It Begins: Goldman Sachs is the First Investment Mega-Bank to Make Major Bitcoin Investment
Goldman, joined by some other firms, just dropped $50M in Circle, the digital currency company that uses bitcoin and as a BTC/fiat...
Goldman, joined by some other firms, just dropped $50M in Circle, the digital currency company that uses bitcoin and as a BTC/fiat...
This is a pretty fascinating play on mobile banking. BitSIM has developed a small, zero-footprint "card" that attaches to any SIM,...
The round was led by Goldman Sachs Group and IDG Capital partners, an early investor in Chinese Internet giants Tencent and Baidu.
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BitLicense is a regulatory policy coming from New York State that will govern digital currency businesses. The decisions made...
Twitter's stock price drops 20% in an hour! Selerity maintains that it didn't hack into anything; it simply found the information on...
SyndicateRoom is the newest example of a new style of early stage investment vehicles. In essence, SyndicateRoom uses partnerships in...
In the last several months, several initiatives to deploy blockchain technology in the securities market have come to life, chief among...
TradeBlock now serves as the analytics and execution tool set for Genesis Trading, a division of SecondMarket, Inc. As one of the...
VC funds are pouring money into artificial intelligence (AI) startups. These startups believe that the technology has finally caught up...
Viv is one of multiple companies building new applications of AI that act as assistants to help us access the physical and digital...
Financial Services featured as one of the key industries to be overturned by startups going forward. Lending, payroll, health...
Jimubox - the Xiaomi-backed P2P lending startup - has just raised a large Series C round led by Investec. The company has seen about...
Capital one is going to give cardholders a 20% credit toward using Uber until April of next year and will cover the cost of new user's...
Startups and established firms alike are creating low-cost ways to offer wealth management advice using rules-based algorithms.
Assets managed by Internet-age advisers are a tiny but fast-growing piece of the $18 trillion wealth-management market, which encompasses...…
Robo-advisor Covestor was acquired by Interactive Brokers for an undisclosed amount. Covestor had a subscriber base of over 50k in 2014...
As technology lowers transaction inefficiencies and costs, startups everywhere are focusing on unbundling services of large incumbents...
While full-stack fintech startups are taking aim at large financial institutions, white-label fintech startups such as Yodlee and...
Great podcast from Numbers & Narrative on Lowell Putnam the Co-founder and CEO of our portfolio company, Quovo. In the podcast...
Fantex is an investing platform that allows you to buy shares of professional athletes. In addition to owning a small stake in an...
China will open up its market for bank card clearing transactions to foreign players.
Currently Visa and Mastercard piggyback...
Many of these companies are taking different approaches to combating cyber crime including crowdsourcing, machine learning and a focus...
Since 2009 square has mainly been known as a point of sale system. However, since the launch of Square Capital last year, the company...
The UK-based P2P lending platform Funding Circle has just raised $150 million and has joined the billion dollar valuation club. The...
Wonga has slumped to a £37M annual loss after a clampdown by UK regulators on payday lending. As part of Wonga’s effort to transform...
Picked up by Jason Del Ray at Re/Code, Twitter has started to sell sports tickets - a logical fit according to Jason because of the...
With Sony Corp, Staples, Home Depot and Target Corp all having been targets of high-profile data thefts over the past two years this is...
A good synopsis of what most of us are missing out in SFO this week:
New tracks dedicated to the Internet of Things and securing the...
It is staggering to think that with the explosion of mobile devices the majority of the world will experience the internet for the...
Great summary by TechCrunch on the history and relationship between Wall Street and Bitcoin. The article compares the growth of...
After months of delays, the payments device startup, Coin, has started to ship its card. This announcement is after almost 12 months of...
NPM the company that is behind the javascript package manager of the same name recently raised $8 million, and is taking notes from...
TechCrunch provides a great article highlighting the regulations that fintech startups have to carefully navigate. These regs. relate to
The NY based health insurance startup, Oscar, was started by Thrive Capital's, Josh Kushner. The startup secured $145m on a $1.5b...
Our portfolio company, Tradeblock, has partnered with BitGo to provide a more seamless and secure customer experience for...
NerdWallet said it had raised a US$64 million Series A and secured a $36m revolving loan from SVB. Since the beginning of 2014, just...
A "sizzle reel' from the NY Fintech startups conference 2015. Brooks did a fabulous job of flying the FinTech Collective flag on the
Etsy was founded a decade ago in Brooklyn, and yesterday the company went public, almost doubling in value in one day. The IPO was...
Our portfolio company, Openfolio, was highlighted by Mashable as one of a new wave of financial apps that is helping millennials make...
Zomato's world domination continues with the Indian restaurant search app now operating in 22 countries. Competitors should be worried...
Early Bitcoin consolidation is happening - Coinsetter, a NYC based bitcoin exchange recently acquired Cavirtex, a Canadian bitcoin...
With the recent April 15 tax deadline, recently legalized pot businesses are facing out-sized federal tax bills. The hefty taxes stem...
Peter Thiel's Valar Ventures led the round for the Berlin based startup, which is aimed at changing how individuals spend, save and...
Need weed in 15 minutes? There's an app for that: Eaze. Eaze is positioning itself to take advantage of the growing acceptance of...
This week the former Treasury Secretary delivered the keynote address at LendIt. During the conference he acknowledged that he expects
Tera Group, which operates the first regulated U.S. Bitcoin derivatives exchange, announced the appointment of former NYSE CEO Duncan...
Billtrust, which aims to streamline the invoice process of thousands of small businesses, recently raised $25m from Goldman Sachs and...
According to the World Bank, the number of "unbanked" adults who do not engage with financial services products has decreased by 700...
A book compiling the best of over 8,000 blog posts from the Freakonomics authors. The title of the book is taken from one blog post...
The takeover follows Lendio’s Series C funding round, which raised $20million for the company last month. The company also recently...
After acquiring Gnip in May of 2014 Twitter has decided to bring all its data licensing activity in-house. How is this going to effect...
The newly formed Sydney Fintech Hub Stone & Chalk has found a CEO whose done something like this before! Alex Scandurra previously...
Acorns the digital savings and investment app has just raised $23m in Series C funding. The round was co-led by Greycroft Partners...
Alphaworks steps up their rhetoric on Reg A+ and promotes Title III as a good alternative. Alphaworks outlines how their own...
LendingClub's share price rose by 3.4% on April 14th. The company's largest intraday gain (since the IPO) came after the announcement...
Target is finalizing a $20m settlement with MasterCard over the effects of the 2013 breach of the retailers data. This comes after a...
UK-based mobile wallet Yoyo has just closed $10m of Series A funding led by Imperial Innovations- the technology transfer affiliate of...
As $1.78 billion will this be NYC (really Brooklyn's) largest VC backed tech IPO/.. Lets wait and see
The company says it will use the proceeds from the IPO "for working capital and general corporate purposes, including continued...…
Unable to accept credit cards, debit cards or checks, legal medical marijuana businesses in the US are almost always forced to run all...
There is still much uncertainty surrounding the the JOBS Act. TechCrunch provides a great update on Title II, III and IV of the Act and...
Reg A+ doesn't provide enough for incentive for start-ups to turn away from private funding, and embrace the "mini IPO." Checkout Parts
Regulation A+ sought to update a rarely used provision Regulation A. Regulation A was ineffective because it forced a company to...
In a recent letter to shareholders, JPMorgan CEO Jamie Dimon warned of growing competition for Wall Street in the form of tech...
Our portfolio company Reonomy continues to impress. The company announced this week that they've hired Chris Fischer from Shutterstock....
Congrats to our portfolio company, Reorg Reseach, on your new London office and the addition of two senior journalists. Reorg believes the
Finally a reason to talk about drones in fintech. The FAA has granted AIG, State Farm and USAA approval to use unmanned aircraft to do...
New York is becoming the ideal place not just for homegrown startups but for emerging european companies to call home. The city's...
Columbia students are upset over the arrest of a student who was arrested on drug charges after accepting payments through Venmo. ...
Bitreserve, a bitcoin startup based in LA, has just hired Anthony Watson, the former CIO of NIke who left the sportswear giant in...
Another marketplace lender joins the unicorn club. Prosper's round was led by many of the banks, including Credit Suisse NEXT...
Congrats to TradeBlock for teaming up with Thomson Reuters Eikon. (Eikon is Thomson's answer to the Bloomberg terminal). TradeBlock's...
Chicago-based middle market debt and equity investor Victory Park Capital increased its investments in lending platform Upstart from...
BNY's CIO Suresh Kumar is experimenting with bitcoin. The bank will use bitcoin, known internally as BK coins, as incentives to staff...
Anna Irrera at Financial News recently undertook the exercise of mapping fintech across 8 cities in EMEA. The map below ranks...
A quick insight from Forbes into how sophisticated family offices are generating significant investment success by leveraging some of...
Fascinating statistics on US smartphone use in this new PEW report. They highlight that more than half (57%) of US smartphone...
As startups stay private longer with higher valuations, individual investors are gaining access to invest via special purpose vehicles...
Mobile now accounts for over 30% of eCommerce sales globally according to Criteo. They analyzed individual transaction data covering...
With 10,000 small businesses using them to process billions of dollars in payroll annually ZenPayroll just landed $60M from Google...
Microsoft has announced plans to offer a tap to pay service and it's backed up these plans with state licenses to transmit money. Is...
Stephane Dubois, CEO of Xignite, provides his perspective on the difference between fintech founders and investors on the east and west...
It's not what you think: Neither NYC, nor NH, nor UT are interested in accepting Bitcoin in lieu of USD, much less holding it. Rather,...
Transunion has a lot of data. Does this trove of bits create a moat that startups attacking the credit data/scoring space will be...
Is Amazon trying to turning itself into a utility company? Amazon Dash that launched this week, is a little Bluetooth enabled button...
Berlin-based SME Lending platform Spotcap has closed a €5M round of funding with Kreos Capital. The fresh capital will be used to...
Last Summer, the president launched SupplierPay which encourages large corporations to pay small suppliers quickly. Participants...
Small businesses often face problems with working capital gaps due to unpredictability of cashflows and late payments. ...
Lendio raised a $20m Series C to scale its marketing efforts. Lendio is a market place that is powered by machine learning...
Fair Issac at the request of the banks is changing it ways. Banks want to boost lending volumes by increasing loan originations to...
This week Argentina struggled to use the byzantine global payments systems Euroclear and Clearstream to distribute money to bondholders...
Using the aliases "Nob" and "French Maid" two undercover agents stole over $1.5M in bitcoins from the silk road site as they were in...
Chicago private-equity firm GCTR has sold NYC based Fundtech to D+H for $1.25B.
D+H will pay $1.25 billion in cash for Fundtech, which is based in New York. The acquisition feeds into D+H's long-term growth strategy...…
Forbes explore the broad topic of business and Marketing software trends for 2015. Of interest where Cyber Security on mobile payment...
Nasdaq OMX and NYSE are dipping their toes into the world of Bitcoin and the Blockchain. Nasdaq revealed recently that NYC based Noble...
Facebook has 1.4 b users, 500m of them have downloaded and use the messenger App. Many doubtless send remittances across borders; some...
Just last fall, IBM released its white paper for ADEPT, it's protocol for IoT. Not long after, at CES IBM debuted this protocol with its...
Overstock investing has recently shifted its gaze, focusing now more deliberately on blockchain technologies that support existing...
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