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Tag Archives: blackrock

How a Harvard Dropout Created ‘Amazon of South Korea’

While it may sound like a story out of the movies or motivational books that many people read today, the story of Bom Kim who is the founder of Coupang, a $9 billion electronic commerce company has been inspiring through an through. Coupang has been described by many to be South Korea’s “Amazon”, an appellation that hasn’t been accorded to any other company; at least not yet. Coupang has been one of those companies that have had a history of disruption and reinvention which has helped make it...

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Swiss Bitcoin Bank Sygnum granted banking licence in Singapore

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum, the digital asset technology group based in Singapore and Switzerland, announced today that it has successfully obtained a capital markets services (CMS) licence from the Monetary Authority of Singapore (MAS). The company recently received its banking and securities dealer licence from the Swiss Financial Market Supervisory Authority (FINMA)....

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Game Development Studio Scopely Raises $200 Million to Hit $1.7 Billion Valuation

Scopely, the Lon Angeles-based mobile game development platform has recently raised $200 million in the Series D funding round. Until now, the free-to-play mobile-games publisher $458 million in total. With the latest fundraising, Scopley’s valuation has hit a massive $1.7 billion.The Series D funding round was led by NewView Capital, along with participation from the Canada Pension Plan Investment Board (CPPIB), investment firm BlackRock, and Scottish asset management firm Baillie Gifford....

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GitLab’s Total Valuation Reaches $2.75 Billion Ahead of IPO Scheduled for 2020

Photo: CoinspeakerTechnology innovation startup GitLab which operates fully remotely has raised $268 Million in series E funding ahead of the planned IPO. This was revealed on Tuesday the 17th of September by the company. This brings to $426 Million the total amount invested since 2015 and the $2.75 Billion the total valuation of the company which is more than twice the valuation when last year’s $100 Million series D funding took place. It was led by Goldman Sachs and Iconic...

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