0 0 0

Technology Will Be Everywhere

Aaron Schumm, CEO of portfolio company Vestwell, shares his thoughts on the future of wealth management.  Technology and secular trends...

Read More…
unknownx500

0 0 0

Venezuela's extends border closure and pulls 100-bolivar note

Venezuela's highest denomination banknote has ceased to be legal tender, in a move that has caused cash chaos and long queues at banks...

Read More…
unknownx500

0 0 15

Why Bitcoin's Remittance Disruption Slowed to a Crawl

Cross-border remittance was expected to be bitcoin’s killer app. It was a simple equation: the global remittance market is huge, and the...

Read More…
unknownx500

0 0 0

Into the fintech sandbox of the United Arab Emirates

The UAE is striving to support and develop the very nascent local fintech start-up ecosystem with rivalry emerging between Abu Dhabi and...

Read More…
unknownx500

0 0 1

Tencent: Inside China’s ‘killer app’ factory

The FT profiles how the Hong Kong-listed company keeps its customers glued to their phones and explores some of the darker Orwellian...

Read More…
unknownx500

0 0 0

How India's demonetization is affecting its startups

International ratings agency Fitch is now reporting a lowered GDP growth forecast of 6.9%, down from the earlier forecasted 7.4%, as a...

Read More…
unknownx500

0 0 0

Lunar Way raises €4.2m

Copenhagen based millennial banking app Lunar Way has raised €4.2m in venture funding led by Seed Capital. The funding will help Lunar...

Read More…
unknownx500 Moyan_Brenn

0 0 0

SupportPay raised $4.1m Series A

Sacramento based SupportPay has secured $4.1m in Series A funding led by Fenway Summer Ventures. SupportPay's app helps manage child...

Read More…
unknownx500 Yuchao.L

0 0 0

CommLoan raises $2.25m Seed Financing

Scottsdale, Arizona based mortgage lending technology company CommLoan has raised $2.25m in Series Seed funding led by Social Leverage...

Read More…
unknownx500 Omar Omar

0 0 7

ApplePie Capital raises $16.5m Series B

San Francisco based franchise online lender ApplePie Capital has raised $16.5m in Series B funding led by Fifth Third Capital and QED...

Read More…
unknownx500 kevin dooley

0 0 0

Hippo raises $14m Series A

California based insuretech startup Hippo has announced $14m in Series A funding led by Horizons Ventures. Hippo offers direct to...

Read More…
unknownx500

0 0 0

Schwab Announces New Robo-Hybrid Service

The new services provides emerging or mass affluent investors with a financial plan, created via a self-directed online tool, and a fully...

Read More…
unknownx500

0 0 0

Stash raises $25 million for an app that can turn anyone into an investor

New York based wealth management startup Stash has raised $25m of Series B funding led by Valar Ventures.

In the four months since its Series A round back in August, Stash says it has seen “exponential growth,” has more than doubled its user...…

Read More…
unknownx500

0 0 0

OnDeck Announces New $200 Million Revolving Credit Facility

The new facility is backed by Credit Suisse and will be used to finance small business loans on the OnDeck platform.

OnDeck intends to initially use a portion of this facility, together with other available funds, to optionally prepay in full without...…

Read More…
unknownx500

0 0 0

Index Ventures leads $2.2 mln seed round for Privacy

New York based digital identity and payments startup raised a $2.2m Series Seed led by Index Ventures.

Privacy is exiting private beta just in time for the holiday shopping season, a prime time for scammers, and as credit card fraud has...…

Read More…
unknownx500 401(K) 2013

0 0 0

SupportPay Raises $4.1M in Series A Funding

Sacramento based child support payment startup has raised $4.1 million in Series A funding led byFenway Summer Ventures.  The company now...

Read More…
unknownx500

0 0 0

Socure Closes $13M Funding to Further Innovate Digital Identity

NYC based digital identity verification startup Socure closed a $13m Series A led by Flint Capital, with participation from ff Venture...

Read More…
unknownx500 {Guerrilla Futures | Jason Tester}

0 0 0

CommLoan Raises $2.25 Million to Provide Consumers with Access to First, Only, Marketplace for Comme

Arizona based commercial mortgage lending startup CommLoan has raised $2.25m in seed funding, led by Social Leverage and ViaWest Group.

“CommLoan has built a distinctive platform designed specifically for the commercial real estate finance setting, improving the overall...…

Read More…
unknownx500

0 0 0

Bitcoin doesn’t care what Silicon Valley thinks—it’s trading at a 34-month high

Bitcoin has been trading north of $780 per coin, reaching levels not seen since 2013, when it traded over $1,100 per coin.

Bitcoin itself was riven by an internal dispute over how best to scale up its transaction capacity. As bold-faced names from bitcoin’s...…

Read More…
unknownx500

0 0 0

Hedge Fund Driven by Anonymous Ideas Gets New Investments

Numerai, the San Francisco based hedge fund built on machine learning, has closed a $6m Series A led by Union Square Ventures.

“This is likely the largest ensemble of stock market machine learning models in the world,” said Andy Weissman, a partner at Union Square...…

Read More…
unknownx500

0 0 0

Tesco Bank cyber attack involved guesswork, study claims

A team of academics claims an unsophisticated type of cyber attack that exploits “flaws” in the Visa card payment system was probably...

Read More…
unknownx500

0 0 0

Amazon Go Debuts Without Checkout Lines

The first Amazon Go store is  in Seattle and is open to Amazon employees, who are testing the new concept. Amazon said it will open to...

Read More…
unknownx500

0 0 0

How Amazon's line-less grocery service might really work

The key to Amazon's line-less retail strategy is low-cost cameras and sensors and exceptional cloud computing power to interpret the data...

Read More…
unknownx500

0 0 0

NuBank raises $80m Series D

Brasil based digital finance startup NuBank has raised $80m in Series D funding led by DST Global. NuBank is the leading digital provider...

Read More…
unknownx500

0 0 0

eFounders raises €5m

Brussels based startup incubator eFounders has raised €5m from 40 different investors. eFounders houses startups at their two locations...

Read More…
unknownx500 Moyan_Brenn

0 0 0

Finicity raises $42m Series B

Utah based Finicity has raised $42m in Series B funding led by Experian. Finicity is a leading provider of real-time financial data...

Read More…
unknownx500

0 0 0

ZestMoney raises $6.5m Series A

Bangalore, India based lender ZestMoney has raised $6.5m in Series A funding led by PayU. ZestMoney provides online shoppers the facility...

Read More…
unknownx500

0 0 0

KKR raises $711m for new fund

New York based asset management firm KKR has raised $711m for their new growth equity technology fund. The fund, entitled Next Generation...

Read More…
unknownx500

0 0 1

Chase Pay has partnered with LevelUp

Chase is collaborating with Boston-based tech company LevelUpto use its technology so Chase Pay users can order ahead and save time at...

Read More…
unknownx500

1 0 3

Citi's FinTech division launches it's first product

Citigroup's FinTech division has announced the launch of a new mobile app, which combines banking, wealth management, and money transfer...

Read More…
unknownx500

0 0 0

Chatbot popularity growing

According to new research conducted by Aspect Software Research, 44% of 1,000 adults ages 18-65 said that they would rather use a chatbot...

Read More…
unknownx500

0 0 0

Zenefits head quits, considers Trump team role

David O. Sacks, chief executive of Zenefits and leader of the company's recent rejuvenation, has announced his intentions of leaving his...

Read More…
unknownx500

0 0 0

Zenefits reports $200m loss

San Francisco based health insurance startup Zenefits lost $204.5m in the last fiscal year according to documents uncovered by buzzfeed....

Read More…
unknownx500

0 0 0

Lemonade announces $34m Series A

New York based insuretech startup Lemonade has announced $34m in Series A funding led by General Catalyst Partners. Lemonade provides...

Read More…
unknownx500

0 0 0

Elon Musk’s nonprofit can help AI systems get smarter

Not to be outdone by Google, Elon Musk and Peter Thiels' OpenAI has also opened its virtual training center called Universe. The goal is...

Read More…
unknownx500

0 0 0

Google DeepMind makes AI training platform publicly available

Alphabet's AI division is making the maze-like game platform it uses for many of its training experiments available to the general public...

Read More…
unknownx500

0 0 0

Trump invites tech leaders to talk after industry opposition

Oracle CEO Safra Catz will be among the business leaders and technologists who will attend the discussion next week.

The meeting is scheduled for 2 p.m. Dec. 14, with the agenda not yet decided, according to a copy of the invitation signed by Thiel,...…

Read More…
unknownx500

0 0 0

Morgan Stanley raises hurdles for brokers’ compensation

CEO James Gorman is leaning on the wealth-management division to help reach profitability targets. Most brokers to generate 10% more...

Read More…
unknownx500

0 0 0

How to Hide $400 Million

A long form article from the NY Times unpicks how a wealthy businessman, who set out to divorce his wife, made his fortune vanish! The...

Read More…
unknownx500

0 0 0

Zimbabwe note launch stokes currency fears

Zimbabwe has launched its own currency for the first time since the country's dollar was abandoned 7 years ago due to hyperinflation. ...

Read More…
unknownx500

0 0 0

Credit Karma expands to Canada

Credit Karma has announced its plans to expand its business to the Canadian Market. Credit Karma also has plans to expand the rollout to...

Read More…
unknownx500

0 0 0

PayCar secures €1.3m Seed funding

Paris based auto-payments startup PayCar has raised €1.3m in Series Seed funding led by BNP Paribas. Founded in March 2015, PayCar has...

Read More…
unknownx500 Aih.

0 1 0

AngelList acquires Product Hunt

San Francisco based AngelList had just bought also San Francisco based Product Hunt. Product Hunt is an online platform where users can...

Read More…
unknownx500

0 0 0

Zensurance raises $1m Seed Funding

Toronto based commercial insurance startup Zensurance has secured $1m in Series Seed funding led by Ferst Capital Partners. Zensurance...

Read More…
unknownx500

0 0 0

NextCapital hires new CIO

Chicago based portfolio company NextCapital has appointed Matt Clink as Chief Investment Officer, the first in the company's history....

Read More…
unknownx500

0 0 0

The Secret, Dangerous World of Venezuelan Bitcoin Mining

Amid a country embroiled in hyperinflation and humanitarian crises, a 23 year old Venezuelan has learned how to mine bitcoin to the tune...

Read More…
unknownx500

0 0 0

Venezuela's currency now worth so little shopkeepers weigh vast piles of notes instead of counting t

Inflation in Venezuela is expected to reach 720 percent this year.  Some shopkeepers are now weighing rather than counting cash.

In 2014, plummeting global oil prices decimated Venezuela's economy. President Nicolás Maduro responded by fixing the official exchange...…

Read More…
unknownx500

As a free user, you can follow Passle and like posts.

To repost this post to your own Passle blog, you will need to upgrade your account.

For plans and pricing, please contact our sales team at sales@passle.net

Repost successful!

View the repost

Repost successful!

Your repost is currently a draft. Review your repost and request approval.

Something went wrong whilst reposting - please try again.

Sorry - this is not an option. This post already exists in the Passle you have selected.

Try reposting to another Passle.