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Sustainability focused Ecosystem Integrity Fund closes on $100 million

With six deals already under its belt, the sustainability focused investment firm Ecosystem Integrity Fund has closed its third investment vehicle at its $100 million target. Investments in the third fund include EV Connect, an electric charging company; eMotorWerks, the charging demand management software and service provider acquired by Enel; the solar mounting company, Pegasus […]

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Capital.com powers Currency.com’s ‘world first’ in tokenising government bonds

With the SEC recently releasing its long-awaited guidance on Crypto token issuers, it’s becoming clear that the crypto world is edging closer to the traditional financial world. New players are joining the sector who hail from traditional finance and trading backgrounds. Until this year, crypto exchanges focused on providing access to ICOs instead of providing […]

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Asto, the bookkeeping app from Santander, adds invoice financing for freelancers and SMEs

Asto, the Santander-owned “upstart” developing financial tools for freelancers and SMEs, is adding invoice financing to its bookkeeping app. The new offering, which potentially opens up so-called “micro-financing” to a much broader business market, comes hot on the heels of Santander Group acquiring Albert, an invoicing and expenses app for freelancers and micro-businesses. Albert’s functionality […]

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WorldCover raises $6M round for emerging markets’ climate insurance

WorldCover, a New York and Africa-based climate insurance provider to smallholder farmers, has raised a $6 million Series A round led by MS&AD Ventures. Y Combinator, Western Technology Investment and EchoVC also participated in the round. WorldCover’s platform uses satellite imagery, on-ground sensors, mobile phones and data analytics to create insurance options for farmers whose […]

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Palantir’s software was used for deportations, documents show

Data mining firm Palantir’s software was used by a U.S. government agency during an operation in 2017 in which immigrants crossing the border were arrested for deportation, newly released documents (PDF) have shown, contradicting the $20 billion firm’s earlier public statements. The Immigration and Customs Enforcement documents, obtained by advocacy organization Mijente through Freedom of Information […]

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