Mekong Capital

Tesla | February 05, 2020

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the Nasdaq pulled back from record levels as losses in Tesla shares weighed. Private-sector payrolls increased by 291,000 in January, the ADP National Employment Report showed, far above expectations of 156,000 job additions. Meanwhile, the Institute for Supply Management’s (ISM) data showed U.S. services sector activity picked up last month following...

Mastercard | January 31, 2020

Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp. Trust Stamp is a graduate of the 2018 Mastercard Start Path accelerator programme. The two companies introduced their first collaboration with a secure non-PII authentication network for both online and offline environments at the June 2019 ID4Africa conference in Johannesburg, South Africa. Trust Stamp's technology maps biometric identity data which is translated into a proprietary hash, ...

Reuters | March 06, 2020

The head of the U.S. Consumer Financial Protection Bureau (CFPB) said on Friday that she is asking Congress to give the regulator power to pay whistleblowers for tips that help them track down wrongdoers. The authority, which would require legislation, would help the CFPB spot abuses, particularly in the area of fair lending, CFPB Director Kathy Kraninger told reporters. The proposal would offer whistleblowers a bounty in exchange for their tip, but only if the information leads to penalties aga...

FTV Capital | August 17, 2020

Agiloft, the global standard in no-code contract and commerce lifecycle management, today announced a $45 million growth equity investment from FTV Capital, a sector-focused investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing. Bootstrapped since its inception and profitable, Agiloft’s investment from FTV is the company’s first round of external funding and will be used to build on its leadership position ...