With a $223 million revenue for its last fiscal year which ended in March, TransferWise has grown by more than 50%. The company is still the most valued fintech startup in the U.K.
Backed by Google and Virgin’s Richard Branson, Blockchain.com is looking to raise $50 million as it plans to begin investing in startups. Blockchain which is already one of the most widely used wallet services, is interested in equity and crypto coins.
Virgin Galactic announced that it will go public in the second half of 2019 with Social Capital Hedosophia Holdings Corp expected to acquire 49% of the space-tourism company.
The connected door bell company Ring scores Richard Branson as an investor and doubles its rank, while increasing the popularity of the Internet of Things.
Sir Richard Branson is going to hold the Blockchain Summit on Necker Island.
Bitcoin’s biggest companies face possible legal and cashflow hurdles despite big VC injection as new innovations continue to disrupt BTC’s monopoly.