Will the tech acquisition spree continue?

 The year was off to a good start for technology acquisitions, according to data provided by PwC and Thomson Reuters. There were 486 U.S. tech deals announced in the first quarter totaling $42.8 billion. In terms of both number of deals and value of deals, it was the best start of the year for U.S. tech M&A since 2014. There were 28% more deals than the same period last year, although… Read More

Nugget’s new app finds the best deals on Amazon

 There are a number of great deals to be had on Amazon, but finding them across the retailer’s vast array of products is still a challenge. That’s where a new app called Nugget comes in. The app scours Amazon for higher-quality products at lower prices, and then curates them into categories you can browse from your phone. All its deals are sourced from Amazon, so you don’t… Read More

Chart: Fintech Investment in 2016

Fintech Investment in 2016

Chart: Fintech Investment in 2016

Overall numbers are down, but banks step up their game

The Chart of the Week is a weekly Visual Capitalist feature on Fridays. According to a new report by Singapore-based venture capital firm Life.SREDA, last year was a mixed bag for fintech. On the one hand, the Money of the Future Report pegs 2016 as the first year to have an overall decrease in fintech funding after taking into account any outliers. By their calculations, dealflow slowed in the last couple of quarters of the year, while the amount of funding flowing into fintech fell 6% to $19.1 billion. On the other hand, the one deal that was considered an outlier was a big one: Alibaba affiliate Ant Financial, the world’s second-largest unicorn (behind Uber), raised a Series B of $4.5 billion in early 2016. That’s the largest ever fundraising round
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