Investments

Kabbage, the online fintech lender for small businesses, announced Monday that it processed more than $3.5 billion in SBA-approved PPP funding to 110,000 small businesses. It claimed the loans helped…

Panamanian crypto exchange Cryptobuyer has tied up with Venezuelan local payments processor Mega Soft to enable the use of bitcoin by shoppers at Venezuela’s biggest retail chains. Starting June, more…

Kohlberg Kravis and Roberts (NYSE: KKR) reported their public equity holdings to the SEC this week. While most of their largest positions are companies that own a controlling interest after…

Blackstone Group (NYSE:BX) continued to deploy capital as the market declined in the first quarter of the year. On the private side, Blackstone has been investing in life sciences deals,…

Goldspot Discoveries Corp (CVE: SPOT) uses artificial intelligence and big data to extract more information from historical mining data. It hopes to increase the success rates in resource exploration and…

Onchain Custodian, which is a digital asset custody provider backed by Sequoia Capital, Fosun, and DHVC Capital, will provide secure and insured custody to CyberBank for its digital assets.

Michele Romanow, the co-founder and president of venture capitalist firm Clearbanc, says VCs are in “triage mode.” Triage: “Decide the order of treatment of patients of casualties.” That’s a comment…

After 13 years, Jack Ma, the founder of Alibaba Group Holding (NYSE: BABA) will be relinquishing his position on the SoftBank board at his own request. Ma retired from Alibaba…

THE DAILYALTS PLAYBOOK May 18, 2020 DailyAlts Playbook: Vaccine Hopes, Bitcoin Jolts, Softbank’s Woes, and Community Banking 101 PRIME OVERVIEW Good morning, With the Dow up 700 points on speculation…

“Life after Covid-19: Financial Technologies,” a report issued by the Dubai Future Foundation, examines the impact of the pandemic on the UAE and the Arab world, and in particular, the…