Euan Robertson started his job with New York City’s economic development team at an ominous moment. It was Monday, Sept. 15, 2008, the day Lehman Brothers filed for bankruptcy and ignited the financial crisis.
Mr. Robertson made his way through City Hall’s sprawling open office to a conference table, where he huddled with top advisers to Mayor Michael R. Bloomberg.
UK wealthtech Nutmeg recently completed a funding round of $58 million for global expansion co-led by Goldman Sachs. The move will likely see Goldman position Nutmeg alongside its retail savings platform Marcus.
Schroders, the 200 year old UK asset manager was an early investor in Nutmeg. Last year, Blackrock took a stake in the Anglo-German robo Scalabeable Capital to help it expand, foll...
Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.
However, venture capitalists are urging caution on the tech startup community. Reports i...
Multi-billion dollar payments start-up Stripe just got a new cash injection and a bit more valuable.
The company said this week that it raised an additional $100 million from Tiger Global Management, boosting its valuation to $22.5 billion. This round, first reported by the Information, follows a $245 million Series E fundraise announced last fall that put its valuation at $20 billion.