European mobile banking startup N26 raises $160 million from Tencent and Allianz

Mobile banking startup N26 has raised $ 160 million in a series C round of funding from Allianz Group’s investment arm Allianz X and Chinese tech titan Tencent. Founded in 2013 as “Number26,” the Berlin-based startup rebranded as N26 two years ago when it obtained its own banking license. The company serves 850,000 customers across…Read […]

Trump is reportedly considering Allianz’ Mohamed El-Erian for a post at the Fed

REUTERS/Fred Prouser President Donald Trump is reportedly considering Allianz chief economic advisor and ex-Pimco CEO Mohamed El-Erian for Fed board governor. The news has been reported by Dow Jones/WSJ and CNBC, each citing a single anonymous source. El-Erian has plenty of financial sector experience and monetary policy knowledge but could be criticized for being a creature […]

Hubble Family of Connected Nursery Devices to Acquire Allianz & BCG Digital Ventures-Backed Kaishi

PRESS RELEASE: Hubble, a leading licensee of Motorola Brand, announces plan to expand leadership position in fast-growing digital nursery platform SINGAPORE & MANHATTAN BEACH, Calif. & LONDON & HONG KONG–(BUSINESS WIRE)–August 2, 2017– Hubble Connected (Hubble), the global leader of connected nursery products sold under the Motorola brand, announces today the intent to acquire Kaishi […]