Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED in 2007 – declared that…
Category: QED Investors
Africa, Exclusive, Fintech, freelancers, Global Security News, payments, QED Investors, raenest, Startups
QED leads $11M investment in Nigerian fintech Raenest
As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers. They struggle to open accounts that accept US dollars, with foreign employers using incompatible payment platforms, and face slow invoicing and payment…
Africa, cedar money, cross-border payments, Fintech, Global IT News, Global Security News, QED Investors, stablecoins
QED seeds $9.9M in Cedar Money, a stablecoin payment platform
The newest generation of startups aiming to solve cross-border payments are focusing on stablecoins — cryptocurrency coins often pegged to actual currencies or other commodities to help them keep stable prices — to build solutions that work faster and often cheaper than classic financial rails. This trend is also driving a surge in investor interest…
battery storage, Climate, Exclusive, Fundraising, Global IT News, Global Security News, Niko, QED Investors, Solar Power
Solar startup Niko is building Mexico’s first virtual power plant
After more than a year of helping solar installers sell, plan, and finance panels for residential and small commercial building owners, Niko found another opportunity. © 2024 TechCrunch. All rights reserved. For personal use only.
Andreessen Horowitz, Blumberg Capital, Divvy Homes, Global IT News, Global Security News, PropTech, QED Investors, Real estate, shutdowns, Startups, Tiger Global Management
Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle
Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the…