The venture capital (VC) arms of Google and Goldman Sachs participated in the latest investment round for cross-border payments company Veem, Forbes said Wednesday (Sept. 26). GV, formerly known as Google Ventures, and Goldman Sachs led the funding for Veem, though the company declined to release details on how much it raised. Investors Kleiner Perkins, Silicon […]
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JPMorgan Chase is reportedly in discussions with Lyft about being the lead banker on its pending initial public offering (IPO). CNBC, citing people familiar with the matter, reported that JPMorgan is seen as in the lead to be the underwriter after Goldman Sachs and Morgan Stanley opted not to go after the Lyft IPO, as […]
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The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. Earlier this year, CoinDesk data revealed more money was raised via ICO in the first quarter of 2018 than in the entirety of 2017, totaling $6.3 billion raised in those first three months. However, Autonomous […]
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Circle, the Goldman Sachs-backed payments company has acquired Poloniex on February 26, 2018, according to a press release on the Poloniex website. Poloniex is a cryptocurrency exchange and current users are able to trade against Bitcoin, Ethereum, Monero and Tether. With a payments company backed by one of the world’s largest investment banks coming into […]
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