Sarah Mishkin

London’s burgeoning fintech scene is about to get a bit bigger as a US start-up with a board of former Wall Street chief executives starts expanding internationally.

Orchard, a online direct lending platform, just raised $12m in venture funding with plans to open an office in London to tap into the UK’s growing demand, and government support, for direct lending.

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Sarah Mishkin

Start-up Product Hunt, not yet one year old, may be setting new records for fastest fundraisings and longest list of big name investors.

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Sarah Mishkin

One of the early investors in payment processing start-up Stripe is upping its investment. Not in the company itself, valued earlier this year at near $2bn, but in the ecosystem of other start-ups that is slowly coalescing around it.

General Catalyst, an early investor in Stripe, is putting up $10m fund to invest in start-ups that offer services, like analytics or other business analysis tools, tied to the company’s Stripe Connect platform. Read more

Sarah Mishkin

Payments start-up Square is raising at least $100m in a funding round that valued the group at $6bn, up from a $5bn valuation earlier this year, according to a new company filing.

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Sarah Mishkin

Paypal will soon start to enable merchants on its payments processing network to accept bitcoin, a sign of the growing acceptance and maturation of the volatile digital currency sometimes derided as magic internet money.

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Sarah Mishkin

It’s already obvious that investment into start-ups is booming, and new data out today shows just how loudly the market is roaring. Read more

Sarah Mishkin

A new tie-up between a payment company affiliated with Chinese e-commerce group Alibaba and a US-based payments processor could soon make it far easier for Chinese shoppers to buy online from overseas retailers.

Stripe, a San Francisco start-up that handles payments for online retailers, has started to let online retailers accept purchases made through Alipay, an Alibaba-affiliated payment method that is by far China’s most popular way of paying for goods bought online. Read more

Sarah Mishkin

What can a company that proposes using drones to deliver goods instantaneously do to impress?

Amazon tried hard with its Fire phone, the first smartphone ever from the e-commerce giant. It sort of succeeds, but the best thing about the phone is the vision of what it could become after a few rounds of refinements and tweaks. Read more

Sarah Mishkin

with Nicole Bullock

China’s premier job-hunting site got an impressive raise in its first day as a public company in the US, as its stock closed up 8.5 per cent on their debut day of trading.

Zhaopin, whose name means “recruit,” is a LinkedIn-like site for professional networking and job seeking. Its shares closed at $14.65. It had priced its offering of 5.6m American depositary shares at $13.50 each – the middle of an indicated range of $12.50 to $14.50. That means it raised a total of about $76m, excluding an over allotment option. Read more

Sarah Mishkin

A win for online education and sensible sanctions regulation. Today, online course provider Coursera says it is able to re-open the majority of its classes to Iranian students, a few months after US sanctions on Iran and certain other nations forced the start-up to block learners in those countries from its site.

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