Securitization platform Cadence surpasses $125M deal volume and raises $4M

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Meet the 19 startups in AngelPad’s 12th batch

AngelPad just wrapped the 12th run of its months-long New York City startup accelerator. For the second time, the program didn’t culminate in a demo day; rather, the 19 participating startups were given pre-arranged one-on-one meetings with venture capital investors late last week. AngelPad co-founders Thomas Korte and Carine Magescas did away with the demo […]

Apple says iPhones remain on sale in China following court injunction

Apple has filed an appeal to overturn a court decision that could ban iPhone sales in China, the company said on Monday, adding that all of its models remain available in its third-largest market. The American giant is locked in a legal battle in the world’s biggest smartphone market. On Monday, Qualcomm announced that a […]

Citi wants fintech startups to disrupt institutional banking

Financial services giant Citi reckons fintech startups are missing out on a major opportunity to disrupt institutional banking. Indeed, it’s inviting entrepreneurs to do so. “Opportunity is enormous,” said Naveed Sultan, global head of treasury and trade solutions for Citi, speaking during a fireside chat at the Mobile World Congress tradeshow this week. “And the […]