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CFPB clears way for regulatory clarity (?)

The Consumer Financial Protection Bureau released its policy statement on No-Action Letters (NALs), ostensibly enabling financial...

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Jon Steinberg launches "CNBC for millennials"

The former President of BuzzFeed announced the launch of his new venture Cheddar, backed by $3m in funding. Cheddar is a video platform...

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Zhong An looking at 2016 IPO

Founded as a partnership between insurer Ping An and internet giants Alibaba and Tencent in 2013, China's first online-only insurer is...

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Namely raises $30m to build out platform capabilities

The New York based payroll and employee benefits platform raised a $30m Series D round on Tuesday. The fundraise was led by Sequioa...

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Google Self-Driving Car Project - Monthly Reports

If you really want to geek out on Google's self-driving car project, then visit their monthly reporting page. Here you will find Google...

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A new breed of trader on Wall Street coders with a phd

The popularity of E.T.F.s is soaring, this low fee product now accounts for a third of all publicly traded equities. As these products...

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Oscar Health Gets $400m And A $2.7b Valuation from Fidelity

Oscar, the New York based health insurance startup, raised a $400m venture round, led by Fidelity.  The round values the company at...

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Mobileye takes fight to Google in autonomous cars

More talk on the autonomous car, this time from Israeli publicly traded company Mobileye - leading the way for driver assist...

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Facebook Isn’t So Good At Judging Your Credit After All

Mark Zuckerbergs bubble may have burst just a bit, as Facebook's acclaimed patent for building a borrowers credit score through social...

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Still Stealthy, New Insurance Company Lemonade Continues To Impress With New Hire, Dan Ariely

It just keeps getting more and more interesting. New P2P insurance startup, Lemonade, hired world renown behavioral scientist Dan Ariely...

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Google to Shut Down Its Comparison-Shopping Website

Google just posted that in one months time, the search engine giant will be shutting down Google Compare - allowing for the search and...

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JPMorgan Quietly Tests Blockchain With 2,200 Clients

The whispers of even the possibility of negative global interest rates (the infamous "NIRP") has sent a shiver down the spines of bank...

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OnDeck Slammed, Stock Down 20% Post Earnings

Fintech firms are hitting some of the same problems as the finance-industry giants. OnDeck stock dropped a staggering 20% today after it...

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UK P2P Lending Grows Over 80% Percent in 2015

Nesta's report ‘Pushing Boundaries – The 2015 UK Alternative Finance Report‘ looks at the trends in the alternative finance industry....

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FinLab applications are now open!

The Financial Solutions Lab is looking for innovative fintech startups that help Americans weather financial shocks. FinLab – a...

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'Real' Drama As Fundrise Fires CFO

Fundrise, a crowdfunding platform that facilitates individual investment in real estate via so-called eREITs, has announced by way of an...

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JPMorgan Chase To Roll Out eATMs

Chase's march towards an improved omnichannel banking experience continues, as it announced the roll out of a new generation of eATMs...

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Venmo Joins 3 Comma Club

P2P payment companies, take note. In seeking to assert itself as the undisputed leader in P2P payments, Venmo has announced that, for the...

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The Investment Terms Behind Unicorn Valuations

The law firm Fenwick & West, published a new report highlighting the financing terms of recent financings with a $1b+ valuation. One of...

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FTV Capital to invest $76 mln in StoneEagle

Dallas based, B2B payments company, StoneEagle, raised $76m from FTV Capital. 

FTV Capital has invested $76 million in StoneEagle Services. Andy Roberts was named StoneEagle’s CEO while existing StoneEagle management...…

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Soon Hemp May Be A Tradable Commodity With Startup Seed CX

Seed CX raised a $3.42m Seed round led, by Brookly Bridge Ventures and number of unnamed investors. If the startup gets regulatory...

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The Next Horizon of Emerging App Markets

Interesting data from App Annie's new report that analyzes the app industry in global markets. App economies in emerging markets continue...

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Valuing high-tech companies - McKinsey Report

Unicorn valuations are under constant scrutiny, a recent McKinsey report argues that more high tech companies should be valued with a DCF...

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Software Detects CEO Emotions, Predicts Financial Performance

Taking sentiment analysis to the world of fintech, Dr. James Cicon from the University of Central Missouri built a software that can...

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The Plot to Kill the $100 Bill

Is this the beginning of the end for cash? Former Treasury SecretaryLawrence H. Summers wants to stop printing anymore $100 bills. The...

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Break Up the Big Banks? Do This First

The too-big-to-fail debate has moved beyond a simple argument over whether banks should be broken up just because of their size. True,...

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Where America has Fangs, Britain has stubby molars

Britain is increasingly skilled at turning its brainpower into thriving tech firms. But these tend to end up in the arms of the American...

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Casual Trading App Bux Pulls In Another $6.9M In Funding

The round, led by Germany’s Holtzbrinck Ventures and following $1.9 million raised last September, will be used to accelerate growth in...

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Banks behind a quarter of loans on UK peer-to-peer websites

Banks now account for a quarter of the lending on UK peer-to-peer websites, in a sign that the UK’s £3.2bn alternative finance market is...

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Break up the banks, says Minneapolis Fed chief

According to former key architect of Walls Street's 2008 bailout, Neel Kashkari, US banks are still "too big too fail". In a recent...

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80% Of Zenefits Deals In Washington State Done By Unlicensed Brokers

Data obtained by BuzzFeed News shows the extent to which the company apparently flouted the state’s insurance law.

In Washington state, where Zenefits is currently under regulatory scrutiny, 83% of the insurance policies sold or serviced by the company...…

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Will There Be Fallout From The Zenefits Blowup On Alternative Lenders And Other FinTech Firms?

With many tech startups having moved into highly regulated financial industries is the Zenefits admission an isolated instance of Silicon...

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AngelList 2015 and other interesting facts

AngelList released their 2015 report this week.

Over $160M raised online for 441 startups via 3,379 investors

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SwervePay raises $10M to support text-based medical bill payment system

SwervePay, a Chicago-based company that lets patients pay medical bills through texts, has raised $10 million in funding.

He said providers using SwervePay typically see an increase of 20 to 30 percent in the rate of paid bills. The app integrates with...…

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Mobile Payments Startup Payleven Raises Another $10M

Payleven the mobile payments startup originally incubated at Berlin’s Rocket Internet has raised a $10 million growth round from a...

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Xignite rakes in $20.5m Series C

Equity markets in Asia may be slowing down, but demand for Xignite's cloud-based market data solutions in the region certainly isn't. 

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FinTech Buyers Club: Who Invests in FinTech Startups?

Financial institutions and large tech companies are investing in and acquiring fintech's best startups. Bank of America, leads the pack,...

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Uber Cashing In On Cash Payments

One reason for Uber's success is that it removed the friction and pain of paying for a taxi. However a service that requires a mobile...

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Zenefits CEO Parker Conrad Resigns Over Compliance Issues

They say 35 year old Parker Conrad's approach was "ready, fire, aim". Now, as Conrad resigned from position of Zenefits CEO, this Silicon...

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UK sets out open banking API framework

In November of last year the government of the UK set up the Open Banking Working Group (OBWG) to explore how banks and fintech firms can...

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The Rich Are Already Using Robo-Advisers, and That Scares Banks

Millennials and small investors aren’t the only ones using robo-advisers. Poeple with much larger portfolios are also trying them out. 

At Charles Schwab Corp., about 15 percent of those in automated portfolios have at least $1 million at the company. “It’s real money...…

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Just how upfront are UK crowdfunders being with their investors?

Will we see more accusations of foul play by crowd funding sites now the public equity markets are in turmoil?

Mr MacKenzie cited an email from Crowdcube, which advised his company: “If we are aiming for £2.5 million as [final campaign] target,...…

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WorldRemit Gets $45M At A $500M Valuation To Grow Its Mobile Money Transfer Business

WorldRemit, the London based money transfer startuphas raised a $45m round from TriplePoint Venture Growth and Silicon Valley Bank, 

In the last year, WorldRemit has been working on licenses to add more sending regions to its network. It is now active in some 40 U.S....…

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SoFi is making a big bet on a Super Bowl ad

Online lender, SoFi, has made a last-minute edit to its Super Bowl commercial.  The startup received criticism for the final line in its...

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PayPal Embraces ‘New Money’ in Super Bowl Ad Debut

PayPal, once the disrupter is now the incumbent. The payments company bought a 45 second Super Bowl commercial to kick off its new...

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Opendoor launches with $80 mln in Series C funding

Opendoor, an online marketplace for real estate, launched in Dallas with $80 million in Series C funding. Investors include Khosla...

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The State Of P2P Lending

TechCrunch highlights the growth of online lenders and gives guidance on where it expects the industry to go in 2016. The article...

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Insurance, going where few startups have gone before

Regulations and capital requirements are preventing entrepreneurs from attacking the insurance industry. The Economist argues that...

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Openfolio's Monthly Report

Openfolio released their January 2016 report, providing investment insights to help you know just how well you were doing this January...

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The State of Venture Capital

Mark Suster, partner at UpFront Ventures, shared the funds' latest survey conducted after surveying 73 LP firms and 150 VC firms. The...

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Sonatype Snares $30 Million Investment Led By Goldman Sachs

Maryland-based software company, Sonatype, secured a $30m debt and equity investment led by Goldman Sachs. The large institution viewed...

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Aha! A Dollars and Cents Reason to Lose Weight

Financial adviser Carolyn McClanahan shows clients how the cost of life insurance varies based on weight and smoking status. Although we...

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Japan's SBI Holdings Teams With Ripple to Launch New Company

Japan’s SBI Group, has announced it is creating a new company in partnership with digital ledger technology (DLT) startup Ripple in order...

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Millennials Are Starting to Change the Stock Market

The stock market is starting to reflect the priorities of those born between 1980 and 2000. Leisure and travel-related stocks, including...

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AIG Sees Profits in Tracking Workers’ Moves with IoT

IoT in workers comp. insurance raises a debate about data privacy vs. safety benefits including sensors that could warn of an employee...

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The Life, Death and Rebirth of USAA Ventures

With $100m of dry powder, USAA is till in market. However one source was heard to say “USAA’s top priority now is defending itself from...

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The State of NYC Seed: Startup Trends & VC Data

NYC continues to develop as a strong tech hub and investors are supporting the early stage growth. In a recent presentation by NextView...

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As Angel Investors Pull Back, Valuations Take a Hit

A volatile stock market is one factor making angels more cautious. This is one input that has led startup valuations to drop to their...

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