Airbnb invests as Zeus corporate housing raises $55M at $205M

As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living and will…

RaySecur, a mailroom security startup, raises $3M in seed funding

Raysecur says at least ten times a day someone sends a suspicious package containing powder, liquid, or some other kind of hazard. The Boston, Mass.-based startup says its desktop-sized 3D real-time scanning technology, dubbed MailSecur, can intercept and detect threats in the mailroom before they ever make it onto the office floor. Mailroom security may…

To measure sales efficiency, SaaS startups should use the 4×2

Brian Ascher Contributor Brian Ascher is a partner at Venrock, where he invests broadly across enterprise and fintech and serves on the boards of several companies, including Personal Capital, 6Sense, Socrates AI, Dynamic Signal, Retail Solutions, SmartBiz Loans, and Inrix. More posts by this contributor Running through walls: 6Sense’s Amanda Kahlow on values that stick…

No Libra style digital currencies without rules, say EU finance ministers

European Union finance ministers have agreed a defacto ban on the launch in the region of so-called global ‘stablecoins’ such as Facebook’s planned Libra digital currency until the bloc has a common approach to regulation that can mitigate the risks posed by the technology. In a joint statement the European Council and Commission write that…

A look at Latin America’s emerging fintech trends

Thiago Paiva Contributor Thiago is a fintech entrepreneur, investor, and columnist. He is currently a product leader at Oyster, a neobank for SMEs in Latin America. More posts by this contributor The battle to become the Mexican Nubank just started Although the 2008 global financial crisis sparked the fintech movement, in Latin America, the rise…

Delphia wants to turn your data into investment capital through collective action

A lot of companies talk about the value of your data, and about helping you get more control over the information you share, but Toronto-based Delphia is unique in aiming to build a viable, sustainable and scalable way to take a person’s data and turn that into real monetary gain. It’s not aiming to do…

Rapyd, which offers fintech-as-a-service via a single API, adds $20M more to its coffers at a $1.2B valuation

One of the biggest trends in the world of financial technology has been an ongoing push towards consolidation, where larger fish are snapping up smaller fish (including a proliferation of interesting startups) to get improved economies of scale in a business model where every transaction brings incremental returns. But today, a startup that has built…

Xiaomi launches app to offer credit to millennials in India

Xiaomi, the top smartphone vendor in India, today joined a growing wave of fintech startups in the nation that are offering credit to aspirational young professionals and millennials. The Chinese electronics giant said today it is launching Mi Credit, its curated marketplace for digital lending, that offers users credit between Rs 5,000 ($70) and Rs…

Credit startup Migo expands to Brazil on $20M raise and Africa growth

After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B funding round led by Valor Group Capital. The San Mateo based company — previously branded Mines.io — provides AI driven products to large firms so those companies can extend credit to underbanked…