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US banks to dish out $96bn after stress tests

The results of the Federal Reserve's latest stress tests presented rather positive results showing that the banking industry is stronger...

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MoneyLion brings traditional banking ever closer to obsolescence

A terrific Techcrunch profile on our portfolio company MoneyLion - one of NY's best kept secrets and fastest growing fintech start-ups. 

In a financial context, people are really bad at anticipating future frustration. If I buy an Apple Watch with my credit card now, my...…

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IBM opens blockchain garage in New York

Continuing with the latest trend of enterprises focused on capitalizing the massive interest in blockchain, IBM recently opened a tech...

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Brexit Could Sting and Benefit Online Lenders

Market volatility may scare off some loan buyers, but as discussed in last week's newsletter, lower (or negative) interest rates for...

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The Latest Bitcoin Hurdle: How to Tax It

As bitcoin (and digital currency transactions in general) begin gaining traction once again, tax related questions are inevitable and the...

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Quoine raises $16 million for bitcoin exchange

Japanese bitcoin exchange Quoine raised a $16M Series B, led by Japanese investment company Jafco.  Quoine is now the 7th largest bitcoin...

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Millions of U.S. Consumers Escaping Subprime Credit

America seems to be going through a positive shift - with the lowest level of subprime credit scores in more than a decade, a decrease in...

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Liability in the coming age of autonomous autos

A critical issue in the coming adoption of autonomous cars will be how liability is assessed and assigned by insurance companies.  When...

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Asian lenders give way to Asian techs

Slower economic growth, rising non-performing loans and competition from new entrants will combine to dent regional banks’ $1tn profit...

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Plaid Raises $44 Million From Goldman

Plaid raised $44 million in a new round led by Goldman Sachs. The new funding takes the total funding to about $60M. The company’s...

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The India Stack

Whilst the convenience of credit cards mean that payment disruption in developed markets may occur at a snail's pace, some believe that...

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Cell Phone Manufacturer Xiaomi Breaks Into Banking

Cell phone manufacturer Xiaomi, has invested US$115M in founding a new bank that will offer online financial services to young people and...

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Shanghai Insurance Exchange launched

The Shanghai Insurance Exchange was launched on Sunday. It is China's first insurance asset trading platform and will boost transparency...

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Investors Look to Wunder For Financial Returns

Investors looking for companies with positive social impact are also looking to maximize returns. Business Insider interviewed FinTech...

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Bank be nimble, bank be quick

Dan O'Malley, head of the innovation lab at Eastern Bank, is blazing a path towards product innovation that should be the model for other...

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AutoFi gains $17M in investor financing

AutoFi, an online point-of-sale financing solution recently announced that it raised $17 million in new financing led by Crosslink Capital.

Singerman explained AutoFi is “re-imagining” the auto finance experience with a simple, transparent way to find affordable financing...…

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Watch out Reuters and Bloomberg! Alibaba and its affiliates are quietly becoming a financial data powerhouse.

This week, Ant Financial acquired a $38M stake in Shanghai Suntime, a data provider tracking Chinese hedge funds. It's money market fund...

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Fintech Startup Craves More Regulation

You read that correctly. Fintech startups are trying to get regulators, like the Office of the Comptroller of the Currency, to build...

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Dell: A worrying precedent for private equity?

With our focus this week on alternatives to going public, and with Renaud Laplanche potentially engaging in a (ex) Management Buy Out, we...

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Choosing when to go public

To IPO or not to IPO, is that the question? Whilst staying private has been the focus of numerous high growth companies, perhaps it is a...

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LendingClub in talks to boost loan funding

Controversy just can't seem to leave LendingClub alone. With talks of a potential private takeover by founder and former CEO Renaud...

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Satago raises £1.6m venture round

London based cashflow management solution for SMEs raised a £1.6m venture round, coupled with a £3m credit line, both from investor ESF...

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zipMoney raises $20m in equity capital

Perth based provider of consumer financing plans for online shopping raised $20.6m in equity capital through an institutional placement...

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Smart Pension raises £3.3m Series A

London based pension auto-enrolment platform raised the amount from a series of individual investors.

Smart Pension has signed up 8,500...

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Insly raises €1m seed round

Tallinn based provider of SaaS solution for insurance brokers raised the amount from a series of angels based in the UK, USA, Estonia,...

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InvoiceFinance secures € 3.4M Seed Round

Netherlands-based working capital financing startup InvoiceFactor raised € 3.4M of seed financing, led by Peak Capital with participation...

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A Dramatic Shift is Occurring in Bond Trading

We've all been hearing for over a year now that the liquidity and depth within the bond market is dissipating----banks are not as willing...

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BlackRock carves niche in UK mortgages

At a time when the market provides low bond yields, it's no surprise that asset manager will want to provide their customers with...

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Platform Black To Cover Some Investor Losses

If you truly believe in the power and accuracy of your P2P lending algorithm shouldn't you be willing to take a first-loss position?...

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Uber is gearing up to upend the auto loan market

CNBC recounts the trials and tribulations of Uber's entrance into the $1tn auto-loan financing marketing since its creation of Xchange...

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On Deck and Intuit run joint fund to back loans

Knights of the roundtable - start lending!? Last year online lender On Deck and financial services software firm Intuit, announced that...

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Vyze Raises Additional $13 Million in Funding

Austin based retail POS lender Vyze raised $13m of Series B financing, led by Austin Ventures and StarVest Partners. Total capital raised...

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Fintech is playing the long game

Bernard Moon, Techcrunch contributor and SparkLabs Global venture investor, believes that fintech companies are playing the long game....

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KPCB's Internet Trends Report 2016

Another year, another extensive Internet Trends Report by Mary Meeker of KPCB. This year, one of the main focuses is the re-imagination...

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AIG, Hamilton, Two Sigma to Launch Small-Medium Business Insurance Joint Venture

The venture will offer pricing and servicing using predictive analytics and an easy-to-use customer interface, according to the founders.

Two Sigma will also develop specialized asset allocation products for the unique characteristics of insurance investment portfolios. ...…

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Time to ditch the dow?

Openfolio CEO Hart Lambur went on CNBC to shed light on the advantages of having an investor portfolio based benchmark as oppose to...

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Reorg Research: Picking up Wall St.'s slack

This piece in Forbes discusses how Reorg Research, a FinTech Collective portfolio company, is filling the void left by shrinking...

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Disrupting divorce: Ethereum-based prenups

With asset managers and exchanges already worrying about their jobs, divorce lawyers could be next in line. 

As if any further was...

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Docupace raises $16.5m venture round

Los Angeles based provider of document management and workflow solutions for broker-dealers and financial advisers raised the amount from...

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Featurespace raises $9m venture round

Cambridge, UK based fraud prevention startup raised the amount to build out its machine learning-driven fraud detection platform.

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Clarity Money raises $2.5m

New York based automated financial concierge service raised $2.5m from undisclosed investors to provide an intelligent interface that...

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Smartkarma raises $4.7m venture round

Singapore based provider of on-demand investment research raised the amount to create a platform (akin to Spotify) where investors pay an...

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FinAccel raises seed financing

Singapore based instant credit startup raised an undisclosed amount to build out its credit scoring and digital lending businesses. The...

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Investree raises Series A funding

Jakarta based P2P lender raised an undisclosed amount from Kejora.

Investree last raised $500k to develop its platform.

“Partnership with Kejora will bring in growth capital, and also potential collaboration among ecosystem. The new funding will be used for...…

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InsureTech firm Trōv launches with Suncorp in Oz

Scott Walchek, CEO and founder of Trōv will launch in Australia before the US and the UK for 3 reasons: A solid launch partner, 1...

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NZ P2P insurance PeerCover fails to fly

A former Marsh actuary who launched a P2P insurance company in New Zealand called PeerCover has admitted it's failed and provides some...

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UBS giving bankers the opportunity to "take-two"

Hopefully you won't be seeing as many junior bankers nodding off on your subway commute. UBS is following in the footsteps of fellow...

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