MasterCard signs crypto issuing deal with Wirex
MasterCard and Visa cards. Photo: Keith Srakocic/AP MasterCard (MA) has signed its first issuing deal with a “native” cryptocurrency startup, allowing the business to distribute MasterCard debit cards that let people hold and spend crypto. MasterCard…
SoftBank-Backed Fintech Startup Seeks $3.5 Billion Value in IPO
(Bloomberg) — Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the first of India’s mega-startups to debut as its digital economy booms. The startup plans to secure about…
Is the Fisker Deal Good or Bad News for Nikola Stock?
On July 13, Spartan Energy Acquisition Corp. (NASDAQ:SPAQ) announced that it would acquire Fisker, a Los Angeles-based startup electric vehicle maker, in a reverse merger that values the merged entity at $2.9 billion. Nikola (NASDAQ:NKLA) also went…
Jeff Bezos to invest in British logistics start-up Beacon
Fraser Robinson, Beacon CEO – Beacon Jeff Bezos, the billionaire founder of Amazon, is investing in a British start-up which aims to overhaul the logistics sector and simplify how companies can export and import goods. London-based Beacon will…
Israel Start-Up Nation confirms Chris Froome signing
Israel Start-Up Nation have confirmed the signing of Chris Froome for the 2021 season, announcing on Thursday morning that the four-time Tour de France winner will sign a “long-term contract” on August 1 that will see him end his career at…
Israel Start-Up Nation boss admits ‘interest’ in Van Avermaet
Israel Start-Up Nation team owner Sylvan Adams has admitted that there’s ‘interest’ in Classics specialist Greg Van Avermaet (CCC Team) after being asked by the Belgian media whether he was considering signing the Belgian. The Israeli…
Ermenegildo Zegna Group Marks 110th Anniversary, Looks to Future With Start-up Mind-set
Click here to read the full article. BIELMONTE, Italy — “We have been rethinking and questioning everything with a new spirit, we have the mind-set of a start-up,” said Gildo Zegna, chief executive officer of the Ermenegildo Zegna Group. His family’s…
Blockchain start-up Quant appoint Comcast veteran on board
London-based blockchain start-up, Quant, has appointed veteran media executive and Vice Chairman of Comcast Corporation, Neil Smit, to its board. Quant was founded by former HM Treasury CISO, Gilbert Verdian in 2018 to solve the biggest challenges with…
It’ll be weird for Chris Froome at Israel Start-Up Nation
Geraint Thomas has publicly reacted to news of Chris Froome’s transfer to Israel-Start-Up Nation, saying his teammate will find it “weird” in his new surroundings. Thomas, currently at a Team Ineos training camp on Mount Teide, was speaking…
WME Agent David Stone and UTA Partner Ben Jacobson Form New Management Company
WME agent David Stone and UTA partner Ben Jacobson are branching off from the respective agencies to launch their own management company, The Framework Collective. Jacobson and Stone both started in the mailroom at UTA in 2005 — one week apart from one…