Freedom 251, India’s most affordable smartphone launched for Rs 251 (US$4)
A smart phone this cheap, Rs 251 (less than $4) could help re-shape how financial services are delivered in emerging markets. It may...
A smart phone this cheap, Rs 251 (less than $4) could help re-shape how financial services are delivered in emerging markets. It may...
The Consumer Financial Protection Bureau released its policy statement on No-Action Letters (NALs), ostensibly enabling financial...
As the CFPB seeks to provide greater regulatory clarity for fintech startups on this side of the Atlantic, the UK FCA is putting its...
The former President of BuzzFeed announced the launch of his new venture Cheddar, backed by $3m in funding. Cheddar is a video platform...
Founded as a partnership between insurer Ping An and internet giants Alibaba and Tencent in 2013, China's first online-only insurer is...
The New York based payroll and employee benefits platform raised a $30m Series D round on Tuesday. The fundraise was led by Sequioa...
Autonomous vehicles have racked up a crash rate double that of those with human drivers. The glitch They obey the law all the time,...
If you really want to geek out on Google's self-driving car project, then visit their monthly reporting page. Here you will find Google...
The popularity of E.T.F.s is soaring, this low fee product now accounts for a third of all publicly traded equities. As these products...
The National Highway Traffic Safety Administration says federal law will consider Google's computerized self-driving system as the...
KPMG surveyed senior insurance executive whose companies, in aggregate, account for almost $85b in personal and commercial auto premiums....
San Francisco based 401k platform raised a $3.5m Seed round. The round was led by SoftTech VC and included participation from SV Angel,...
Oscar, the New York based health insurance startup, raised a $400m venture round, led by Fidelity. The round values the company at...
The debate over the Labor Department's proposed rule to raise investment advice standards for retirement accounts created an entertaining...
Stripe adds another tool to its suite of startup products
. The company's new product Atlas helps interational companies incorporate more...
The San Francisco based real estate crowdfunding platform, RealtyShares raised a $20m Series B from Union Square Ventures, Menlo Ventures...
More talk on the autonomous car, this time from Israeli publicly traded company Mobileye - leading the way for driver assist...
Mark Zuckerbergs bubble may have burst just a bit, as Facebook's acclaimed patent for building a borrowers credit score through social...
It just keeps getting more and more interesting. New P2P insurance startup, Lemonade, hired world renown behavioral scientist Dan Ariely...
Artivest has recently partnered with the Depository Trust and Clearing Corporation's Alternative Investment Product Services (DTCC-AIP)...
Google just posted that in one months time, the search engine giant will be shutting down Google Compare - allowing for the search and...
With the partnership between BNY Mellon and NextCapital in place, NextCapital will now be able to assist advisers in providing holistic...
The whispers of even the possibility of negative global interest rates (the infamous "NIRP") has sent a shiver down the spines of bank...
Fintech firms are hitting some of the same problems as the finance-industry giants. OnDeck stock dropped a staggering 20% today after it...
A couple of weeks old but an interesting Bloomberg article showing empirical evidence of a rapid deterioration of financial liquidity...
Nesta's report ‘Pushing Boundaries – The 2015 UK Alternative Finance Report‘ looks at the trends in the alternative finance industry....
NextCapital's EVP, Rob Foregger, explains how the company has become the leader in enterprise digital advice. After a $16m Series B in...
The Financial Solutions Lab is looking for innovative fintech startups that help Americans weather financial shocks. FinLab – a...
Fundrise, a crowdfunding platform that facilitates individual investment in real estate via so-called eREITs, has announced by way of an...
Chase's march towards an improved omnichannel banking experience continues, as it announced the roll out of a new generation of eATMs...
P2P payment companies, take note. In seeking to assert itself as the undisputed leader in P2P payments, Venmo has announced that, for the...
Renewables are the fastest-growing source of energy in the United States, accounting for over half of new generating capacity added in...
The law firm Fenwick & West, published a new report highlighting the financing terms of recent financings with a $1b+ valuation. One...
Must read from Bloomberg on the state of Europe's incumbent financial institutions and the growth of fintech disruptors. Short summary,...
Dallas based, B2B payments company, StoneEagle, raised $76m from FTV Capital.
FTV Capital has invested $76 million in StoneEagle Services. Andy Roberts was named StoneEagle’s CEO while existing StoneEagle management...…
Seed CX raised a $3.42m Seed round led, by Brookly Bridge Ventures and number of unnamed investors. If the startup gets regulatory...
Challenger bank Mondo, has been valued at £30m in it's new £6 million funding round. Mondo has raised capital from VC fund Passion...
Interesting data from App Annie's new report that analyzes the app industry in global markets. App economies in emerging markets continue...
What happens when you legally sell marijuana and want to deposit your earnings at a bank? The federally licensed bank denies your...
Analysts at Citi are suggesting that Google should acquire AIG. Google’s been dipping its toe into insurance, but with this acquisition...
To avoid more scrutiny and fines, banks are hiring former intelligence professionals from the CIA and military to monitor their...
Unicorn valuations are under constant scrutiny, a recent McKinsey report argues that more high tech companies should be valued with a DCF...
Taking sentiment analysis to the world of fintech, Dr. James Cicon from the University of Central Missouri built a software that can...
Is this the beginning of the end for cash? Former Treasury SecretaryLawrence H. Summers wants to stop printing anymore $100 bills. The...
The too-big-to-fail debate has moved beyond a simple argument over whether banks should be broken up just because of their size. True,...
Britain is increasingly skilled at turning its brainpower into thriving tech firms. But these tend to end up in the arms of the American...
UK Payments start-up, now mobile commerce company Powa, released a video stating that despite a recent deal with China UnionPay the...
The round, led by Germany’s Holtzbrinck Ventures and following $1.9 million raised last September, will be used to accelerate growth in...
Banks now account for a quarter of the lending on UK peer-to-peer websites, in a sign that the UK’s £3.2bn alternative finance market is...
LendInvest, which has aspirations to be the UK’s leading mortgage provider, said it was looking at buying a traditional high street...
What started out as a research platform, SumZero has now started to win respect by surfacing small hedge funds with unique investment...
Agents more used to tracking terrorists and busting organized-crime rings have found a lucrative second career keeping tabs on Wall...
According to former key architect of Walls Street's 2008 bailout, Neel Kashkari, US banks are still "too big too fail". In a recent...
Data obtained by BuzzFeed News shows the extent to which the company apparently flouted the state’s insurance law.
In Washington state, where Zenefits is currently under regulatory scrutiny, 83% of the insurance policies sold or serviced by the company...…
Uber, AirBnB, FanDuel, DraftKings and now Zenefits have all had recent run-ins with the regulators. Compliance officers rejoice and get...
With many tech startups having moved into highly regulated financial industries is the Zenefits admission an isolated instance of Silicon...
AngelList released their 2015 report this week.
Over $160M raised online for 441 startups via 3,379 investors
The reasons: Rule breaking at Zenefits; PayPal is facing increasing competition from the old money companies like Visa; Yelp cries for...
Africa Internet Group (AIG) which owns online retailer Jumia and 9 other e-ventures will receive $83 million from AXA Insurance in...
SwervePay, a Chicago-based company that lets patients pay medical bills through texts, has raised $10 million in funding.
He said providers using SwervePay typically see an increase of 20 to 30 percent in the rate of paid bills. The app integrates with...…
Payleven the mobile payments startup originally incubated at Berlin’s Rocket Internet has raised a $10 million growth round from a...
Mike Bloomberghas apparently commissioned another national poll to test his viability as an independent candidate, following TrumpandSanders
Using aggregation an advisor can 1) Calculate a client’s true net worth 2) calculate their share of wallet i.e. the % of a client’s...
In case you missed it, LinkedIn, Salesforce and Workday lost a combined $18B in market cap in one day. Why did this happen? All 3...
Quicken Loans' new commercial "Push button get mortgage." has cyber security experts concerned. The risk with providing instant access to...
Equity markets in Asia may be slowing down, but demand for Xignite's cloud-based market data solutions in the region certainly isn't.
Financial institutions and large tech companies are investing in and acquiring fintech's best startups. Bank of America, leads the pack,...
One reason for Uber's success is that it removed the friction and pain of paying for a taxi. However a service that requires a mobile...
WaveCrest is using it's prepaid card program to help Taxi cab drivers and fleet managers make and receive payments. Today, drivers line...
A new study by PWC looked at millenials' personal finances. The study found that millennials struggle with their finances. Of those...
They say 35 year old Parker Conrad's approach was "ready, fire, aim". Now, as Conrad resigned from position of Zenefits CEO, this Silicon...
In November of last year the government of the UK set up the Open Banking Working Group (OBWG) to explore how banks and fintech firms can...
Could it be possible that regulators are moving faster than we think? The National Highway Traffic Safety Administration (NHTSA) has...
Millennials and small investors aren’t the only ones using robo-advisers. Poeple with much larger portfolios are also trying them out.
Will we see more accusations of foul play by crowd funding sites now the public equity markets are in turmoil?
Mr MacKenzie cited an email from Crowdcube, which advised his company: “If we are aiming for £2.5 million as [final campaign] target,...…
WorldRemit, the London based money transfer startuphas raised a $45m round from TriplePoint Venture Growth and Silicon Valley Bank,
In the last year, WorldRemit has been working on licenses to add more sending regions to its network. It is now active in some 40 U.S....…
Paytm, the India based e-commerce startup that competes against Amazon, is raising $400m. Paytm was valued at around $2.8b during its...
More interesting chatter in the "insuretech" space. Some of the industry's biggest players - Berkshire Hathaway’s National Indemnity,...
Online lender, SoFi, has made a last-minute edit to its Super Bowl commercial. The startup received criticism for the final line in...
PayPal, once the disrupter is now the incumbent. The payments company bought a 45 second Super Bowl commercial to kick off its new...
Zendrive raised a $13.5m Series A led by Sherpa Capital.Zendrive uses data from your smart phone to improve the safety of drivers. Should...
Opendoor, an online marketplace for real estate, launched in Dallas with $80 million in Series C funding. Investors include Khosla...
TechCrunch highlights the growth of online lenders and gives guidance on where it expects the industry to go in 2016. The article...
Hart Lambur, CEO of Openfolio, sat down with CBS News' Jill Schlesinger, Betterment's CEO Jon Stein, Motif's CEO Hardeep Walia and...
Santander sold its portfolio of LendingClub loans to J.P. Morgan. The loans were sold for a premium to the outstanding balance on...
Regulations and capital requirements are preventing entrepreneurs from attacking the insurance industry. The Economist argues that...
Research from TradeBlock shows that the inverse relationship between the price of bitcoin and gold has become stronger. The trailing...
Openfolio released their January 2016 report, providing investment insights to help you know just how well you were doing this January...
Mark Suster, partner at UpFront Ventures, shared the funds' latest survey conducted after surveying 73 LP firms and 150 VC firms. The...
The Washington, DC startup, FiscalNote is using big data and machine learning to predict the outcome of proposed legislation and the...
Maryland-based software company, Sonatype, secured a $30m debt and equity investment led by Goldman Sachs. The large institution viewed...
Super Bowl 2016 is coming up! San Francisco-based startup, Fantex, offers 6 "trading stocks" tied to the future earnings of professional...
Financial adviser Carolyn McClanahan shows clients how the cost of life insurance varies based on weight and smoking status. Although we...
Montreal-based bitcoin-focused startup, BlockStream, secured $55m in Series A funding led by Horizons Ventures. This is the latest in a...
Japan’s SBI Group, has announced it is creating a new company in partnership with digital ledger technology (DLT) startup Ripple in order...
RBC are piloting FutureAdvisor with their top advisers in the US. These advisers are interested to test the platform's ability to reach...
Paper ledgers are long gone at the Bank of England. But in their place lies the Real Time Gross Settlement system (RTGS), across which...
Ezubao claims to be a peer-to-peer lender however a former executive claims it's one massive Ponzi scheme. Suspects apparently buried...
The stock market is starting to reflect the priorities of those born between 1980 and 2000. Leisure and travel-related stocks, including...
IoT in workers comp. insurance raises a debate about data privacy vs. safety benefits including sensors that could warn of an employee...
With $100m of dry powder, USAA is till in market. However one source was heard to say “USAA’s top priority now is defending itself from...
NYC continues to develop as a strong tech hub and investors are supporting the early stage growth. In a recent presentation by NextView...
Berlin-based fintech company, Spotcap, secured EUR 31.5m in Series B financing, led by international private equity firm, Finstar...
A volatile stock market is one factor making angels more cautious. This is one input that has led startup valuations to drop to their...
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