News Platforms 

4 apps that help you invest in clean tech, gender equality, and a healthy planet

“The robo-advising phenomenon has facilitated the creation of some very specific investment niches, including, most notably, socially responsible investing (SRI)” writes Dustin Clendenen for businessinsider.com. The platform limits SRI investing to only two types of assets: large-cap stocks based in the US, and emerging market stocks.The platforms offers 21 different asset classes to invest in, ranging from stocks and bonds to international and US real estate.Ellevest is a digital investment platform that puts women first, tailoring all financial strategies to women’s salaries (which are often re-invested in family), gender, and…

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News 

Egyptian tycoon Abou El Enein plans to invest EGP 3.5bn over next three years

“Egyptian tycoon Mohamed Abou El Enein told Daily News Egypt that he plans to invest EGP 3.5bn in Egypt during the coming three years” writes Nihal Samir for dailynewssegypt.com. He also suggested to adopt partnership agreements in the manufacturing sector similar to the agreements in the oil and gas sector, to attract further investments.He assured that Egypt has a lot of capabilities, assuring that industry is considered the main driver of the economy.He added that increasing the private sector’s involvement in the Egyptian economy is very important, explaining that this…

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Crypto News 

Uncork Capital, Coinbase VC Arm, Others Invest $4 M in Crypto Analytics Firm Messari

“Uncork Capital has led a $4 million funding round that also saw funding from Coinbase Ventures for blockchain analytics firm Messari” writes Joeri Cant for cointelegraph.com. The data analytics firm intends to invest the raised funds into further automating its data ingestion process and its redistribution capabilities for registry clients, while broadening analytical product offerings for crypto professionals.Founder of Uncork Capital Jeff Clavier, who will also join Messari’s board of directors, said that Messari is building much-needed infrastructure that is currently missing in the cryptoverse.On Nov. 13, Messari announced that…

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News 

4 investors explain how to get started in angel investing — and how to succeed once you’re in it

“Four angel investors shared with Business Insider their expert insights into both how to get started in angel investing and how to succeed once you’re in it” writes Allison Duncan for businessinsider.com. Angel investing is typically the riskiest type of investment for investors, so Perell recommended starting in areas where you’re savvy and have expertise and also joining online angel investment groups like Angel List and Angel Capital Association.Most angel investors have a background and interest in a particular category, which is where they choose to invest their time and…

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News 

Singapore will invest US$2 billion in ‘green’ finance to mitigate and adapt to climate change risks – here’s what that means

“Green finance refers to financial services that deliver both returns and environmentally positive outcomes, including dealing with climate change” writes Lamont Mark Smith for businessinsider.sg. It cannot be that the two objectives of being green and pursuing growth are irreconcilable,” he said. “Part of this solution is to make finance green because finance mobilises the resources of the world,” he added.In order to make finance greener in Singapore, green lending has to become a mainstream activity, said Ong, who is also Education Minister. Source: businessinsider.sg

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Prosus classifieds unit invests $400 million in Frontier Car Group

“BERLIN (Reuters) – Prosus (PRX.AS) classifieds unit OLX Group will invest up to $400 million in Berlin-headquartered used car trading platform Frontier Car Group (FCG) and combine their operations across emerging markets” writes Douglas Busvine for reuters.com. It’s not clear what stake OLX will hold after its investment but it expects to be the largest shareholder. Source: reuters.com

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Markets News 

David’s Bridal just got a $55 million lifeline to stave off a second bankruptcy

“The bridal gown retailer announced Monday that it received a $55 million cash injection from its lenders to enable it to invest in future growth” writes Mary Hanbury for businessinsider.com. Moreover, its lenders have agreed to exchange $276 million of debt loans for company stock, which leaves it with a significantly reduced pot of debt at $75 million.The company plans to use the capital to invest in digital marketing to reach new customers, he said. Source: businessinsider.com

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Home fitness startup Mirror, which makes a $1,500 interactive workout mirror, raises $34M led by Point72, with participation from Lululemon and Karlie Kloss

“The company behind the $1,500 interactive fitness mirror on Wednesday announced it raised $34 million in a round of funding led by Steve Cohen’s hedge fund Point72” writes Mary Hanbury for businessinsider.com. While Lululemon would not divulge exactly how much it had invested in the company, Burgoyne described the deal as a “strategic partnership.”.  Source: businessinsider.com

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News 

Lululemon just made a bet that the $1,500 interactive workout Mirror is the future of fitness, and it should terrify boutique workout studios

“The company behind the $1,500 interactive fitness mirror on Wednesday announced it raised $34 million in a round of funding led by Steve Cohen’s hedge fund Point72” writes Mary Hanbury for businessinsider.com. While Lululemon would not divulge exactly how much it had invested in the company, Burgoyne described the deal as a “strategic partnership.”.  Source: businessinsider.com

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