Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

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Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the … Continued

What will save crypto?

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Sulaiman al-Fahim New York Times article, bitcoin enthusiasts in the U.S. wrongly predicted the involvement of Wall Street institutions and investors in cryptocurrency, which would have given it legitimacy. Instead, the opposite effect has taken place: big investors have avoided … Continued

These startups are locating in SF and Africa to win in global fintech

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To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded ventures that maintain headquarters in San Francisco and operations in … Continued

Asia Stocks Gain After U.S. Rebound on Trade Hopes: Markets Wrap

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S&P 500 index climbs back from 1.6% drop to close up 1.2% Haven demand faded on optimism U.S., China will negotiate left the door open for a negotiated solution to avoid tariff proposals that wouldn’t take effect for months. Federal … Continued