News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

CFPB clears way for regulatory clarity (?)

The Consumer Financial Protection Bureau released its policy statement on No-Action Letters (NALs), ostensibly enabling financial...

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Jon Steinberg launches "CNBC for millennials"

The former President of BuzzFeed announced the launch of his new venture Cheddar, backed by $3m in funding. Cheddar is a video platform...

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Zhong An looking at 2016 IPO

Founded as a partnership between insurer Ping An and internet giants Alibaba and Tencent in 2013, China's first online-only insurer is...

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UK P2P Lending Grows Over 80% Percent in 2015

Nesta's report ‘Pushing Boundaries – The 2015 UK Alternative Finance Report‘ looks at the trends in the alternative finance industry....

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FinLab applications are now open!

The Financial Solutions Lab is looking for innovative fintech startups that help Americans weather financial shocks. FinLab – a...

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'Real' Drama As Fundrise Fires CFO

Fundrise, a crowdfunding platform that facilitates individual investment in real estate via so-called eREITs, has announced by way of an...

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JPMorgan Chase To Roll Out eATMs

Chase's march towards an improved omnichannel banking experience continues, as it announced the roll out of a new generation of eATMs...

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Venmo Joins 3 Comma Club

P2P payment companies, take note. In seeking to assert itself as the undisputed leader in P2P payments, Venmo has announced that, for the...

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Renew Financial Raises $70m Series D

Renewables are the fastest-growing source of energy in the United States, accounting for over half of new generating capacity added in...

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The Investment Terms Behind Unicorn Valuations

The law firm Fenwick & West, published a new report highlighting the financing terms of recent financings with a $1b+ valuation. One...

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FTV Capital to invest $76 mln in StoneEagle

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...…

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The Next Horizon of Emerging App Markets

Interesting data from App Annie's new report that analyzes the app industry in global markets. App economies in emerging markets continue...

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Valuing high-tech companies - McKinsey Report

Unicorn valuations are under constant scrutiny, a recent McKinsey report argues that more high tech companies should be valued with a DCF...

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The Plot to Kill the $100 Bill

Is this the beginning of the end for cash? Former Treasury SecretaryLawrence H. Summers wants to stop printing anymore $100 bills. The...

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Break Up the Big Banks? Do This First

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,...

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Break up the banks, says Minneapolis Fed chief

According to former key architect of Walls Street's 2008 bailout, Neel Kashkari, US banks are still "too big too fail". In a recent...

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Xignite rakes in $20.5m Series C

Equity markets in Asia may be slowing down, but demand for Xignite's cloud-based market data solutions in the region certainly isn't. 

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Uber Cashing In On Cash Payments

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...

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UK sets out open banking API framework

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...

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WorldRemit Gets $45M At A $500M Valuation To Grow Its Mobile Money Transfer Business

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....…

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SoFi is making a big bet on a Super Bowl ad

Online lender, SoFi, has made a last-minute edit to its Super Bowl commercial.  The startup received criticism for the final line in...

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The State Of P2P Lending

TechCrunch highlights the growth of online lenders and gives guidance on where it expects the industry to go in 2016. The article...

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Openfolio's Monthly Report

Openfolio released their January 2016 report, providing investment insights to help you know just how well you were doing this January...

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The State of Venture Capital

Mark Suster, partner at UpFront Ventures, shared the funds' latest survey conducted after surveying 73 LP firms and 150 VC firms. The...

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Aha! A Dollars and Cents Reason to Lose Weight

Financial adviser Carolyn McClanahan shows clients how the cost of life insurance varies based on weight and smoking status. Although we...

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