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Lunch with the FT - Ethereum’s Vitalik Buterin on the bitcoin bubble and running a $125bn blockchain

The 23.96 year old Russian / Canadian coder gets interviewed over lunch by the FT on the highs and lows of being at the helm of one of...

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Crypto trading tumbles as investment scramble unwinds

Data compiled by CryptoCompare shows that trading activity on crypto exchanges has halved to $9.1b from its December $17b peak as retail...

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Retailers Race Against Amazon to Automate Stores

When Amazon Go opened to the public in January there was, as one senior retailer put it, a collective sigh of embarrassment "because here...

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Mo money, mo cash

The story is a familiar one: we are moving ever closer to a cashless world, as “disruptive technology” comes along that allows us to pay...

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We ran away with your bitcoins!! LOL, JK

The website of Frankfurt-based cryptocurrency startup Savedroid, which is said to have raised $50m in funding from its recent ICO went...

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Wrap-Up of LendIt Fintech USA 2018

LendAcademy provides the highlights from the many keynotes and more at LendIt Fintech USA 2018 held in San Francisco April 9-11....

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Introducing Basis, a Stable Cryptocurrency with an Algorithmic Central Bank

New Jersey based stable cryptocurrency has raised $133m in a private placement from Bain Capital, Lightspeed, A16Z, Foundation, and Valor.

At Basis, we believe the price volatility of cryptocurrencies is one of their biggest barriers to widespread adoption. Unlike the...…

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Adyen, a payments firm with clients including Netflix and Uber, is eyeing an IPO after record revenu

Adyen, the high-growth European payments processer, revealed that it generated over $1.1b of revenue for 2017.  Adyen is eyeing a...

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Wall St reinvents equity collars as a risky money spinner

The complex financial product has been used by, as one banker put it, "Oligarchs use this product; a lot of Russians and Ukrainians" with...

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Japan airline ANA aims to build digital payments business

The plan is part of a broader digital push by ANA, which hopes to build on data collected from the 31m users of its airline miles to...

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What happens when fintech valuations come back down to Earth?

In an Alphaville guest post an investment banker argues that fintech valuations will fall steeply across the board this year. The article...

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U.S. to fine Wells Fargo $1 billion — the most aggressive bank penalty of the Trump era

The reported fine of about $1 billion is related to misbehavior with regards to recommending auto insurance and mortgage rate locks their...

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Vestwell Partners With Namely to Provide a Seamless Digital Retirement Platform With Payroll Integra

Portfolio company Vestwell has a new distribution in Namely, a leading HR platform for mid-sized companies.  The new offering...

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Goldman Sachs Comes to the App Store

Goldman Sachs has acquired personal finance startup Clarity Money, which now has about 1 million users, for a sum that is reportedly in...

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Kabbage to Acquire Startup Backed by Wall Street Titans

NYC based Orchard, a provider of lending data and services for institutional investors, is set to be acquired by SME lending platform...

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AI in banking: the reality behind the hype

The FT conducted a survey of 30 leading banks’ use of AI and revealed that despite the hype the reality is much more complicated with an...

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SEC Quietly Puts Bitcoin ETF Proposals Back on the Table

According to SEC documents, the agency has started proceedings to determine whether to approve a rule change that would allow two ETFs...

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This coal power plant is being reopened for blockchain mining

The now shuttered coal-fired power station on Australia's east coast will offer cheap power prices to blockchain operators. What is the...

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The Key to Smarter AI: Copy the Brain

As the WSJ points out, until AI can learn on the fly as our brains do, it will never be truly intelligent. One avenue to teaching AI to...

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A Sidelined Wall Street Legend Bets on Bitcoin

A great long form read on the life and times of "the Forrest Gump of bitcoin" Mike Novogratz who graciously spoke at our annual LP/ CEO...

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It started with the Rockefellers - now it's taking on crypto

In a sign the old guard can't get ignore the budding crypto space, Venrock has partnered with Brooklyn based cryptocurrency investor...

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Alan raises $28.3m for its health insurance of the future

France based health insurance startup Alan closed a $28.3m Series A round led by Index Ventures.  Alan wants to make health...

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Say - new technology gives every shareholder a louder voice

New York based technology platform for open communication between companies and their owners has raised $8 million Series Seed funding...

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Liberis Secures £57.5m in funding to support 100k Jobs by 2020

UK based small business lender has raised £57.5m in total funding from British Business Investments, Paragon Bank, and BCI Finance. 

Liberis provides funding from £1,000 to £500,000 to small businesses based on their future credit and debit card sales. The funding is...…

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Santander launches Ripple based foreign exchange service

After two years of development, Santander Group is launching a blockchain-based app, built on Ripple's tech infrastructure, for...

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PayPal makes a move toward traditional banking

With 30m in the US without a bank account, PayPal is expanding into traditional banking through partnership with smaller banks to offer...

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LendingTree ranks metros area fraud alerts

Using anonymized customer data to determine where people were most likely to request a fraud alert be placed on their cards, it is not so...

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Second chances – Mike Cagney and Renaud Laplanche

Silicon Valley has given its two most noted fintech outcasts a second chance. Lapanche (Lending Club's ousted founder and CEO) new...

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New Technology Gives Every Shareholder a Louder Voice

NYC based proxy vote startup has raised an $8m seed round led by Point72 Ventures.

“At a time when millions of Americans feel powerless and underserved by the political and economic systems, there sits a massive...…

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Barclays, Bpifrance and CLSA Invest in Symphony

Palo Alto based secure communication platform has raised $67m of Series D capital from Barclays, Bpifrance, and CLSA.  Symphony’s...

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MoneyLion announces the big alternative to the big bank

We are super proud of Moneylion's mission to rebundle the bank for those who need it most (America's middle class) - offering premium...

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Fintech Firm GreenSky Files Confidentially for IPO

The company, which operates a lending platform that enables retailers, health-care providers and home contractors to offer loans to their...

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How to make sure you're investing with the right robo-advisor

CNBC dissects the considerations in choosing a robo provider from access to a human financial adviser, potential for investment vehicle...

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America's Libor Replacement Is Taking Its First Steps

This week the NY Fed is introducing SOFR, it's LIBOR alternative, ahead of LIBOR's scheduled 2021 demise.  Unlike LIBOR, SOFR is...

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The Credit Junction Secures $150M Credit Facility from MidCap Financial

NYC based asset-backed lender for SMEs has raised a $150m credit facility from MidCap financial.

The facility strengthens and expands The Credit Junction’s ability to deliver comprehensive capital solutions to businesses across the...…

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BlackRock plans to exclude guns from its new fund

The iShares MSCI USA Small-Cap ESG Optimized ETF, which will start trading April 12, will track investment results of an index that is...

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China wants its tech firms back. Are CDRs the answer?

Chinese regulators are using the Chinese Depository Receipt to entice mainland technology giants, who left for broader access to global...

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Monex buys cryptocurrency exchange Coincheck for ¥3.6bn

Shares in Monex Group closed near a 10-year high today after the Japanese online brokerage firm said it would pay $33.5m (¥3.6bn) for...

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Interview: Jack Dorsey on Square and accessible finance

In a recent trip to London Mr. Dorsey explains that while many tech firms brag about trying to destroy the banks “That’s not our...

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IT delays force new UK bank to give up licence

CivilisedBank, a UK challenger bank, that was aiming to start lending to British businesses in the coming months has given up its banking...

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George Soros Prepares to Trade Cryptocurrencies

The head of macro investing for Soros Fund Management has received internal approval to trade digital assets - though they have not made...

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Nigerian economy: Why Lagos works

Having been on the ground there and with two portfolio companies in Lagos (Mines.io and a yet to be announced second portfolio company)...

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Spotify Is Greeted by Wall Street With a Swiss Flag, Even Though It’s From Sweden

Oh dear! America should get out and about a bit more!

Analysts were ready with their reports. The tech media was closely watching Spotify’s unusual direct listing. Gene Simmons of Kiss...…

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PeerStreet announces $29.5 million funding round

Los Angeles based real estate loan investment platform has raised a $29.5m Series B led by Andreessen Horowitz.

The Series B follows a year of high growth for PeerStreet, a two-sided marketplace that connects real estate lenders with investors. The...…

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ESG: It's About Risk Management

Portfolio company Neighborly describes how, in addition to the potential social impact, ESG investments are important to reduce...

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Blockchain Startup Spring Labs Raises $15 Million In VC Four Months After Its Founding

Los Angeles based identity verification startup Spring Labs has raised a $15m Series A, led by August Capital.

Before starting Spring Labs, cofounder and CEO Adam Jiwan spent 10 years working in investment management, with stints at George Soros’...…

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In Q1 2018, ICOs Stall As Crypto Falls

Though the number of ICOs completed fell by more than 20% in Q1, the amount of capital raised actually increased from about $3b in Q4 to...

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Benchmark just funded Chainalysis, the crypto intelligence company that helped solved the Mt Gox cas

New York based cyrptocurrency forensic intelligence platform has raised $16m in Series A capital from Benchmark.  This is the first...

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Crypto selloff driven by $25b capital gain hit, Tom Lee says

Fundstrat Global Advisors has a new thesis for the crypto selloff and its just the good old Tax Man - it estimates that US households had...

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Exchange OKEx to roll back trades after futures plunge

Hong Kong trading platform OkEx experienced an "irregular" sell-off that plunged its bitcoin futures to $4,755, while the regular Bitcoin...

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Steve Cohen's VC firm led a $21m investment in a startup that wants to power free stock trading

New Jersey based investment API provider has raised a $21m Series B led by Point72 Ventures.

DriveWeath's technology, which provides its clients access to stock markets, works in the background of a number of investment services....…

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Bitpay Raises $40 Million in Series B Round

San Francisco based bitcoin payment processor has raised a $40m Series B led by Menlo Ventures and Aquiline Technology Growth.

Blockchain payments startup Bitpay has successfully raised $40 million in a Series B round with participation by venture capital firms...…

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Nift raises $16.5M for a new kind of gift card

Boston based digital gift card startup Nift has raised a $16.5m Series A from Spark Capital, Foundry Group and Accomplice VC.

“They’re getting a gift they weren’t expecting,” he said. “We make the selection for them, so there’s no self-selecting bargain hunting...…

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