Currencycloud, one of the world’s leading cross border payments platforms, today announced $25 million in Series D funding with a new investment from GV (formerly known as Google Ventures) and additional funding from the existing investors – Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis. Total investment in the five-year-old FinTech company now stands at $61 million.
Currencycloud provides the tools to build cross-border products and applications. The London-based company was founded in 2012 and counts over 200 customers in 35 countries and millions of end-users have access to its platform through their payment providers. Klarna, Travelex, Standard Bank, Revolut and Azimo, have all built products using Currencycloud’s APIs. To date, $25 billion has been sent through Currencycloud’s infrastructure to over 200 countries.
What explains such a rapid success, in your opinion?
One key to success is to give people what they really need, give them something what they don’t have. Back then, we all needed fast and simple communication in the internet. Viber appeared at the right time and at the right place. Easy registration process has been one of our strengths: we use a phone number to set up and confirm user Caller ID. In addition, Viber was (and still is) free to download. The app is also easy to install and the product is well explained. Before, there were apps where you needed to have the registration first, then you had to type in other person’s nickname, wait for the response to your request,etc. With Viber the whole process has been fast, convenient and transparent.
October 04, 2017. Barcelona Glovo closes 30M€ Series B funding round with investment from Rakuten and Cathay Innovation Both investment funds along with Seaya Ventures lead the series B round of the on-demand delivery start-up.
Niall Wass, former Senior Vice President, International at Uber, is also joining the company as an advisor.
Barcelona, 4th October 2017.- Glovo, the Barcelona based start-up has successfully closed its Series B funding round of €30 million led by Rakuten and Cathay. The operation has been closed as part of a new funding round to continue international expansion that also included investment from current investors, Seaya Ventures, Entreé Capital, Caixa Capital Risk and Bonsai Venture Capital.
Founded in Barcelona in January 2015 by Oscar Pierre and Sacha Michaud, Glovo has revolutionized the way consumers can buy, receive and send products in their city, allowing them to order anything from anywhere and get it delivered within minutes. Rakuten Capital, the investment arm of Rakuten, a global leader in e-commerce and fintech services and the main global partner of FC Barcelona and the Global investment fund Cathay Innovation, both committed to supporting digital businesses, have seen in Glovo an innovative and promising business model that is transforming consumer habits and disrupting last mile delivery in major cities.
Libuda
: Uber rival Cabify raised $160M at $1.4B valuation
amid restructuring and CEO change
Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as Spain and Portugal, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion, the company confirmed to TechCrunch today.
The Series E that Maxi Mobility announced today comes from a mix of previous and new investors, including Rakuten Capital, TheVentureCity, Endeavor Catalyst, GAT Investments, Liil Ventures and WTI, as well as prominent local investors from Spain and Latin America.
Azimo, the leading online money transfer business, today announced triple-digit growth across virtually every metric - including transactions sent, gross transaction volume, and revenue - as online remittance from the diverse communities of Europe to the rest of the world booms. For example, over the past 12 months, Azimo saw a 236% increase in the amount of money sent to Poland, with Moldova (225%) and Nigeria (207%) following closely behind.
C Azimo is uniquely positioned to serve Europe's 100-million-strong global migrant population. With a payment network reaching 190 countries globally, it is now one of the most widely used online platforms for money transfer in the world. On average, the company has saved each of its customers £216/ $287 per year compared to traditional banks and money transfer businesses.
"Die linke Schulter steht und der Tiefpunkt hat sich inzwischen vermutlich auch ausgebildet" würden jetzt Charttechniker vermutlich sagen.
Da ich fundamental argumentiere, lautet mein Credo: "Die Aktie ist fundamental extrem unterbewertet - und diese Unterbewertung wird sich in alllen zeitlichen Sichten auflösen."
Das dürfte aufgrund der Marktkapitalisierung von 12 Milliarden nur wenig bewirken - da müsste schon ein Analysehaus aus der vordersten Reihe dazukommen.
Wichtig sind natürlich die Mitte Februar kommenden Quartalsergebnisse oder beispielsweise ein Börsengang von Lyft, der die versteckten Juwelen aufzeigt.
Please introduce yourself and your FinTech Startup Azimo to our readers!
I’m Dora and I have joined the Azimo team in 2014 bringing in experience from across the financial sector. As Head of Business Development, my main responsibility is instrumental in building up Azimo’s network of partners across more than 190 countries and scaling the business into new markets. It’s a constantly evolving role as the company is growing so fast – day-to- day tasks can involve anything from building relationships with partner banks, buildup of strategic partnerships and fundraising to the planning and implementation of international expansion.
Im Dezember startete das Londoner Fintech-Unternehmen Azimo seinen digitalen Geld-Transfer-Service für Unternehmen. Diese digitale Dienstleistung soll den Kunden des Zahlungsanbieters ermöglichen, Finanzen international zu managen, zum Beispiel Auslandsüberweisungen in verschiedenen Währungen in über 190 Länder zu tätigen und Rechnungen sowie Gehälter im Ausland zu bezahlen. Neben der Banküberweisung bietet Azimo bie die Abholung von Bargeld, Hauszustellungen und mobile Bezahlverfahren an. Voraussetzung für den Service ist ein Internetzugang.
belasten diese ganzen Beteiligungen das Ergebnis des Unternehmens, entsprechend reagierte und reagiert der Kurs der Aktie mit Verlusten. Natürlich ist es wichtig bei einem Invest einen möglichst guten EK zu haben, also Bodenbildung abwarten und erst kaufen wenn Rakuten nachgewiesen hat das die diversen Zukäufe einen Beitrag zu Umsatz und vorallem Gewinn beitragen können und der Kurs nachhaltig eine Erholungstendenz zeigt. Das kann noch dauern, bis dahin verbrennt man Geld.
Libuda
: Auf Seite 16 der ersten Internet-Adress am
Postingende findet Ihr eine Übersicht, aus der Ihr entnehmen könnt, dass aus zwischen 2012 und September 2017 investiertem Capital in Firmen wie Lyft, Careem, Cabify, Carousell, Azimo und anderen zum 30.9.2017 immerhin 2,573 Milliarden wurden - immerhin 1,0665 Milliarden mehr. Dabei verzinste sich das eingesetzte Kapital 34% pro Jahr (IRR = interner Zinsfuß) - eine Wert, von dem viele Hedgefunds nur träumen können.
Und dabei wurde der Wert von Lyft, der mit Abstand wertvollsten Beteiligung von Rakuten, zum 30.9.2017 der Wert noch nur mit 7,5 Milliarden angesetzt. Schon im November lagen wir bei 11,5 Milliarden und nach meinen Schätzungen sind bei einem IPO in 2018 auch 20 Milliarden in Reichweite, wodurch nach meinen Berechnungen schon allein die Beteiligung an Lyft einen Wert von ca. 2,5 Milliarden aufweisen würde.
In October Lyft had said that the previous round of funding boosted its valuation to $11 billion from $7.5 billion. The fresh funding would raise its valuation to $11.5 billion.
C2C E-COMMERCE ON THE RISE: JAPAN SURVEY SEPTEMBER 12, 2017
Asia in particular has welcomed the arrival of this new trend. In Japan, Rakuten’s presence in an expanding industry continues to grow, with a recent announcement that annualized C2C sales are approaching 100 billion yen. The company burst onto the C2C scene with its own flea market app back in 2014, called Rakuma, allowing users in Japan to sell items directly to other users through the platform. After two years of strong growth and expansion into Taiwan with Rakuma, the acquisition of Fril, the C2C fashion app that wildly over-indexes with female millennials, placed Rakuten firmly on the map as an industry leader in this space.
Libuda
: NIC ASIA Bank starts its Viber banking service;
range of services through Viber app now - ShareSansar, January 17, 2018
NIC ASIA Bank Limited (NICA) has brought into operation its Viber banking service for its customers who can now avail different banking services of the Bank through their different devices. One must subscribe the public account of NICASIA Bank through their Viber accounts to get started with the Viber banking service. Issuing the press statement, the bank informed that the customers can use the newly launched viber banking service to get information about location of bank branches and ATMs, banking hours, foreign exchange rates, among other information. Moreover, those having their mobile banking service activated with NICASIA bank can also gain access to their account data through the Viber banking service, reads the press statement.
Libuda
: Rakuten Super Points to purchase investments
Financial innovator Rakuten Securities has developed a new service aimed at making it easier for first-time investors to try their hand at the stock market. Rakuten members can now use their Rakuten Super Points instead of cash to purchase investment products.
Rakuten Super Points have been described as the “glue” that holds the ecosystem of Rakuten services together. Rakuten’s signature loyalty program can be found across all aspects of life in Japan, allowing Rakuten members to earn or spend points (at a rate of one yen per point) when doing everything from shopping online to completing credit card transactions, paying phone bills or making wedding venue reservations. The program has proved so popular that the number of points issued since its inception in 2002 recently surpassed one trillion.
Josh Bonnain, Business Development Monday, December 11, 2017
Did you know that Yelp content powers many of the apps and services you use on a regular basis? Just ask Siri where to find a nearby coffee shop or search for directions to a gas station in your BMW and up pops Yelp!
Viber is a new partner putting Yelp content to work to transform their messaging app into an awesome local experience. Starting today, discover and share great local businesses with friends directly within the Viber app on iOS and Android. With hundreds of millions of users across the globe, Viber is helping us in our mission of connecting more people with great local businesses. Viber’s integration of Yelp content into the new Chat Extension is an awesome example of the highly visual, engaging experience that can be created with the Yelp Fusion API. Search for anything in our Chat Extension and scroll through high quality photos and star ratings for top results. Send businesses to friends so they can check out its rating, proximity, photos and if it’s open now.