Aaron Schumm, CEO of portfolio company Vestwell, shares his thoughts on the future of wealth management.  Technology and secular...

We are pleased to share that Axoni, an FTC portfolio company focused on blockchain solutions for the capital markets, has raised an $18m...

Venezuela's highest denomination banknote has ceased to be legal tender, in a move that has caused cash chaos and long queues at banks...

Cross-border remittance was expected to be bitcoin’s killer app. It was a simple equation: the global remittance market is huge, and the...

The UAE is striving to support and develop the very nascent local fintech start-up ecosystem with rivalry emerging between Abu Dhabi and...

While advisers tend to charge customers a 1% p.a. fee, the addition of discretionary management services is likely to push the bill...

The FT profiles how the Hong Kong-listed company keeps its customers glued to their phones and explores some of the darker Orwellian...

Forbes believes Prime Minister Modi's real motivation is a desire to leapfrog the cash generation to digital payment solutions----a...

The unbanked and informal economy has been especially hard hit.  Trade across all facets of the economy was disrupted with...

International ratings agency Fitch is now reporting a lowered GDP growth forecast of 6.9%, down from the earlier forecasted 7.4%, as...

Copenhagen based millennial banking app Lunar Way has raised €4.2m in venture funding led by Seed Capital. The funding will help Lunar...

Sacramento based SupportPay has secured $4.1m in Series A funding led by Fenway Summer Ventures. SupportPay's app helps manage child...

Scottsdale, Arizona based mortgage lending technology company CommLoan has raised $2.25m in Series Seed funding led by Social Leverage...

San Francisco based franchise online lender ApplePie Capital has raised $16.5m in Series B funding led by Fifth Third Capital and QED...

California based insuretech startup Hippo has announced $14m in Series A funding led by Horizons Ventures. Hippo offers direct to...

The new services provides emerging or mass affluent investors with a financial plan, created via a self-directed online tool, and a fully...

New York based wealth management startup Stash has raised $25m of Series B funding led by Valar Ventures.

A stunning and very long NYTimes feature on recent advances in A.I. (Artificial Intelligence). Get ready for an exciting and sometimes...

The new facility is backed by Credit Suisse and will be used to finance small business loans on the OnDeck platform.

New York based digital identity and payments startup raised a $2.2m Series Seed led by Index Ventures.

Sacramento based child support payment startup has raised $4.1 million in Series A funding led byFenway Summer Ventures.  The...

NYC based digital identity verification startup Socure closed a $13m Series A led by Flint Capital, with participation from ff Venture...

Arizona based commercial mortgage lending startup CommLoan has raised $2.25m in seed funding, led by Social Leverage and ViaWest Group.

Bitcoin has been trading north of $780 per coin, reaching levels not seen since 2013, when it traded over $1,100 per coin.

Numerai, the San Francisco based hedge fund built on machine learning, has closed a $6m Series A led by Union Square Ventures.

Richard Craib, founder of Numerai, pays a legion of anonymous data scientists with bitcoin to build machine learning models on his...

A team of academics claims an unsophisticated type of cyber attack that exploits “flaws” in the Visa card payment system was probably...

The first Amazon Go store is  in Seattle and is open to Amazon employees, who are testing the new concept. Amazon said it will open...

The key to Amazon's line-less retail strategy is low-cost cameras and sensors and exceptional cloud computing power to interpret the data...

Brasil based digital finance startup NuBank has raised $80m in Series D funding led by DST Global. NuBank is the leading digital provider...

Brussels based startup incubator eFounders has raised €5m from 40 different investors. eFounders houses startups at their two locations...

Utah based Finicity has raised $42m in Series B funding led by Experian. Finicity is a leading provider of real-time financial data...

Bangalore, India based lender ZestMoney has raised $6.5m in Series A funding led by PayU. ZestMoney provides online shoppers the facility...

New York based asset management firm KKR has raised $711m for their new growth equity technology fund. The fund, entitled Next Generation...

Chase is collaborating with Boston-based tech company LevelUpto use its technology so Chase Pay users can order ahead and...

Citigroup's FinTech division has announced the launch of a new mobile app, which combines banking, wealth management, and money transfer...

According to new research conducted by Aspect Software Research, 44% of 1,000 adults ages 18-65 said that they would rather use a chatbot...

Though most may think of analyst notes as impersonal, strictly informative reports, many banks are trying to change that image. Merrill...

David O. Sacks, chief executive of Zenefits and leader of the company's recent rejuvenation, has announced his intentions of leaving his...

San Francisco based health insurance startup Zenefits lost $204.5m in the last fiscal year according to documents uncovered by buzzfeed....

New York based insuretech startup Lemonade has announced $34m in Series A funding led by General Catalyst Partners. Lemonade provides...

Not to be outdone by Google, Elon Musk and Peter Thiels' OpenAI has also opened its virtual training center called Universe. The goal is...

Alphabet's AI division is making the maze-like game platform it uses for many of its training experiments available to the general public...

The file exposed the personal details of 161 young women who were asked to provide the explicit materials to secure loans through the...

Oracle CEO Safra Catz will be among the business leaders and technologists who will attend the discussion next week.

Since meeting and backing the founding team in 2013, we have shared MoneyLion’s vision of building a modern financial platform on a brand...

CEO James Gorman is leaning on the wealth-management division to help reach profitability targets. Most brokers to generate 10% more...

The charters may force fintech companies to have higher capital requirements than banks.  The agency also expects fintechs to apply...

Norwest Venture Partners announced that it led a $210 million Series D investment round in OpenDoor, the startup that flips real estate....

The Washington State Insurance Commissioner has ordered insurance startup Zenefits to stop providing free use of its software in the...

A long form article from the NY Times unpicks how a wealthy businessman, who set out to divorce his wife, made his fortune vanish! The...

Zimbabwe has launched its own currency for the first time since the country's dollar was abandoned 7 years ago due to hyperinflation....

Credit Karma has announced its plans to expand its business to the Canadian Market. Credit Karma also has plans to expand the rollout to...

Paris based auto-payments startup PayCar has raised €1.3m in Series Seed funding led by BNP Paribas. Founded in March 2015, PayCar has...

San Francisco based AngelList had just bought also San Francisco based Product Hunt. Product Hunt is an online platform where users can...

Toronto based commercial insurance startup Zensurance has secured $1m in Series Seed funding led by Ferst Capital Partners. Zensurance...

The U.S government has announced its plans to forgive $108 Billion of outstanding student debt in the coming few years. The decision...

Chicago based portfolio company NextCapital has appointed Matt Clink as Chief Investment Officer, the first in the company's history....

Amid a country embroiled in hyperinflation and humanitarian crises, a 23 year old Venezuelan has learned how to mine bitcoin to the tune...

Inflation in Venezuela is expected to reach 720 percent this year.  Some shopkeepers are now weighing rather than counting cash.