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PayKey Secures $6m Series A

Tel Aviv based social peer to peer payment platform PayKey has raised $6m in Series A funding led by e.ventures and Gaby Salem of Wharton...

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AyeFinance raises $10.3m Series B

New Delhi based micro-loan startup AyeFinance has raised $103m in Series B funding led by LGT Impact Ventures, SAIF Partners and Accion....

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True Link raises $3.6m in venture funding

San Francisco based retiree focused fintech products startup True Link Financial has raised $3.6m in venture funding led by Kapor Capital...

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Goldman Sachs Drops Out of R3 Blockchain Group

Goldman has let its membership in R3 lapse, despite continued interest in leveraging distributed ledger technology to cut costs and...

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Quovo Launches Account Authentication API

Portfolio company Quovo has launched its RESTful API which allows developers to instantly connect to financial accounts and verify key...

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CoverWallet secures $7.8m Series A

New York City-basedCoverWallet, an online insurance manager, has raised $7.8 million in Series A funding.Union Square Venturesled the...

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Renew raises $3m Series A

Renew.com, a senior benefits and pension platform has raised $3m in Series A funding from Venrock and Expa among other investors. 

How it...

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Fired LendingClub CEO Sets Up Rival Lender Nearby

According to corporate filings in several states, Renaud Laplanche has started a new online lender called Credify Finance. Mr. Laplanche...

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A UK Bank Disrupter Wants to Become...a Bank

U.K. online lender Zopa seeks a banking license in a rare move for the peer-to-peer lending sector. The move would help it diversify its...

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Wells Fargo makes move into robo-adviser market

The head of wealth and investment management at Wells, said the partnership with SigFig will “mark an important step forward in...

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DAH has another crack at building some technology

Blythe Masters and DAH had another crack of the technology whip this week with the launch of their Global Synchronization Log "GSL". You...

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Artivest bolsters team with new hires

Portfolio company Artivest has continued strengthening its team, announcing two new key hires. The investment platform has appointed...

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What Trump Means for Interest Rates

For more than two years, markets have priced in a lot less monetary tightening than was signaled by the Fed's "blue dots." This...

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Teamleader secures €10m Series B

Belgium based data management platform Teamleader has secured €10m in Series B funding led by Fortino Capital. Teamleader’s cloud...

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Zafin Secures USD $10 Million Growth Financing Package

Vancouver based relationship bank software provider raised a $10m venture round led by Vistar Capital Partners and Beedie Capital Partners.

“We are extremely pleased to partner with the team at Zafin and support the company’s growth plans,” said Randy Garg, Managing Partner at...…

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Toast lands $1.5M for cross-border payment services for migrant workers in Asia

Singapore based cross-board payments startup Toast raised a $1.5m Series Seed led by Aetius Capital.

Toast, like a number of other startups in the region, caters to the large number of migrant workers, who have traditionally been reliant...…

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Fintech startup MC Payment raises $3.5m to move into Thailand

Singapore-based mobile payments process MC Payment raised a $3.5m venture round led by 2W Group.

MC Payment hasn’t always moved this fast. The Singapore-based startup was founded in 2005 and has worked quietly behind the scenes,...…

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Vestwell featured in TrustAdvisor

FTC portfolio company Vestwell was recently featured in an article by TrustAdvisor. The publication sat down with founder Aaron Schumm to...

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Arex secures €3m in venture funding

Dublin based invoice financing startup Arex has raised €3m in venture funding led by Lifeline Ventures. “We solve cash flow problem of...

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Indio raises $2m Seed round

San Francisco based commercial insurance startup Indio has raised $2m in Series Seed funding from backers including NEA, Compound, Merus...

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Droit secures $16m in funding

New York based trading compliance startup Droit has raised $16m in funding from backers including Goldman Sachs, Wells Fargo and DRW...

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Classy closes $30m Series C

San Diego based social enterprise fundraising platform classy has raised $30m in Series C funding led by JMI Equity. As part of the...

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Hubbub wins $1m investment award

London based provider of digital fundraising solutions for the education and nonprofit sectors, Hubbub, has earned $1m for placing runner...

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Admiral's latest innovation denied by Facebook

UK auto insurance firm Admiral has devised a new algorithmic assessment of Facebook profiles in order to determine potential insurance...

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U.K. to see new Tech IPO in FreeAgent

Edinburgh, Scotland based cloud accounting platform FreeAgent has announced its plans for an initial public offering on the London Stock...

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Riskalyze secures $20m Series A

California based risk alignment software firm Riskalyze has raised $20m in Series A funding led by FTV Capital. Financial planners use...

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Virgin Money launches insurance venture with AIG

After AIG paid out promptly after the Virgin Galactic disaster, an impressed Sir Richard Branson approached them about doing business...

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Is Robo Advice the Best Advice?

For financial advisors making the transition to compliance with new DOL fiduciary rules, robo advisory could be a compelling option. ...

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