May
16
2017
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Symphony, a messaging app backed by Wall St, gets $63M at a $1B+ valuation

 Symphony, a secure messaging app that counts 15 of the world’s biggest banks among its investors and 200,000 paying customers, has raised a new tranche of funding to fuel its expansion into new markets. Symphony has closed in on $63 million; and according to sources close to the company, the startup is now valued at over $1 billion — confirming our reporting from December. Read More

Jan
18
2017
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Collibra nabs $50M at reported $650M valuation led by ICONIQ

big data words Data governance and management startup Collibra — originally founded in Belgium but now based out of New York to help businesses in sectors like finance and healthcare to manage and comply with data retention policies — has raised $50 million in its latest round of funding. The company is not disclosing the valuation, but we heard that it is in the region of $650 million (which is… Read More

Jun
04
2015
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Alibaba Invests $194M Into China Business News To Build A Financial Data Platform

Alibaba Share 86-88 Alibaba, the Chinese internet giant, is currently focused on investing internationally to grow its business, but is also continuing to build out operations at home. In the latest move, it has invested $193.6 million (RMB1.2 billion) into China Business News to create a new financial data and information services company. “The era of Data Technology is here and it will surpass the… Read More

Feb
26
2015
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Box’s Latest Vertical Package Focuses On Financial Services

Wall Street Bull Box has a plan to keep growing and it involves building vertical pillars on top of the base Box platform and APIs. To that end, Box announced a new financial services vertical today with a set of tools and technologies geared specifically to firms in the financial services industry. The company first revealed this vertical approach last Fall at the BoxWorks user conference, dubbing it Box… Read More

Feb
21
2015
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Wall Street-Backed Symphony Wants To Revolutionize Financial Services Communication

Two men sitting in front of bank of monitors with stock prices. The company’s backers include a who’s who of Wall Street financial companies: Bank of America Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo. Last fall, these companies contributed $66M to finance Symphony, and using that money, purchased Perzo, a… Read More

Apr
15
2014
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The Currency Cloud, An API-Based Money Mover, Raises Another $10M

326974467_fb7ddc6829_b With the news that Facebook has been talking to financial services startups in the UK about launching e-money services, one of the companies that powers payments for those startups has raised a round of funding. The Currency Cloud, which provides an API that end user-facing companies use for cross-currency transfers, has raised a $10 million Series B round of funding from existing… Read More

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