Less than two months into the year, it's already shaping up to be a banner year for dealmaking by financial firms — particularly for...

The initiative, known as 'Digital Business Compass', aims to provide a platform for the 37m SMEs to develop the skills to leverage online...

For an industry that is facing downward pressure on fees, rising costs and clients reducing the number of asset managers they want to...

Carrot Insurance uses phone data to measure journey length, acceleration and braking - but some say it often fails to work or wrongly...

The Swedish "buy not and pay later" startup, and Europe’s joint-largest unlisted fintech, suffered its first-ever annual loss in 2019,...

Whitfield is joining Summer as its head of engineering. He joined Plaid through the acquisition of portfolio company Quovo last year. 

Effective at the beginning of 2021, Michael Miebach, Mastercard’s chief product officer, will succeed AJay Banga as CEO, who has served...

Portfolio company Vestwell has developed leading investing architecture and APIs to maintain records in-house on a digital database and...

With weather patterns changing in unexpected ways, premium winemakers, where vintage matters, are at risk of sub-par years. Mass-market...

The US stock market was gaining earlier this year even as concerns about the epidemic intensified. That went into reverse on February 20,...

The do-it-yourself traders of r/WSB are waging a kind of guerrilla warfare in the markets, trying to exploit what they see as weaknesses...

Intuit - the software giant behind QuickBooks, TurboTax and Mint, confirmed that it plans to acquire Credit Karma — with more than 100...

JPMorgan is banned from buying other banks but will be ‘open minded’ about other businesses. JP Morgan's profits are up to $60bn in...

South Africa based fintech platform for financial institutions and telecoms has raised $55m in debt and equity funding led by Goldman Sachs.

London based payment platform that raised a $230m Series A last year has acquired its first startup, ProcessOut, which has built a smart...

San Francisco based ISA online coding school for emerging markets raised $3.2m in Seed funding led by General Catalyst.

London based AI visual damage appraisal for insurance raised a $25m Series C led by Canadian investment fund Georgian Partners.

New York based email financial data extraction startup raised a $5m Seed round led by Canaan Partners

London based digital “social bank” raised £7.8m in a Seed-2 round led by undisclosed angels. 

Los Angeles based financing platform for SaaS companies raised $6m in a Seed round led by Craft Ventures.

New York City based compliance for enterprise platform raised $100m in funding from Softbank Vision Fund 2. 

New York based bank account opening software for banks and credit unions raised $8m in Series A funding led by Point72 Ventures.

Spain based employee benefits and payment card raised €2.1m in “pre-Series A” funding co-led by Speedinvest and Target Global.

UK based digital bank has raised a $500m Series D at a $5.5b valuation, led by TCV. The round represents a roughly 3x increase in...

India based digital payments startup raised $75m in Series C funding led by Coatue and Ribbit Capital. 

The acquisition will diversify revenues for Ally and add 2.8m credit card accounts, $3.4b in balances, with an avg. FICO score of 630.

LendingClub will acquire a banking license, $1.4b in assets that will provide a stable and cheaper source of funding, and improved...

France based neobank for SME traders between Europe and Asia raised $4m in venture funding led by Shanghai based Ally Capital

The list includes the largest and fastest-growing consumer-facing marketplaces, including portfolio company Raise ranked 19th.

Los Angeles based mortgage servicing startup has raised a $10m Series A led by Point72 Ventures.

In early 2017 Clifton Collins, an Irish drug dealer, former security guard and award winning beekeeper had a dilemma: where to hide the...

Instead of opening its own wallet to expand, Goldman is trying to grow a fledgling retail bank, create a treasury-services business, and...

Across the finance industry, Ralph Hamers has earned praise as a champion of artificial intelligence and digital platforms. At home in...

Morgan Stanley swooped in, and for $13 billion in stock it now gets to clothe itself in ETrade’s digital street cred, attracting younger,...

Sweden is the least cash-dependent country in the world, making it a litmus test for how central banks can react to people using less of...

Not many people had insurance on assets locked up in bZx’s Fulcrum, but after a bug yielded an exploit of its smart contract, a couple of...

But as the FT points out, the Industry faces questions about how it will use these thousands of new information sources and how will...

Atlanta based privacy, security and third-party risk platform has raised a $210m Series B at a $2.7b valuation led by Coatue and Insight...

Rippling, a new employee onboarding startup founded by the former Zenefits CEO, had a new billboard aimed at their rivals (and fellow YC...

The platform allows creators to earn monetary support from fans and is now supporting creators with non-equity cash advances.

Washington, DC. based post-sales management platform raised a $10m Series A led by CRV.

Washington D.C. based auto refinancing platform raised a $8.6m Series A co-led by Accompliceand Link Ventures.

London based crypto custodian raised $8m in Series A funding led by Target Global, LocalGlobe, and MMC Ventures.

Seattle based insurtech management platform raised a $1.3m Seed round led by Cascade Seed Fund. 

London based insurtech platform for auto and marine industries raised a $20m Series B round led by AlbionVC.

Boston based restaurant management and payments platform raised $400m in a new round of funding at a $4.9b valuation, led by Bessemer...

ACH Colombia has announced its real-time payment initiative powered by portfolio company, Minka -  38k RTP transfers have already...

Portfolio company Vestwell released Phase I of their advisor plan management tools this week! This is the first step in a larger effort...

The deal is expected to close in Q4 2020, and notably follows Charles Schwab's $26b acquisition of TD Ameritrade.  The consolidation...

Coinbase is the first cryptocurrency company to gain principal membership with Visa, which cuts out expensive middlemen from the process...

While probably not the outcome recent venture investors were shooting for when investing in Harbor, this marks the first time a single...

Jordan based SME lending marketplace raised $6m in equity funding led by Dutch Entrepreneurial Development Bank FMO.

As the Economist reports, the real estate market has been characterised by low volumes and extortionate transaction costs. This...

The central bank has slashed money-market lending rates, and banks have been told to extend the terms of loans. Pessimists say the crisis...

The problem with a global pandemic bond for financial investors is that it's correlated, as the market goes down so do the value of the...

New research out of the UK suggests that, for richer or poorer, in good times and bad, British investors are unlikely to break up with...

More public-housing residents in the US would see their credit scores improve if their rent payments were reported to credit agencies,...

Visa’s global business counts more cards, more revenue and more profit than Mastercard, however in investors’ eyes, it is playing catch up!

Total credit-card balances increased by $46 billion to $930 billion, well above the previous peak seen before the 2008 financial crisis,...

As Bloomberg reports - Kenyans are discovering that financial inclusion also comes with some risk. High borrowing rates from apps like...

Merging old-school fundamental and cutting-edge quantitative investing - now given the awkward portmanteau “quantamental”, is one of the...

Boston based vertical payments company raised $120m in Series E funding led by Goldman Sachs. Flywire also acquired Simplee, a healthcare...

After three years and tens of millions invested in gaining a national banking license, Varo has received the critical stamp of approval...

The company expects to hire at least 185 employees over four years in exchange for tax incentives. “We’re absolutely going to be in...

The World Bank launched a $320m catastrophe bond issue in 2017 to back its Pandemic Emergency Financing Facility. Originally scheduled to...

New York based corporate credit card provider has raised $25m in funding led by Founders Fund.

Fortnite's V-bucks, which are purchased with real dollars, were to be taxed by the IRS with other virtual currencies. The directive on...

Dee Choubey, CEO of portfolio company MoneyLion, joined Sherry Haymond from MasterCard to discuss how MoneyLion is rewiring the financial...

Peru is home to an estimated 120 fintech startups actively tackling issues of financing inclusion and better servicing the region's SMBs...

Facing competitive pressures from both sovereigns like China and corporates like Facebook, the Fed has been exploring the digital dollar...

An ICO made in reliance on the new safe harbor will still have to comply with certain disclosure requirements, but will give a three year...

The People’s Bank of China has filed more than 80 patents related to its secretive plans to launch a digital currency, according to new...

Texas based digital giving software raised $8.7m in Series B funding led by PerformanceEdge Partners.

Dublin based regulatory compliance software for financial services raised $80m in funding at a post-money valuation of $800m led by ABN...

Margin trading is going to be available on Coinbase Pro. Both retail and institutional investors will be able to submit margin trading...

San Francisco based cross-border credit reporting platform raised $50m in Series B funding led by Kleiner Perkins.  

Circle has signed a definitive agreement to sell its Circle Invest app which was launched in March 2018 to crypto brokerage Voyager (for...

London based cryptocurrency monitoring startup has raised an additional $5m from Wells Fargo Strategic Capital, bringing the size of its...

NYC based crypto financial products company has raised a $30m Series B led by Valar Ventures.

Congratulations to portfolio companies MoneyLion, Plaid, and Axoni for being named to the Forbes Fintech 50 list of most innovative...

The amount is roughly 56% of all US equities held by households in the US, while the bottom 90% own $4.6 trillion of equities or 12% of...

Customers who opened a bank account in the U.K. will have to transfer their deposits, spend everything with their card or withdraw money...

Soft bank's Masayoshi Son blew through the money with a rapid-fire series of high-priced investments amid bitter feuds between his...

Uber AI Labs has developed an algorithm called Generative Teaching Networks . that produces synthetic training data for neural networks...

Goldman Sachs plans to expand its retail brand Marcus in Britain this year with more than 65 new staff to a total of headcount of 300.

European challenger banks have crossed the pond to the U.S. The banking apps have tailored their products and offering and face...

Synthetic data has the potential to decrease data bias in AI systems by computer-generating data rather than being manually collected,...

It is most often created by funneling real-world data through a noise-adding algorithm to construct a new data set. The resulting data...

One UK start-up said: “We think it’s insane that today you can go around tapping your card or paying with watches or even your face, yet...

In the UK, Bupa has introduced a “get paid early” option for nearly 11,000 staff working in its care homes, enabling employees instantly...

FinTech Collective welcomes global company builder and emerging asset manager to the portfolio. The company raised $75m in funding from a...

Philadelphia based tech-enabled real estate brokerage and home services company raised $9.5m in Series A round led by Edison Partners.

San Francisco based flexible leasing startup raised a $20m Series A round led by Greycroft.

This is the latest in a wave of payments industry consolidation, particularly among legacy players that feel threatened by a...

California based B2B payments platform on the blockchain raised a $20m Series B led by DNX Ventures.

San Francisco based home valuation company raised a $65m Series C round co-led by Morpheus Ventures, Alpha Edison, and PSP Growth.

India based fintech platform for physical retailers raised a $8m Seed round led by PayU.

Square has partnered with UPS to make it easier for Square merchants to access UPS's shipping services for order fulfillment.  The...

Effective immediately, the state of New York has banned brokers fees for renters - shifting the burden to landlords, some of whom will...

More than $3 trillion swaps and forwards are executed globally and financial giants employ small armies to check every step of the...

The bank has been working on software that would allow it to plug into Amazon’s existing loan platform. Small and medium businesses...

The company’s interchange rates will go up or down depending on the merchant and the way a consumer pays for their purchases. Retailers...

New York based conversational AI startup for financial services raised a $7m Series B extension from Napier Park Financial Partners.

Salt Lake City based real estate startup for first-time homebuyers raised a $23m Series B round from undisclosed backers.

Mexico City based consumer digital bank raised a $10m Series A extension co-led by Bertelsmann Investments and Source Code Capital.

New York based insurance-as-as-service platform raised a $14m Series A round led by Coatue and Greycroft.

Singapore based high-volume payments blockchain startup raised a $13m Series A investment led by Eight Roads.

Austin based insurance marketplace startup raised a $38.5m Series C round led by Accel.

Lemonade is getting into pet insurance with coverage for cats and dogs. CEO Daniel Schreiber explained that dog ownership is one of many...

A deal could value the online marketplace at more than $30b. ICE is primarily interested in owning eBay’s core marketplace business.

San Francisco based payments-as-a-service startup has raised a $35m Series B led by Sequoia.