funds

How Socially Responsible Investing Promotes Economic Sustainability: A Guide to Investing for the Greater Good

Socially responsible investing (SRI) is a growing trend in the investment world that seeks to promote economic sustainability by investing in companies that prioritize social and environmental responsibility. This type of investing is also known as sustainable, ethical, or impact investing. SRI is a way for investors to align their financial goals with their personal values and beliefs.The concept of SRI has been around for decades, but it has gained momentum in recent years as more people become aware of the impact their investments can have on the world. SRI

PhonePe Raises US$750M in Ongoing US$1B Fundraising Effort

PhonePe, the digital payments platform owned by Walmart, has raised US$750 million in its ongoing fundraising effort to raise US$1 billion. The latest funding round was led by Walmart and included participation from several existing investors, including Tencent, Singapore's sovereign wealth fund GIC, and others.The funds raised will be used to expand PhonePe's operations and develop new products and services. The company plans to use the funds to expand its merchant network, invest in technology and infrastructure, and hire new talent.PhonePe has been growing rapidly in India's digital payments market,

FTX, a previously bankrupt crypto exchange, has successfully recovered $7.3 billion in assets and is currently contemplating a relaunch in Q2.

FTX, a cryptocurrency exchange that filed for bankruptcy in 2019, has made a remarkable comeback. The exchange has successfully recovered $7.3 billion in assets and is now considering a relaunch in the second quarter of 2021. This news has been welcomed by the cryptocurrency community, as it shows that even a bankrupt exchange can recover and regain its position in the market.FTX was founded in 2018 by Sam Bankman-Fried and Gary Wang. The exchange quickly gained popularity due to its innovative trading features and low fees. However, in 2019, FTX

Hype Secures $10M Funding to Boost the Creator Economy through its Comprehensive Platform

Hype, a comprehensive platform for creators, has secured $10 million in funding to boost the creator economy. The funding round was led by General Catalyst, with participation from Coatue, SignalFire, and other investors. The platform aims to provide creators with the tools they need to monetize their content and build sustainable businesses.The creator economy has exploded in recent years, with more and more people turning to platforms like YouTube, TikTok, and Instagram to showcase their talents and build a following. However, many creators struggle to monetize their content and turn

Understanding the Implications of the Digital Dollar and Concerns Surrounding Transaction-Monitoring

In recent years, the concept of a digital dollar has gained traction in the United States. A digital dollar would be a digital version of the US dollar that could be used for transactions and payments, much like physical cash. While there are potential benefits to a digital dollar, there are also concerns surrounding transaction-monitoring and privacy.One of the primary benefits of a digital dollar is increased efficiency and convenience. Digital dollars could be used for transactions online and in-person, eliminating the need for physical cash and reducing the risk

DataDome Secures $42M Funding to Enhance Real-Time Protection against Bot Attacks

DataDome, a leading provider of bot management solutions, has secured $42 million in funding to enhance its real-time protection against bot attacks. The funding round was led by Elephant and included participation from ISAI, Bpifrance, and Serena.Bot attacks are a growing problem for businesses of all sizes. Bots are automated programs that can be used to perform a variety of tasks, both legitimate and malicious. Malicious bots can be used to steal data, launch DDoS attacks, and commit fraud. They can also be used to scrape content from websites or

Glopal Secures €20 Million in Funding Round to Boost Growth and Expansion Plans

Glopal, a leading cross-border e-commerce platform, has recently secured €20 million in a funding round led by European venture capital firm, Level Equity. The funding will be used to accelerate the company's growth and expansion plans, particularly in the United States market.Glopal was founded in 2015 with the aim of helping retailers expand their businesses globally by providing a simple and efficient cross-border e-commerce solution. The platform offers a range of services, including international shipping, local payment methods, and customs clearance. It also provides retailers with access to a global

Glopal secures €20 million in funding round for business growth and expansion.

Glopal, a leading cross-border e-commerce platform, has recently secured €20 million in a funding round to fuel its business growth and expansion plans. The funding round was led by the European Investment Bank (EIB) and supported by existing investors, including Unilever Ventures and Octopus Ventures.Glopal was founded in 2015 with the aim of helping businesses expand their reach and sell their products globally. The platform provides a range of services, including translation, currency conversion, and international shipping, to make it easier for businesses to sell their products in different countries.The

Jeffrey Gundlach, Billionaire ‘Bond King’, Forecasts Significant Rate Cuts by the Fed in the Near Future

Jeffrey Gundlach, the billionaire bond king and CEO of DoubleLine Capital, has recently made headlines with his prediction of significant rate cuts by the Federal Reserve in the near future. Gundlach is known for his accurate predictions in the bond market, and his latest forecast has caught the attention of investors and economists alike.Gundlach's prediction comes at a time when the US economy is showing signs of slowing down. The ongoing trade war with China, coupled with weaker global growth and geopolitical tensions, has led to concerns about a potential

Bullard from the Fed reveals that FOMC projections indicate an additional rate hike.

James Bullard, the President of the Federal Reserve Bank of St. Louis, recently revealed that the Federal Open Market Committee (FOMC) projections indicate an additional rate hike in the near future. This news has caused a stir in the financial world, as many investors and economists are now speculating about the potential impact of this decision on the economy.The FOMC is a committee within the Federal Reserve System that is responsible for setting monetary policy in the United States. The committee meets several times a year to discuss economic conditions

European Startup Funding Rounds Tracked from March 20-24: A Comprehensive Weekly Round-Up of Funding Activities.

The European startup ecosystem is constantly evolving, with new companies emerging and existing ones seeking funding to fuel their growth. Keeping track of the funding rounds can be a daunting task, but it is essential for investors, entrepreneurs, and industry observers to stay informed about the latest developments. In this article, we will provide a comprehensive weekly round-up of funding activities in Europe from March 20-24.1. Vinted - €250 millionLithuanian online marketplace Vinted raised €250 million in a funding round led by EQT Ventures and joined by previous investors Accel,