The organization reported Tuesday it will purchase a comparable start-up called Quovo for only south of $200 million, as indicated by a source acquainted

Fintech start-up Plaid to buy competitor Quovo for $200 million in its first major deal

Plaid, which joins one-fourth of U.S. financial balances to well-known fintech applications, is purchasing a comparative information organization called Quovo. The arrangement is worth about $200 million, a source comfortable with the transactions, and primes Plaid to venture into the financier and riches the executive’s field. “Together, we’ll assemble a solitary stage that designers and […]

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Blockchain Startup Gamedex Raises $800,000 Seed Round to Build Platform for Digital Collectible Card Games like Pokemon

Blockchain Startup Gamedex Raises $800,000 Seed Round to Build Platform for Digital Collectible Card Games like Pokemon

Gamedex just raised $800,000 in a seed round led by Invictus Capital in order to build a Steam-like platform for blockchain-powered digital collectible cards and digital collectible card games like Pokemon, Hearthstone, Magic: The Gathering, and FIFA Ultimate Team. The global gaming market was worth 110 billion USD in 2017 and is projected to continue growing at a compounded […]

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Alibaba Group Draper Dragon investing $20 million into a new blockchain startup

Alibaba Group Draper Dragon investing $20 million into a new blockchain startup

Alibaba Group is cooperating with Draper Dragon, who contributing $20 million of their own cash into another blockchain startup. Ultrain, the new organization was begun in 2017, concentrating on blockchain related innovation to enhance everything related, is centered around enhancing advances to scale the blockchain for use with the gatherings developing plan of action. Draper […]

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Google partners with blockchain app startup

Google partners with blockchain app startup Google partners Google announces a partnership with Digital Asset, a startup supplying the tools to build blockchain-based apps. Last week, decentralized app toolmaker BlockApps announced a partnership with Google. Google says its Cloud customers can “now explore ways they might use distributed lodger technology (DLT) frameworks” using the tech from the […]

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Facebook will acquire natural language tech startup

Facebook will acquire natural language tech startup

Facebook will acquire natural language tech startup   Facebook is acquiring natural language processing startup Bloomsbury AI, according to TechCrunch sources. Sources put the deal between $23M and $30M in a mix of cash and stock. Bloomsbury AI’s tech helps machines answer questions based on training from documents. Facebook reportedly wants to use Bloomsbury’s team and […]

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Amazon acquires online pharmacy start-up PillPack

Amazon acquires online pharmacy start-up PillPack

Amazon acquires online pharmacy start-up PillPack Amazon acquires online pharmacy start-up PillPack for undisclosed terms. PillPack delivers medications in pre-sorted dose packaging plus handles refills and renewals. The parties expect the transaction to close during 2H18. Earlier this year, Walmart neared a PillPack acquisition with CNBC sources saying the retailer would pay less than $1B. PillPack has raised […]

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Volkswagen In Deal With Blockchain Start-up CarVertical

Volkswagen In Deal With Blockchain Start-up CarVertical

Volkswagen In Deal With Blockchain Start-up CarVertical German car maker Volkswagen has selected blockchain start-up carVertical to develop a blockchain-based concept of recording vehicle histories. Lithuania-based carVertical is a decentralized vehicle history registry, which is powered by blockchain technology. Volkswagen has granted carVertical a ticket to Volkswagen Future Mobility Incubator in Dresden after it won […]

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