Category: money

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New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during… Read more »

Millions in UK ‘could slip through virus wage safety net’

Some self-employed workers and high earners at risk despite subsidy plan, warn thinktanks Coronavirus – latest updates See all our coronavirus coverage Millions of people across Britain risk falling through… Read more »

‘A perfect storm for first time managers,’ say VCs with their own shops

Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an… Read more »

Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn

In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors… Read more »

Visa partners with Paga on payments and fintech for Africa and abroad

Visa has entered a partnership with Nigeria based startup Paga on payments and technology. Founded in Lagos, Paga scaled its fintech business in West Africa, before targeting expansion in Ethiopia… Read more »

Gaming-focused investment firm Bitkraft closes in on at least $140 million for its second fund

Esports, video games and the innovations that enable them now occupy a central space in the cultural and commercial fabric of the tech world. For the investment firm Bitkraft Esports… Read more »

Company-builder Antler passes $75M raised after investment from Schroders and Ferd

Antler is a “company builder” that emerged a couple of years ago, running startup generator programs and investing from an early stage, bringing a heady mix of technologists, product builders… Read more »

UK foreign secretary to lead country; Japan declares state of emergency; China reports no deaths from Covid-19. Boris Johnson ‘stable’ in intensive care and not on ventilator, says No 10… Read more »




Spain deaths lower for fourth day in a row; Germany sees further case drop; Japan prepares for state of emergency; US faces ‘hardest and saddest week’ Latest developments: at a… Read more »

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