Rocket Internet backs Loot
London-based fintech startup Loot announced a funding round this week. The app offers a pre-paid card with a money management app to give users insights about their spendings. The $2.2 million strong Series A round came from Speedinvest and Rocket Internet’s Global Founders Capital.
Teen Founder Ben Pasternak: Hoverboarding to investor meetings
Ben is only 16 years old and has received investments (in the low millions) from investors who put their money in Snapchat and Twitter. His product: an app that allows young people specifically to buy and sell used items – in Instagram style. Before that he made the mobile game Impossible Rush, which he sold successfully. More on:
Image: Screenshot Loot