Category: News & Trending

myfisensemyfisenseSeptember 20, 2021
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3min00
Real estate manager CapitaLand Investment (CLI) on Monday marked its trading debut on the Singapore Exchange (SGX) with the stock hitting a peak of S$3.02 before settling at S$2.93, or 10.7 cents higher than its S$2.82 offer price. The listing, which makes CLI one of the world’s largest listed real estate investment managers (REIMs), comes […]

myfisensemyfisenseSeptember 20, 2021
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4min00
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to broaden its product offerings. Sequoia Capital India and Think Investments co-led the 18-month-old startup’s Series B financing round. Existing […]

myfisensemyfisenseSeptember 20, 2021
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5min00
Flippa, an online marketplace to buy and sell online businesses and digital assets, announced its first venture-backed round, an $11 million Series A, as it sees over 600,000 monthly searches from investors looking to connect with business owners. OneVentures led the round and was joined by existing investors Andrew Walsh (former Hitwise CEO), Flippa co-founders […]

myfisensemyfisenseSeptember 20, 2021
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5min00
(Bloomberg) — Growing investor angst about China’s real estate crackdown rippled through markets on Monday, pummeling Hong Kong developers and adding pressure on Beijing authorities to stop financial contagion from destabilizing the economy. Hong Kong real estate giants including Henderson Land Development Co. suffered the biggest selloff in more than a year on speculation China […]

myfisensemyfisenseSeptember 17, 2021
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1min00
LONDON (Reuters) – El Salvador’s adoption of bitcoin as legal tender has immediate negative implications for its credit rating S&P Global said on Thursday. S&P said the main risks were that it could threaten its hopes of securing a support program with the International Monetary Fund, increase fiscal vulnerabilities, and hurt banks by creating currency […]

myfisensemyfisenseSeptember 17, 2021
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2min00
(Bloomberg) — Tencent Holdings Ltd. has lost its place among the world’s 10 largest companies by market value, leaving no Chinese company on the list as Bejing’s regulatory crackdown continues to wreak havoc on the stock market. Hong Kong-listed shares of the gaming and social media company fell 0.5% on Thursday, valuing it at $556 […]

myfisensemyfisenseSeptember 17, 2021
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6min00
(Bloomberg) — Deutsche Bank AG Chief Executive Officer Christian Sewing apologized to the German Finance Ministry and the country’s top regulator for sharply-worded criticism by one of the firm’s research analysts, seeking to avoid tensions with two of its most important stakeholders ahead of elections this month. Analyst Jan Schildbach — in a note earlier […]

myfisensemyfisenseSeptember 17, 2021
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4min00
Aircover raised $3 million in seed funding to continue developing its real-time sales intelligence platform. Defy Partners led the round with participation from Firebolt Ventures, Flex Capital, Ridge Ventures, and a group of angel investors. The company, headquartered in the Bay Area, aims to give sales teams insights relevant to closing the sale as they are […]

myfisensemyfisenseSeptember 17, 2021
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3min00
San Francisco-based early-stage venture investor 500 Startups has reached the final close of its global flagship fund at $140 million, its largest to date, according to an announcement. The 11-year-old venture capital firm also rebranded as 500 Global, with assets under management of $18 billion, expanding its investment strategy beyond the accelerator and seed stage. […]

myfisensemyfisenseSeptember 17, 2021
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3min00
XTransfer, a Chinese cross-border financial and risk management services provider, has reached unicorn valuation after raising $138 million in a Series D round to fund its global ambitions starting from Southeast Asia. The latest round was led by Dan Sundheim’s hedge fund D1 Capital Partners with participation from the firm’s existing shareholders, according to a […]

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