Nearly all big tech companies have an artificial intelligence project, and they are willing to pay experts millions of dollars to help...

29yr old Patrick Collison, CEO and co-founder of Stripe, backed up his stance of being a long way from an IPO by noting that “We are not...

Early staffers of Google's self-driving car initiatives have been leaving the company after supersized payouts that relieve them of the...

The $980k fine is for not complying with certain regulations and making false and misleading statements to investors.  This is the...

CVS is in discussions to buy Aetna for $66b following a report that Amazon has received a pharmacy-wholesaler licenses in a dozen states....

Brazilian startup Nubank is expanding from credit cards into digital accounts allowing users to make transfers, pay bills and earn more...

The Germans squirrel away almost a 10th of their gross household income. Brits, by contrast, are too busy racking up debt on car finance...

Portfolio Company Wunder has announced that it approves the recent SEIA standardized Power Purchase Agreement, enabling next day...

Portfolio Company Wunder CEO and Co-Founder Bryan Birsic chats with SIC about the factors behind the increased adoption of solar...

High volatility in the $170bn cryptocurrency market is attracting large proprietary trading firms such as DRW into the market.  DRW...

Mastercard has opened its permissioned blockchain to developed to build B2B payment solutions that address challenges of speed,...

Amsterdam based stock trading platform BUX has raised a $10.6m Series C led by Holtzbrinck Ventures.

London based data personalization startup DataSine has raised a €1m funding round led by Sistema VC, the VC arm of Russian conglomerate...

Australia based payments platform Verrency has announced a $15m Series A from an undisclosed investor.  

UK based business banking startup Countingup has raised a $750k seed round led by Frontline Ventures.

UK based financial aggregation platform Bud has raised a 1.5m pound Series A led by Banco Sabadell and Investec

Portfolio company NextCapital has announced a partnership to deliver State Street's new cost-effective and tech-enabled ETF models...

San Francisco based financial wellness company Credit Sesame has raised a $42m funding round led by Menlo Ventures and Inventus Capital.

Malaysia based full-stack financial services startup Jirnexu has raised a $2m Pre-Series B led by SBI Group.

About 50-60% of Goldman's workforce is now 30 or younger, and more than a quarter of its 36,000 employees are engineers.  Goldman...

New York based teenager focused debit card startup Current has raised a $5m Series A led by QED Investors.

Uber has announced the launch of a credit card in partnership with Barclays and Visa.  Unique features include the ability to apply...

Oakland based debit card banking startup Jiko has raised a $7.7m Series A led by Upfront Ventures and Social Capital.

Portfolio company Quovo has announced a partnership with Apex Clearing to reduce user friction and data errors around Automated Customer...

First Data will purchase merchant payment processing company BluePay holdings, adding $19b of annual volume and more than 77,000...

San Francisco based modern banking startup Zero has raised a $8.5m Series A led by Eniac Ventures.

JPM is deploying AI software developed by London-based startup Mosaic to help its fixed income traders anticipate market moves....

Lowell Putnam, co-founder of portfolio company Quovo, comments on the new CFPB third party data access principles.  The principles...

Short supply, especially for low priced starter homes, has driven up home prices in recent months.  The median home value in the...

A new strategy has emerged for millennials looking to gain an advantage when competing to purchase their first home - having their...

Chase has agreed to buy payments company WePay in the bank’s first sizable acquisition of a financial-technology startup.

Through the partnership, InsureMyTesla will offer to replace damaged Teslas that are deemed a total loss within the first year, among...

Recently, several websites have been exposed for embedding code to secretly mine cryptocurrency on a visitor's computer - the latest and...

Mexico based micro business loan platform Konfío has raised a $10m Series B led by QED Investors and the IFC.

Private equity firm Siris has agreed to acquire Intralinks for $1b from Synchronoss after a 6-month acquisition effort to acquire all of...

Qudian, backed by Ant Financial, runs a mobile platform that allows college students and young workers to borrow amounts as low as $60 to...

Renaud Laplanche, cofounder of LendingClub has launched a new online lending startup, Upgrade to help people consolidate credit card debt...

New York based enterprise blockchain startup Digital Asset has raised a $110m funding round led by Jefferson River Capital, the family...

Florida based digital alternative banking platform Finova Financial has raised a $102.5m equity and credit funding round led by CoVenture.

San Francisco based mortgage marketplace lender LendingHome raised a $57m Series C-2 round led by Sberbank and Noah Holdings.

One of many articles this week highlighting how one of the year’s biggest ICO's, a $232M token sale by Tezos, is now at risk as the...

Palo Alto based blockchain monitoring, analyzing and securing platform Amberdata raised a $2m Seed financing from HWVP.  

New York based rental lease guarantee provider TheGuarantors has raised a $11.7m Series A led by White Star Capital and Alven Capital.

In a new report the Financial Conduct Authority said 25.6m people in the UK are potentially “financially vulnerable”, with many flocking...

DTCC, which settles the majority of U.S. security trades has announced a major milestone in the development of a blockchain that could...

Of the 110 funds, 84 were launched in 2017, 11 in 2016 and the remainder previously. Assets across the 110 funds rose to $2.2B

While the online lender has now moved past the $1bn mark, it plans to now move into additional services including helping consumers get...

The package gives access to a research portal for up to 10 users, and will include access to GS conferences - but talking to an Analyst...

MIT has unveiled a pilot program where 111 graduates will have the option to receive their diplomas via an app, powered by blockchain...

California based small business lender BlueVine has raised a $130m debt financing led by SIlicon Valley Bank and SunTrust Bank.

New York based text analytics platform provider   Amenity Analytics has raised a $7.6m Series A led by Intel Capital.

Tel Aviv based social banking and P2P payments startup PayKey raised a $10m Series B led by MizMaa.

FinTech Collective portfolio company Artivest Founder and CEO James Waldinger gives a great interview with FA Mag on bringing innovation...

Mastercard is currently testing a new technology at a SF WeWork location to allow customers to be automatically charged for the amount of...

New York based security risk rating company SecurityScorecard raised a $27.5m Series C led by Nokia Growth Partners.

Dallas based down payment insurer ValueInsured has raised a $6.5m funding round led by Everest Re Group.  

Sao Paulo based personal finance platform GuiaBolso has raised a $39m Series D led by Vostok Emerging Finance.

San Mateo based risk management platform Feedzai has raised a $50m Series C led by an undisclosed VC with additional capital from Saphire...

“Adviser” is being used too loosely by folks launching ICOs, in some cases adding people with no connection to the firm.

The humbling truth for Goldman is that US retail banking has become not only more reliable than investment banking, but more profitable....

Russia will issue its own official cryptocurrency, the CryptoRuble, capping months of speculation about the country’s approach to the...

Portfolio company Axoni gets some airtime in The FT this week as the newspaper digs into the 5 ways banks are are using blockchain.

India based online insurance aggregator RenewBuy raised a $9.2m funding round from Amicus Capital.

Montreal based point of sale software provider Lightspeed POS has raised a $166m Series D led by Caisse de dépôt et placement du Québec,...

Interesting research paper on insider trading and geographic distance to the authorities. Not surprisingly, the SEC is more likely to...

Serial tech entrepreneur Rick Marini is launching the first ever crypto fund-of-funds, further indicating the increasing demand across...

Jes Staley thinks payments will be the battleground area of the next 15 years when considering the tectonic shifts driven by tech and...

Even with all the robotics being brought to bear in the 401(k) business, RIABiz believes that Vestwell has carved out a clear lane with...

The need for large numbers of claims adjusters following a catastrophe has led to roughly 57,000 independent claims adjusters in the U.S....

Ant Financial, the financial services arm of Alibaba, has unveiled an AI system that can calculate insurance damage claims in as little...

New York based digital business insurance agency CoverWallet raised an $18.5m Series B led by Foundation Capital.

India based online insurance comparison portal PolicyBazaar raised a $75m Series E led by Temasek and Tiger Global.

Berlin based electronics rental marketplace Grover has raised $11.7m in debt financing from Varengold Bank.

Cambridge based machine-learning driven fraud prevention startup Featurespace has raised a £16.5m funding round led by Highland Europe

The FT explores why some of the new simplified online mortgage brokers might not offer the best deal to a consumer. 

A giant change is coming for banking in the UK. Not Brexit, but Open Banking, the new directive that will require the largest UK banks to...

Analysts at bulge bracket Wall Street firms UBS, Citigroup and JPMorgan were all working hard this week keeping up with demand from...

Hong Kong based AI wealth management software provider MioTech raised a $7m Series A led by Horizon Ventures, the private investment arm...

Americans lost $15bn to overdraft fees in 2016, and over half of the American financial middle class has at least one overdraft fee per...

Palo Alto based equity management platform eShares raised a $42m Series C led by Menlo Ventures and Social Capital

Revolut, which offers a pre-paid card that lets people transact and hold in multiple currencies at low rates, has announced that it is...

Malaysia's central bank says that the country is an ideal "test bed" for new FinTech solutions, with access to the Asian digital...

Dublin based peer-to-peer lender Linked Finance has raised a £1.8m funding round led by Frontline Ventures.

Fidelity has revealed that the $2 trillion money manager has been mining Bitcoin and Ethereum for three years, with the goal of learning...

Amazon has been engaging with banking regulators over the past two years and is rumored to be considering starting a consumer lending...

Palo Alto based payments company Bill.com has raised a $100m funding round led by JP Morgan and Temasek.  The latest investments...

Video of MoneyLion CEO Dee Choubey talking about working with only the best third-party data vendors and holding them to the highest...

The carrier software provider will pay $275m to acquire Cyence, as it looks to move further into helping its P&C customers address...

Great interview of MoneyLion CEO, Dee Choubey, set of the NYSE about how MoneyLion is bringing better borrowing and savings to the...

New York based biometric security startup HYPR raised an $8m Series A round led by RRE Ventures.  

San Francisco based solar financing platform Angaza raised a $10.5m Series B led by Emerson Collective

Oakland based real estate marketplace platform Roofstock raised a $35m Series C led by Canvas Ventures.

Palo Alto based fractional share stock investing brokerage Stockpile raised $45m led by Fidelity.

New York based on-demand insurance platform Slice Labs raised a $11.6m Series A led by XL Innovate.

FinTech Collective portfolio company Quovo announced an Autoverified Micro-Deposit feature for account verification, which parses a...

Singapore and Thailand are discussing connecting their national digital payment systems to modernize the payment process for citizens....

Trov, an on demand insurance platform has announced that it has been approved to offer insurance in California, bringing the company one...

UK based employee benefits and financial wellness startup SalaryFinance has raised a £40m venture financing led by Legal & General.

Chicago based technology enabled real estate brokerage FlyHomes has raised a $4m venture financing led by Mark Vadon.

UAE based P2P lending platform Beehive has raised a $5m Series A led by Riyad TAQNIA Fund

FinTech Collective portfolio company Wunder Capital, an investment platform for solar projects, has announced the launch of the company's...

New York based SaaS corporate treasury and financial management provider Kyriva has raised a $45m Series D led by Sumeru Equity Partners.

After suffering a drop in terminal sales last year for only the 2nd time in its history Bloomberg is now offering cut-price subscriptions...

Christine Lagarde sees a path ahead for cryptocurrency. In her speech this week "Central Banking and Fintech—A Brave New World?" ...

Navient will pay $155M in cash and plans to maintain the Earnest brand as a separate unit. This is not a great outcome for investors as...

Banks are increasingly developing FinTech-focused accelerator programs to combat the existential threat from startups.  The draw for...

FinTech lender Earnest has agreed to be acquired by student loan servicing company Navient for $155 million in cash, after raising $321...

Despite CEO Mike Cagney's resignation amidst sexual harassment lawsuits, SoFi's online sentiment expressed via social media and news...

Bitwise Asset Management is launching the Hold 10, a new passively managed index that will hold and weight the top 10 cyrptocurrencies by...

We are thrilled to announce that portfolio company Vestwell has completed its $8m Series A financing from its existing investors, which...

Business has been good in 2017 for advisers who consult on how employer-sponsored retirement plans should be designed. A lot of money is...

A mass migration from pricey investment products to cheap alternatives has upended the asset management industry, forcing retirement...

UK based fraud prevention startup Featurespace raised a $21.6 million venture financing led by Highland Europe.

UK based SaaS insurance broker platform PremFina raised a $36m equity and debt financing led by Rakuten Capital and Draper Espirit.

Hedge funds seem to be increasingly turning to FinTech startups to open up new investment opportunities in previously illiquid,...

Overstock.com, famous for being one of the first major retailers to accept bitcoin in 2014, has announced that it will form a digital...

Fidelity and AllianceBernstein, in response to low cost ETFs and passive management strategies, are experimenting with a new form of low...

The Wu Tang Clan's Ghostface Killah has founded a cryptocurrency startup called Cream Capital, which has announced plans to raise $30m in...

When President Trump suggested that Puerto Rico's debts be cancelled, the value of Puerto Rico's benchmark bonds plummeted from 44 cents...

Among the startups launching new products at this year's Insuretech Connect was portfolio company Embroker, which announced a new...