz)

John Detrixhe / Quartz:
Report: Ant Financial accounted for 35% of global VC investment in fintech startups in 2018, raising $14B, almost as much as the $15.9B raised in EU and US  —  When it comes to financial technology companies, Ant Financial is in it own league.  The affiliate of e-commerce giant Alibaba raised $14 billion …



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...