Julie Verhage
Stories by Julie Verhage
Temasek-backed ClassPass bags unicorn tag with latest $285m round
The New York-based company raised $285 million led by L Catterton and Apax Digital.
Morgan Stanley reap millions of dollars in fees for Uber IPO, clients stare at losses
Morgan Stanley pitched wealth management clients a chance to invest in Uber via a fund dubbed New Riders LP.
Singapore’s GIC said to invest in US crypto exchange Coinbase
GIC joins a select group of large sophisticated investors including Yale University willing to dip their toes into the crypto industry.
SoftBank Vision Fund backs out of investment talks with Kushner’s Cadre
Because Jared Kushner is overseeing Middle Eastern policy, the potential investment by the Vision Fund drew attention. The fund derives much of its $1
Tokio Marine, Intact lead $90m round for Metromile in bet on people driving less
Metromile, which offers pay-by-the-mile auto insurance targeted at infrequent drivers, currently operates in California, New Jersey and six other stat
PayPal CEO Schulman says cryptocurrencies just an experiment for now
Paypal CEO Dan Schulman says blockchain will be the more powerful part of the landscape, and that cryptocurrencies are “just one application.”
Singapore’s Temasek backs fintech startup C2FO’s $100m round
The latest round in C2FO was led by the investing arm of global insurance and asset management giant Allianz and Abu Dhabi’s Mubadala Investment Co.
Goldman-backed Circle Internet acquires digital-token exchange Poloniex
The combined companies will compete with large digital wallets and exchanges such as Coinbase Inc.
SoftBank leads $120m funding in NY-based fintech startup Lemonade
Previous backers included General Catalyst, Alphabet Inc.’s GV and Sequoia Capital.
Bitcoin guns for $10,000 as cryptocurrency mania intensifies
Bitcoin has climbed more than 40 percent over the past two weeks.
