Millennials Are Pretty Cocky About Their Investing Skills
Millennials seems the think they know more about investing than they probably do. A recent survey showed that most millennials will...
Millennials seems the think they know more about investing than they probably do. A recent survey showed that most millennials will...
The results of the Federal Reserve's latest stress tests presented rather positive results showing that the banking industry is stronger...
Although the spotlight has been mainly on the UK following the recent referendum in favor of leaving the EU, many investors have...
A terrific Techcrunch profile on our portfolio company MoneyLion - one of NY's best kept secrets and fastest growing fintech...
Continuing with the latest trend of enterprises focused on capitalizing the massive interest in blockchain, IBM recently opened a tech...
Market volatility may scare off some loan buyers, but as discussed in last week's newsletter, lower (or negative) interest rates for...
Sydney HQ'd Avoka, a leader in digital customer acquisition for financial services companies announced it had raised $12m in a new round...
Director of Operations at portfolio company, Wunder Capital, sheds some light as to why solar financing can actually be detrimental to...
With Britain's exit from the EU last week, some high-profile tech companies are now threatening to pull out of the UK, international...
Thomas Dawson, a New York-based partner at transatlantic law firm Drinker Biddle, notes that the Brexit will have little immediate impact...
Indian working capital financing startup Lendingkart has raised a $32M Series B, led by Betelsmann India Investment with participation...
As bitcoin (and digital currency transactions in general) begin gaining traction once again, tax related questions are inevitable and the...
Omaha-based digital banking technology provider D3 Banking has raised a $10M venture round from West Partners. D3 Banking offers a...
Japanese bitcoin exchange Quoine raised a $16M Series B, led by Japanese investment company Jafco. Quoine is now the 7th largest...
For the second year in a row, Quovo - a FinTech Collective portfolio company, is chosen as a finalist in the Account Aggregation...
With negative interest rates prevalent in Europe, pension fund managers have been searching for yield down the credit spectrum by moving...
Business Insider profiled Berlin startup WeltSparen (or SavingGlobal, its English-language brand), which enables consumers to move...
California-based expense reporting startup AppZen has closed a $2.9M Series Seed led by Resolute.vc, with participation from Bloomberg...
As global finance markets start dipping following Britain's vote for Brexit, the price of Bitcoin has risen to $650 (the day before...
"Bond King" Bill Gross did not mince words when warning about the potentially dire consequences of negative interest rate policies around...
As global interest rates have fallen, with $10 trillion of sovereign bonds carrying negative yields, investors are struggling to find...
Today the UK was pounded with heavy rains and heavy traffic due lines of people rushing to take part in the referendum for or against...
Israeli blockchain based startup, Colu, secured $9.6m in Series A funding by former investors - Aleph, Spark Capital, Digital Currency...
Social Finance recently completed one of the largest sales of bonds backed by consumer loans this year. Twenty eight investors...
For a $500 fee, an aspiring entrepreneur can get the paperwork needed to incorporate in Delaware, a business account with Silicon Valley...
Circle Internet Financial raised $60 million in a funding round backed by Baidu Inc. as the startup that allows users to send payments...
The Travelers Companies announced that it will offer property and casualty insurance directly to UK small businesses with fewer than 10...
America seems to be going through a positive shift - with the lowest level of subprime credit scores in more than a decade, a decrease in...
A critical issue in the coming adoption of autonomous cars will be how liability is assessed and assigned by insurance companies....
Slower economic growth, rising non-performing loans and competition from new entrants will combine to dent regional banks’ $1tn profit...
Berlin-based mobile banking startup Number26 just raised a $40M Series B led by Horizons Ventures. With 200,000 clients, Number26 wants...
Plaid raised $44 million in a new round led by Goldman Sachs. The new funding takes the total funding to about $60M. The company’s...
A good and sensible perspective on the alternative lending space, post Lending Club by Charles Birnbaum from Bessemer. "Many great...
California-based consumer reporting agency Trooly has secured $10M in Series A funding, led by Bain Capital Ventures and Milliways...
Portfolio Company, Quovo, has partnered with digital client engagement and analytics platform, Totum Wealth. The partnership will allow...
The Blockchain Trust Accelerator Initiative is intended to promote two major issues - One is the gap between governments, technologist...
A blog post by Ethereum founder Vitalik Buterin announced on Friday that an attack had been found and exploited in the DAO, and that the...
India-based tax software startup ClearTax raised a $12M Series A from SAIF Partners. Backers in its Series Seed financing, executed...
Uber may be turning to the leveraged-loan market for the first time to fuel global expansion. Uber has hired Morgan Stanley,...
While wealth managers’ average clients are currently aged in their late 50s, 81% of managers say they are trying to attract much younger...
The punchline was that fees on the plan (for 35 employees) would add up to over $1 million in the first 30 years. He then went on to say...
Fair Isaac Corp, known for its FICO consumer-credit scores, acquired Ann Arbor-based cyber-security startup QuadMetrics. The terms...
Uber's subprime leasing program Xchange is intended to fuel the company's growth by expanding the pool of new drivers. Bloomberg...
Costa Mesa CA based online lender Payoff has raised $46.7M as part of a round expected to close at $67.4M. The company had...
Insurance Journal recently profiled Fintech Collective portfolio company Embroker and interviewed its CEO, Matt Miller. Miller...
FinTech Collective portfolio company, Wunder Capital, launched its third financing product for commercial solar PV projects - Wunder Term...
California based fintech startup Payoff secured $46.7m in Series C funding. The startup helps millennials pay off their credit card debt,...
Sapiens, an Israeli financial software provider, announced that it has agreed to acquire Florida-based property and casualty insurance...
New York-based investment firm, BlackRock has now put a stake in Uber's Chinese rival Didi Chuxing in it's recent $7.2b round. This comes...
Microsoft is joining an array of recent fintech startups that have the vision of blockchain as a service, or BAAS. The company has...
The Bank of Canada is developing the digital currency version of its Canadian dollar, called the CAD-Coin. The initiative is intended to...
Toronto-based health benefits startup LEAGUE secured a $25M Series A led by OMERS Ventures. LEAGUE is focused on streamlining the...
Whilst the convenience of credit cards mean that payment disruption in developed markets may occur at a snail's pace, some believe that...
Eric Ries, an entrepreneur and author of 'The Lean Startup,' is building a "long term stock exchange" (LTSE) designed to reward long-term...
Uber recently began offering sub-prime auto loans to drivers, with lease payments being extracted directly from drivers' earnings....
The policy (issued by broker Adrian Flux) is designed for consumers who already have driverless features in their cars, such as...
Cell phone manufacturer Xiaomi, has invested US$115M in founding a new bank that will offer online financial services to young people and...
The Shanghai Insurance Exchange was launched on Sunday. It is China's first insurance asset trading platform and will boost transparency...
Berlin-based fintech company builder, FinLeap, secured EURO 21m in new funding from investors such as HitFox Group and insurance company...
Joining the trend of former bankers to know fintech entrepreneurs, is Paul Richards - former executive at Bank of America Corp., where he...
Is loan "stacking" the blind spot of the online lending industry? Reuters reports that online lenders are failing to detect multiple...
Bill Ullman, former Merrill investment banker and fintech startup advisor, has been named the Chief Commercial Officer of Orchard. In his...
21, a San Francisco-based startup dedicated to helping developers integrate Bitcoin into apps, announced that it is open sourcing its...
White House officials recently met with fintech industry leaders, investors, and regulators at the Fintech Summit. The event focused on...
Investors looking for companies with positive social impact are also looking to maximize returns. Business Insider interviewed FinTech...
At the CB Insights "Future of Fintech" conference, Embroker CEO Matt Miller and Openfolio CEO Hart Lambur shared their vision for their...
Dan O'Malley, head of the innovation lab at Eastern Bank, is blazing a path towards product innovation that should be the model for other...
InvestmentNews believes the DOL's fiduciary rule is going to force asset managers to buy or partner with a robo. Rob Foregger, co-founder...
Bloomberg and Thomson Reuters look vulnerable as Wall Street focuses on the bottom line. Does this provide an opportunity for the lower...
AutoFi, an online point-of-sale financing solution recently announced that it raised $17 million in new financing led by Crosslink Capital.
Singerman explained AutoFi is “re-imagining” the auto finance experience with a simple, transparent way to find affordable financing...…
Are you any good at investing? Is your financial advisor doing well for you? These questions were pretty hard to answer...
A Cincinnati startup that mines construction permit data has shifted its business model and changed its name to Datarole. The firm now...
Tenant Assured scrapes your Facebook, LinkedIn, Twitter and/or Instagram profiles, including entire conversation threads and private...
This week, Ant Financial acquired a $38M stake in Shanghai Suntime, a data provider tracking Chinese hedge funds. It's money market fund...
You read that correctly. Fintech startups are trying to get regulators, like the Office of the Comptroller of the Currency, to build...
With our focus this week on alternatives to going public, and with Renaud Laplanche potentially engaging in a (ex) Management Buy Out, we...
With IPOs not as attractive (or necessary) as they used to be, and the unicorn club getting ever busier, where do companies go for...
No 'decacorn' founded after 2007 has gone public. Nearly half of the worlds tech unicorns today are private. Those unicorns that have...
To IPO or not to IPO, is that the question? Whilst staying private has been the focus of numerous high growth companies, perhaps it is a...
Controversy just can't seem to leave LendingClub alone. With talks of a potential private takeover by founder and former CEO Renaud...
London based cashflow management solution for SMEs raised a £1.6m venture round, coupled with a £3m credit line, both from investor ESF...
Perth based provider of consumer financing plans for online shopping raised $20.6m in equity capital through an institutional placement...
London based pension auto-enrolment platform raised the amount from a series of individual investors.
Smart Pension has signed up 8,500...
Tallinn based provider of SaaS solution for insurance brokers raised the amount from a series of angels based in the UK, USA, Estonia,...
Netherlands-based working capital financing startup InvoiceFactor raised € 3.4M of seed financing, led by Peak Capital with participation...
In this hysterical bit, John Oliver does an expose on the unscrupulous practices of the vulture debt collection industry. To top it off,...
San Francisco-based invoicing startup Tradeshift raised $75M of Series D financing, led by Data Collective with participation from fellow...
We've all been hearing for over a year now that the liquidity and depth within the bond market is dissipating----banks are not as willing...
At a time when the market provides low bond yields, it's no surprise that asset manager will want to provide their customers with...
Mumbai-based credit score startup CreditVidya has raised $2m of Series A financing, led by Kalaari Capital. The company's platform...
E-Trade recently rolled out a new service callAdaptive Portfolio, which is aimed at young professionals and designed to compete with...
Greenbot interviews Chris Growe, the CEO of FinTech portfolio company American Prison Data Systems, and recounts his vision to bring...
Reuters has reported that ousted LendingClub CEO and co-founder Renaud Laplanche has been speaking to PE firms and banks about a...
If you truly believe in the power and accuracy of your P2P lending algorithm shouldn't you be willing to take a first-loss position?...
CNBC recounts the trials and tribulations of Uber's entrance into the $1tn auto-loan financing marketing since its creation of Xchange...
Knights of the roundtable - start lending!? Last year online lender On Deck and financial services software firm Intuit, announced that...
MIT Media Lab and Learning Machine just rolled out an open sourced platform for the creation and sharing of blockchain-based educational...
Vouch Financial, a San Francisco based online lender founded in 2013, will be closing its doors. In order to obtain a loan on...
In February of this year, instructions to steal nearly $1b from Bangladesh Bank were issued via the SWIFT network. Reuters recently...
San Francisco based insurance startup Bunker has raised $2m in Series Seed financing, led by Comcast Ventures and Route-66 with...
Austin based retail POS lender Vyze raised $13m of Series B financing, led by Austin Ventures and StarVest Partners. Total capital raised...
Bernard Moon, Techcrunch contributor and SparkLabs Global venture investor, believes that fintech companies are playing the long game....
Another year, another extensive Internet Trends Report by Mary Meeker of KPCB. This year, one of the main focuses is the re-imagination...
The venture will offer pricing and servicing using predictive analytics and an easy-to-use customer interface, according to the founders.
Two Sigma will also develop specialized asset allocation products for the unique characteristics of insurance investment portfolios. ...…
FinTech Collective portfolio company, Openfolio, launched partnership with Fidelity to provide its Social Benchmarks as part of the...
Openfolio CEO Hart Lambur went on CNBC to shed light on the advantages of having an investor portfolio based benchmark as oppose to...
The auto-loan market has always been known as one of the "safer" ABS markets given the historically low default rates---industry insiders...
CEO of Embroker, Matt Miller, provides his insights into what's to come in the next 12 months for insurance. His main predictions revolve...
San Francisco based personal savings management company Digit has raised $22.5m of Series B financing, led by Ribbit Capital. The company...
This piece in Forbes discusses how Reorg Research, a FinTech Collective portfolio company, is filling the void left by shrinking...
James Waldinger, CEO of Artivest (a FinTech Collective portfolio company) comments on why he doesn't think that the growth of automated...
With asset managers and exchanges already worrying about their jobs, divorce lawyers could be next in line.
As if any further was...
In a 40 page report (abridged summary here), Vitalik Buterin - the inventor of Ethereum - talks about scalability, privacy and smart...
Los Angeles based provider of document management and workflow solutions for broker-dealers and financial advisers raised the amount from...
Cambridge, UK based fraud prevention startup raised the amount to build out its machine learning-driven fraud detection platform.
New York based automated financial concierge service raised $2.5m from undisclosed investors to provide an intelligent interface that...
Singapore based provider of on-demand investment research raised the amount to create a platform (akin to Spotify) where investors pay an...
Singapore based instant credit startup raised an undisclosed amount to build out its credit scoring and digital lending businesses. The...
Jakarta based P2P lender raised an undisclosed amount from Kejora.
Investree last raised $500k to develop its platform.
“Partnership with Kejora will bring in growth capital, and also potential collaboration among ecosystem. The new funding will be used for...…
Though still a cool billion short of ANT Financial's $4.5b Series B in April, Saudi Arabia's Public Investment Fund's $3.5b investment in...
Sweden is often (and incorrectly) proclaimed as the first cashless society. Yet it is still moving towards a state where cash is
Asset managers like certain things about blockchain: the reduction of the burden of post-trade clearing and settlement and KYC amongst...
Last month Coinbase announced that it would start support the trading of Ethers (Ethereum's digital currency) on its platform.
On...
As an open-ended corporation that is continuously accepting shareholders, the DAO (see our other post on the DAO if you don't know what...
The Decentralized Autonomous Organization ('DAO') is a fully decentralized and autonomous corporation where shareholders, who buy DAO...
Scott Walchek, CEO and founder of Trōv will launch in Australia before the US and the UK for 3 reasons: A solid launch partner, 1...
Computing is evolving from a mobile-first model to an artificial intelligence-first world hosted in the cloud. “Just about every decade a...
A former Marsh actuary who launched a P2P insurance company in New Zealand called PeerCover has admitted it's failed and provides...
The 6 largest U.S. banks spent $70.2 billion in 2013 on regulatory compliance, up from $34.7 billion in 2007. A growing army of rule...
Hopefully you won't be seeing as many junior bankers nodding off on your subway commute. UBS is following in the footsteps of fellow...
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