Australian financial tech company Tyro Payments raises $72M led by Tiger Global
Australian fintech company, Tyro Payments, raised $72m in venture financing led by Tiger Global. As the first Australian tech company to...
Australian fintech company, Tyro Payments, raised $72m in venture financing led by Tiger Global. As the first Australian tech company to...
The grocery section of N&N Delancey Smoke Shop is now home to the Lower East Side's first official BitCoin dispenser. CoinSource, a...
When we think Virtual Reality (VR), we most likely envision the Oculus Rift or computer games. But some believe VR is going to affect our...
Tonight's 60 Minutes covered the "mobile money" revolution that has swept Kenya, allowing people to send and receive money on their cell...
Many businesses depend on people’s personal data, but the people who own that data usually get no financial benefit from it. Datacoup...
Attacking travel insurance from an oblique angle? Freebird resists the insurance analogy because there is no claim to file for...
James Waldinger, CEO of FinTech Collective portfolio company Artivest, was interviewed by The Institute for Innovation Development, in a...
Openfolio has teamed up with Robinhood to enable in-app trades. This means that an Openfolio user (download the app) who is looking at...
The SEC has started to to investigate whether or not mutual funds have the proper procedures in place to value private investments. The...
Fred Wilson and the team at USV believe that the biggest difference between public and private markets is the amount of information that...
Tencent's online-banking affiliate, WeBank is seeking to raise around $1b to increase its financial-services offerings (loans and...
The mentality of fintech startups has shifted from a combative, "down with the banks" position to a more complimentary view of the banks....
Subprime auto lending has surged in recent years, while subprime mortgage lending has remained flat. In the last 6 months more than $110b...
Another day and another large Financial Institution gets an activist hedge fund manager who wants to see the firm broken apart.
A representative from hedge-fund Paulson & Co. and a prominent Wall Street analyst—with different but dramatic plans for how insurance...…
There are still a lot of hidden B2B payments opportunities out there. US Bank just went live with MSA Pay, a mobile payment app for...
Real-time options analytics provider Hanweck Associates has raised $10 million in debt and equity funding led by New York-based private...
Aussie start-up Data Republic are now actively tackling the concept of "data control", where contributors of data have full control of...
Santa Monica based customized prepaid debit card maker Card.com has raised $9m of Series C financing from Columbia Pacific Advisors'...
UK based employee loan benefit service SalaryFinance has raised $6.1m of private financing, led by Brightbridge. The service, which is...
Following up on our newsletter topic last week regarding Fidelity's startup write-downs.....the question is now that these mutual fund...
Square has finally priced its IPO and it hasn't gone terribly well. The $9 per share price came in below the proposed $11-$13 offering...
The House of Representatives has passed a bill that would limit the U.S. Consumer Financial Protection Bureau’s 2013 auto lending...
Standard & Poor's Global Financial Survey uses four questions to test basic numeracy and understanding of interest compounding,...
Eagle eyes....this is bad customer service anyway you look at it. In this opinion article, BloombergView looks at the intricacies of...
London-based online business finance startup, Ebury, secured $83m in Private Equity financing from Vitruvian Partners. The company helps...
Align Commerce, the cross border blockchain based payments company, secured $12.5m in Series A funding. CEO, Marwan Forzley, described...
So, that just happened. Former Formation8 founder, Joe Lonsdale, has added Hollywood actor Tobey Maguire to his new $50m seed fund -...
San Francisco refinancing startup Earnest, just raised $75 million in Series B financing, led by Battery Ventures and Maveron. Earnest,...
MasterCard announced it’s inaugural global Start Path class that includes 7 startups that were selected from nearly 200 applicants to...
The shortage of information about private technology companies and their tiny trading volumes are creating daunting valuation hurdles for...
Fidelity has become one of the most active investors in privately-held startups, but it looks like the investment giant is beginning to...
New York based venture capital database CB Insights has raised $10m of Series A funding, led by RSTP. Proceeds will go toward research...
Cambridge based mobile payments solution provider Bango has raised $17m of private financing. Post-money valuation on the raise is $91m....
No wonder trading participants are so concerned with corporate bond liquidity and volatility (the topic of our newsletter two weeks...
Milan based robo-advisor MoneyFarm has raised $17.2m of Series A financing from Cabot Square Capital and United Ventures. Launched in...
San Francisco based online consumer and retail goods crowdfunding marketplace CircleUp has raised $30m of Series C funding, led by...
Community and local banks are winning with one very important age group: millennials. Over the past year, community banks saw a 5%...
Banks are facing increasing pressure from websites that help consumers manage their finances but at the same time, the institutions are...
Apple will not charge banks for using the service, unlike ApplePay which currently does levy a charge to banks.
Apple has been talking with a number of banks about the service, including J.P. Morgan Chase & Co., Capital One Financial Corp., Wells...…
There's a two day conference in Tel Aviv this week, hosted by Leumi, with Glocer, Pandit and others.
Here's the running chat on Twitter |
The FT has a 3 part series on the turmoil and decline of the banking industry. There are 3 schools of thought about what is going on. 1)...
The U.S. Treasury Department is beginning to analyze the growing alternative-lending industry, The Treasury issued a RFI on the industry...
Unlike Square, ShopKeep charges a monthly fee for its core product, which makes the CEO Norm Merritt confident his business will be way...
There are several start-ups (e.g. Clearbanc) who are trying to eliminate payment disintermediation for small businesses (often single...
New York-based alternative lending startup, Bread, secured a $14.3m Series A round, led by Bessemer Ventures. Bread developed a...
Congrats to Quovo and their new relationship with Schwab. Quovo is now a Schwab Performance Technologies (SPT) third-party data...
Is the Square IPO at a discount to the last round that valued the payments start-up at $6bn? The FT provides some interesting perspective...
One takeaway from Zach's good Sunday-read is that we are just beginning....
"Over the next decade, the familiar 20th-century modes of...
Facebook's quarterly results came out last week. Facebook now has 1bn daily active users, 894m of them on mobile.
Bitcoin exchange trade volumes and over the counter (OTC) volumes have soared over the past week as the bitcoin price hit its high for...
Square could soon be a case study on what happens to tech startups that can’t support their unicorn private market valuations ($6b) in...
Bank of America has put dozens of employees to work on an automated investment prototype for Merrill Edge, which targets accounts under...
Major firms across the financial services landscape are making their first investments into bitcoin and blockchain startups. CB Insights...
Raj Date, former deputy director of the Consumer Financial Protection Bureau, spoke on Thursday at American Banker's Marketplace Lending...
Atlanta based alternative credit buerau, FactorTrust, closed a $42m investment led by ABS Capital Partners and MissionOG, both late stage...
Publicly traded company, ACI, anounced that it will acquire German based eCommerce payment gateway services company, PAY.ON. The deal is...
1) Funding portals will be permitted to curate and vet companies subjectively
2) Companies do not have to perform ongoing audits or...
Virgin Money wants to force big banks to charge customers the real cost of current accounts. This would end the free-in-credit model in...
From the FT Lex - If you are a privately owned tech co. with a valuation greater than $1bn you may want to think twice before IPO. 'A...
Until last week only “accredited investors”—those whose net worth exceeds $1 million, excluding their primary residence, or who earn more...
Clay Calvert, director of Cybersecurity at MetroStar Systems points out in this FT article the scale of the cyber threat facing banks....
J.P. Morgan and Wells Fargo are snarling the flow of data to popular financial manager platforms. It's very clear that banks fear this...
Singapore-based fintech app maker, Call Levels, has raised $500k in pre-series A financing, led by 500 Startups. Investors included...
Publicly traded company, CME Group, said in a press release this week that it has signed an agreement with non-profit FinTech Sandbox, to...
Global accounting firm giant, KPMG, recently acquired G2 FinTech's U.S. tax software for an undisclosed amount. The intention of the deal...
This week the price of bitcoin reached close to $500, a price hike that hasn't been seen in over a year. Apparently, the reason for the...
A bill requiring hedge funds to disclose their holdings more frequently was introduced in Congress on Wednesday, a move that if signed...
For all the potential benefits that Title III of the JOBS Act intends to provide there are many challenges that entrepreneurs and...
The Atlanta based, alternative credit bureau, FactorTrust has secured $42m in funding. ABS Capital Partners and MissionOG led the round.
FactorTrust, the alternative credit bureau, announced today that Michael Heller, an information and analytics industry leader, has joined...…
Mobile invoicing app Invoice2go has secured $15m in Series C funding.Ribbit Capital led the round with participation from Accel Partners.
Invoice2go has also hit a new milestone, with customers invoicing more than $1 billion per month, positioning the company to make an...…
Management of reference data is a hefty expense (~$10b/year) for the financial services industry. Each firm devotes man power and...
Congrats to Quovo on its new partnership with BlueLeaf. Quovo will now provide BlueLeaf with smarter aggregation for its clients'...
Interesting data on millennials' investment habits from BlackRock’s latest Global Investor Pulse Survey. The report found that 58% of...
You've most likely heard of the payments companies Klarna and iZettle, but here is a list of 10 other Nordic startups that are helping to...
It's been a rough year for European banks. Standard Charter is the latest bank to feel the pain. The bank has been crushed by the...
Charlie Shrem was the first person to be convicted of a Bitcoin-related crime. Shrem is serving a two-year prison sentence for money...
Seedrs, the U.K.-based crowdfunding startup, is launching its services in the US. Seedrs will allow certain US investors to buy equity...
Cash. Cash. Cash.
Globalization and the significant % of the world that still transacts in cash are key drivers for what seems like a big...
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