News by FinTech Collective

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Game changer: the countdown to PSD2

PSD2, which is scheduled to be implemented in January 2018, will effectively end banks' monopoly on their customers' account data.  

Deloitte’s 2016 report, ‘PSD2 opens the door to new market entrants’, provides a breakdown as to what the revised legislation means for...…

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Oddup secures $6m Series A

Hong Kong based startup analysis and investment advice patform Oddup has raised $6m in Series A funding led by The Times Group. With a...

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The Hidden Cash in Your Assets

New lenders are giving people ways to get money from their homes, cars and even unused vacation days! An example is Point who enable...

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Pockit secures £2.9m Series B

London, UK based mobile banking platform Pockit has raised £2.9m in Series B funding from various individual investors. Pockit aims to be...

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Dave raises $3m Seed Round

Los Angeles based robo-advisor Dave has raised $3m in Seed funding from undisclosed investors. Dave is a US-only app that predicts...

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Vestwell is a Benzinga finalist

Portfolio company Vestwell's mission to make retirement plans simple and transparent for advisors has propelled its run to finalist for...

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Factom raises $8m Series A

Texas based blockchain-as-a-service company Factom has raised $8m in Series A funding led by Draper Associates. Factom is a system for...

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Freebird secures $5m funding

Cambridge, MA based travel insurance company Freebird has secured $5m in new funding from investors General Catalyst and Accomplice....

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Where tech dollars at advisory firms are being spent

Great visualization article by InvestmentNews regarding the amount, tools, and software categories chosen by advisors for tech spend.  

The amount, tools and software categories chosen by advisers were captured in the 2017 InvestmentNews Adviser Technology Study

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Bank engine keeps on churning

This week saw a flurry of bank earnings including JPM, Wells, and Citi that beat consensus estimates, with fixed income trading as a...

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Qover raises €5.5m Series A

Belgium based insuretech startup Qover has raised €5.5m in Series A funding led by Anthemis. Qover provides digital insurance APIs to...

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Xero secures $26.4m funding

Wellington, NZ cloud accounting platform Xero has secured $26.4m in Post-IPO equity from TCV. Xero is a suite of online accounting...

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Bima raises $16.8m Series D

Stockholm based insuretch company Bima has raised $16.8m in Series D funding led by Axiata Digital. BIMA is an insurance technology firm...

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Fund Twenty8 raises £4.5m

Cambridge, UK based Enterprise Investment Scheme (EIS) fund Fund Twenty8 has raised £4.5m in equity crowdfunding from 233 investors. Fund...

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Oikocredit raises $2.1m

Netherlands based microfinance credit provider Oikocredit has raised $2.1m in venture funding from undisclosed investors. Oikocredit is a...

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Trov secures $45m Series D

California based on demand insurance startup Trov has raised $45m in Series D funding led by Munich Re/HSB Ventures. Trov provides on...

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Firing on All Cylinders: The 2017 Big Data Landscape

Matt Turck from FirstMark reviews the Big Data and AI hype cycles, competitive landscape, and key trends to watch in 2017 and beyond.

First, venture capitalists continue to be happy to fund both new and existing companies. The first few months of 2017 saw a flurry of...…

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Elevate Credit pulls off lending IPO

Texas based consumer subprime online lender has officially IPO'd this week (after a failed attempt in 2016) at a valuation of $242.5m.  

It’s been an especially difficult environment for lending startups following Lending Club’s challenges and other industry regulatory...…

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Why Your Extra-Safe Car Costs More to Insure

There is a simple answer. High-tech collision-prevention systems on cars help prevent crashes but cost a lot to repair!

“I was told by the car dealership all the technology would improve the cost of insurance,” Mr. Woods said. “Instead, it went up.”...…

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Wecash raises $80m Series C

Beijing based online credit evaluation firm Wecash has raised $80m in Series C funding led by China Merchants Innovation Investment...

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Oval secures €1.2m Series A

London based personal finance app oval has raised €1.2m in Series A funding backed by Gruppo Intesa SanPaolo, b-ventures, DOCOMO Digital...

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Iyzico closes $15m Series C

Istanbul based payments platform Iyzico has secured $15m in Series C financing led by Vostok Emerging Finance. Iyzico's platform allows...

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Ayopop raises $1m Seed round

Jakarta based payments platform Ayopop has raised $1m in Seed funding led by GREE Ventures. Ayopop allows users to pay a wide range of...

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Wellthie secures $5m Series A

New York based insuretech company Wellthie has raised $5m in Series A funding led by IA Capital Group. Wellthie offers leading broker and...

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