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Category: Finance

With new funding, moves from student loan management to student loan repayments

 Back in 2014, was pitching itself as a management platform for student loan repayments. Now, three years later the company has raised $7 million in new financing as it moves from loan management services to actual repayment of student loans. It’s a business model that’s already shown promise, with companies like also looking to get in on the action. Both… Read More
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YC wants to let people invest in its startups through the blockchain

 ICOs — or initial coin offerings — are emerging as a route for startups to raise money from a wide pool of investors through cryptocurrency networks. Speaking at the TechCrunch Disrupt conference in San Francisco, Y Combinator president Sam Altman painted a mixed picture of the role of ICOs in the tech world today. It wasn’t all good. Read More
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Wall Street dings Apple after some reported LTE connectivity issues on the new Watch

 There are a lot of reports hitting the ‘net this morning in reviews of the Apple Watch Series 3, which indicate that there are some LTE connectivity issues — causing Apple to take a small dip this morning and a speed bump in its march to $1 trillion. Shares of Apple fell around 2.5% this morning, which for Apple is a pretty substantial ding for the company despite the deceptively… Read More Comments closed

Ripio Credit Network launches, aiming to attack bank loan fees in emerging markets

 Ripio Credit (formerly BitPagos), the project that reached the finals at last year’s TechCrunch Disrupt Battlefield in New York, is about to launch its new venture. The Ripio Credit Network (RCN) will be public in November and is designed to grow the product and platform outside Latin America, into the fast-emerging developing world. Born in Argentina, the original idea was to widen… Read More Comments closed

Benchmark principal Kris Fredrickson leaves for another firm

 Amidst all the drama happening between former Uber CEO Travis Kalanick and Benchmark, Kris Fredrickson has left his role as principal at Benchmark to join Coatue Management, Recode reports. Benchmark has since confirmed Fredrickson’s departure on Twitter. 1/ Thrilled for @krisfredrickson to join Coatue as Partner. Terrific opportunity. Grateful for all Kris has done for @benchmark!… Read More
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