Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spend

Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spend


Crucial Details
  • TreeCard, a weather-mindful digital funds application, raised $23 million from buyers which includes Peter Thiel’s Valar Ventures, EQT and World Fund.
  • The organization makes use of 80% of the gains it would make from card interchange expenses to plant trees via its companion Ecosia, the Google lookup rival.
  • The offer underscores greater fascination from VC traders in companies addressing local climate improve.



Resource

Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more
Finance

Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more

Check out some of the stocks making the biggest moves in midday trading. Lamb Weston – The producer of fries and frozen potato products saw shares tank 25%. Though Lamb Weston posted beats on the top and bottom lines in the second quarter, the company reaffirmed its full-year revenue guidance of $6.35 billion to $6.55 […]

Read More
Stocks making the biggest moves premarket: Oracle, CoreWeave, Nike, Coinbase & more
Finance

Stocks making the biggest moves premarket: Oracle, CoreWeave, Nike, Coinbase & more

Check out the companies making headlines before the bell. Oracle — Shares were up more than 5% in the premarket after TikTok agreed to sell its U.S. operations to a new joint venture that includes the software giant and private equity investor Silver Lake. Coinbase — The crypto exchange rose nearly 3%. On Thursday, the […]

Read More
Friday could be a wild day of trading on Wall Street. Here’s why
Finance

Friday could be a wild day of trading on Wall Street. Here’s why

Key Points More than $7.1 trillion in notional options exposure is set to expire this Friday, according to Goldman. December options expirations are typically the biggest of the year, but this one eclipses all prior records. Source

Read More