Tesla enters car insurance business as self-driving cars prepare to disrupt the industry
Tesla is entering the car insurance business in Australia and Hong Kong. The new program is calledInsureMyTeslaand it features...
Tesla is entering the car insurance business in Australia and Hong Kong. The new program is calledInsureMyTeslaand it features...
GS is expanding the reach of its automated bond trading program, labeled "GSA" for Goldman Sachs Algorithm, that is offering to buy and...
In the first of a five-part series, The Times ponders whether London can hold on to its pole position as Europe’s capital of finance. The...
Boasting the fifth largest largest pension asset pool in the world, Fintech Australia believes fintech statups can benefit from providing...
Square has announced that it will be collaborating with Vend and TouchBistro, who will be offering their restaurant and retail clients...
Together with Insurtech, blockchain is now one of the leading investment sectors in fintech. In 2015, half of all the fintech dollars...
New York based working capital financing startup Behalf has raised $27m in Series C financing, led by Viola Growth with participation...
India based digital-payments and e-commerce startup Paytm is raising $300 million in a funding round led by Taiwan’s MediaTek Inc....
Japan based HR automation service SmartHR raised a $4.9m Series A, led by World Innovation Lab (WiL) with Beenext and 500 Startups Japan...
India-based online lender Loantap secured a $3m Series A, led by angels Abhishek Pandey and Jaysukh Sapra.
Headquartered in Mumbai with the Back Office in Pune, LoanTap follows an agency-based collection model catering to the low-delinquency...…
The Department of Homeland Security has released its proposed International Entrepreneur Rule, which would allow certain international...
Startups were set to face a great reckoning in 2016. Yet the crash hasn't happened, and many startups have adjusted by containing...
The popular German digital startup has agreed to be acquired by Groupe BPCE, the second-largest French bank. BPCE says the...
The OCC is examining its legal authority to offer limited-purpose charters to fintech firms.
"The OCC traditionally charters full-service institutions — those that have deposit insurance," Comptroller of the Currency Thomas Curry...…
Shanghai based real estate financing company Momfo has secured a $14.3 Million Series A funding led by Gobi Partners and Kaitai Capital....
Mumbai based tech-enabled lender InCred Finance has secured $75m in venture funding led by Anshu Jain, former co-CEO of Deutsche Bank....
Singapore based electronic transaction processing company MC Payment raised a $4.5m Series B led by ESW Manage. According to the company,...
Tuesday's new home sales is the latest in a series of data points that have returned to pre-crisis levels. Bloomberg asks: so where's the...
New York based online direct lender Fundation has raised $100m in debt financing from Goldman Sachs. Fundation is an alternative lender...
Reykjavik based personal finance software provider Meniga has raised €7.3m in venture funding led by Frumtak Ventures and Velocity...
Sydney based robo-advisor Ignition Wealth has raised $1m from financial planning pioneer investor Barry Lambert. Ignition Wealth...
Palo Alto based financial services startup SelfScore has raised $7.1m in Series B financing led by Pelion Venture Partners. SelfScore...
Circle Internet Financial, a digital payments company that has raised $136m in equity funding, is seeking a bank charter from federal...
An ex-Google engineer and his wife, a former Wall street banker, moved to Kansas and acquired 124-year-old CBW Bank, the only financial...
UBS is leading a group of four banks developing a system to enable financial markets to make payments and settle transactions using...
Betterment has announced that it will provide Uber drivers with individual retirement accounts. The accounts will be free for the...
Connecticut based analytics and insurance marketplace RiskMatch has raised $3m in seed funding led by Lightbank. The company is the...
Singapore based alternative payments startup Coda Payments has raised $2m in new funding from previous investors GMO Global Payment Fund,...
New York based commercial real estate crowdfunding platform iFunding has secured $1.95m in venture funding from undisclosed investors....
Business Insider surveyed the brightest minds in fintech, including CTOs at industry giants, startup founders, and venture capitalists....
FinTech Collective portfolio company, MoneyLion, is helping users on its mobile-first personal finance platform to gain a clearer picture...
San Francisco based nonprime online lender LendUp has raised a $47.5m Series C round, led by Y Combinator. Valuation on the round was...
Leading insurers are retooling the role of their risk function from incident response and compliance to an essential partner in advancing...
Mondo, Atom Bank, Starling, and Number26 have all recently obtained U.K. banking licenses. Though these startups hope to control...
Last month the FDIC released guidelines stipulating that online lenders funded by banks may receive increased regulatory attention....
China based personal investment startup Lancai has raised $27m in Series B funding led by LeEco. This is the first investment in a...
California based social investing site Instavest secured $1.7m in seed funding from backers Y Combinator, Jaan Tallinn and Cherubic...
Los Angeles based online lender Camino Financial has raised $2m in venture funding led by Collaborative Fund. Camino Financial advises...
A Lending Club fan who created a research firm to independently rate Lending Club's loans discusses how he unearthed unusual...
A recent TD Ameritrade survey indicates that millennials may have better habits in terms of budgeting, saving, seeking professional...
According to a recent survey conducted by Schwab, the top three sources of financial stress for millennials are saving money for...
New York - based investment advisory startup Stash has secured $9.25m in Series A funding led by Goodwater Capital and Valar Ventures....
San Francisco - based home financing startup Clara Lending has raised $27m in venture funding from undisclosed investors. Clara combines...
Miami-based SaaS banking platform Nymbus completed a $12m funding round this week, led by Vensure Enterprises. Nymbus offers a holistic...
Dublin - based consumer finance app developer Rubicoin has raised €1.2m in venture funding from backers Enterprise Ireland and Motley...
California-based non-bank residential lender LoanDepot has secured $150m in term debt financing from undisclosed investors. The company...
The company has integrated with SME accounting platform Xeroto allow small business users to use PayPal to pay the invoices generated on...
Mumbai-based micro-finance startup Suryoday Micro Finance has completed a $15m venture funding round. The round's four investors include...
There is a growing list of apps that collect smartphone GPS, accelerometer, and gyroscope data to determine how safely you drive....
Helsinki-based automated invoicing and accounting startup Zervant has closed a €4m Series A, led by Conor Venture Partners and Northzone.
The company, which has raised over €8M to date, intends to use the funds to further boost its international expansion and add new...…
DBS Bank, the largest bank in Southeast Asia, announced that they will be giving consumers Kasisto’s AI-powered smart bots that can carry...
IEX, a private trading venue designed to prevent high frequency traders from scalping, will officially launch as a stock exchange on...
With no sign-up costs or monthly fees, the platform enables companies to conduct cross-border transfers via the TransferWise's network of...
Most LIDAR (Light detection and ranging) systems cost $70k and sit conspicuously on the roof of autonomous vehicles. MIT’s Photonic...
TruMid, the electronic trading platform for corporate bonds has now traded over $1 billion since its revamp just over a month ago. The...
An excellent piece of analysis from Nathanial Popper at the NY Times on recent data from the Federal Reserve that indicates the % of...
Both investors and companies now talk of a conspicuous cooling of sentiment , amid fears that the funding rush, that was powered in part...
Berlin-based startup HeavenHR, a cloud-based HR management platform for SMEs, has closed €6 million in Series A funding from Target...
Alabama is one of a handful of states testing out a new tablet-based educational platform created by FinTech portfolio company, American...
TechCrunch believes a confluence of factors puts China at the fintech forefront: economic advancement, investor behavior, mobile, big...
There are three types of alternative lenders----balance sheet, marketplace, and hybrid. Rob Frohwein, CEO at Kabbage, and Ron Suber,...
Private companies such as Airbnb, Pinterest and SpaceX are increasingly giving employees some controlled opportunities to sell their...
The announcement that Chief Financial Officer Carrie Dolan was departing came as the company reported a second-quarter loss of $81.4...
Mondo’s regulatory approval comes soon after digital rivals Starling and Tandem received the green light to launch. The Competition and...
Eight of the largest U.S. banks, including J.P. Morgan, Bank of America and Goldman Sachs, are forming a group that seeks to tackle the...
Intuit and Etsy are partnering so customers can manage their businesses through QuickBooks Self-Employed. This new initiative...
India - based micro lender, Fusion Microfinance, has raised Rs 162 crore (about $24m) in Series D funding led by US-based private equity...
Portfolio company American Prison Data Systems is using tablets to build a digital bridge between schools behind bars and schools on a...
AXA Singapore has introduced a new mobile app, MyAXAHealth, to provide customers with access to general practitioners via live call or...
Progressive Insurance's mobile app now enables consumers to obtain auto insurance quotes by entering their zip code and taking a picture...
The idea of the liability shift for CC fraud was to incentivize retailers to upgrade their equipment without forcing them to do so. But...
National Venture Capital Association President, Bobby Franklin, believes that doubling the tax rate on carried interest for venture...
Goldman Sachs, Morgan Stanley, and JP Morgan are part of a group of banks asking the U.S. Federal Reserve for a five year grace period to...
California-based B2B payment network Finexio received a $1m Series Seed, led by James R. Heistand with participation from Loeb.nyc....
Singapore-based marketplace lender Funding Societies raised $10m in Series A funding, led by Sequoia India. To date, the platform has...
Munich-based financial data analytics startup FintecSystems raised an undisclosed amount of Series A funding, led by LittleRock and...
Florida-based Finova Financial scored $52.5m in a combined equity and credit facility funding, led by Silicon Valley and international...
Global investment manager Nuveen has engaged portfolio company Artivest to develop a new alternatives service offering aimed at RIAs,...
The founding story of Boulder, Colorado portfolio company Wunder Capital is explained in full in this terrific article in Entrepreneur.
Using algorithms, Boulder-headquartered Wunder Capital automates the process of lending out funds for solar installations with money from...…
UK based robo advisor Wealthify has launched a £1m crowdfunding campaign on Seedrs. The startup will use the capital to support the next...
So are we swiping or are we inserting the chip? The NYT highlights some of the visceral reactions and confusion created among consumers...
The new process of buying something in a store these days: 1. Swipe card, 2. Get scolded by cashier to use the chip reader,...
Singapore based mPOS service provider has raised a $2m Series Seed financing led by M1 Limited. The company's Octopus Retail Solution...
China based online third-party insurance provider has raised $31m of Series B financing, led by a number of unconfirmed Chinese...
Copenhagen based blockchain currency service provider raised a $4m Series A, led by SEB Venture Capital. Coinify currently supports 15...
Among companies with 100 or fewer employees, only 14% sponsor a retirement plan. The Wall Street Journal highlights the fresh batch of...
In this op-ed, Jamie Dimon discusses issues of wage stagnation and social mobility, and how the bank is trying to do its part for its...
Bloomberg's Matt Levine discusses whether or not higher capital constraints, a talent drain, and new business models have tamed the...
The millennial generation’s distrust of markets and banks is statistically pervasive and replicated across multiple studies. Most...
At both the Democratic and Republican conventions, the nation’s biggest banks were cast as the bad guys and criticized for being too big...
IBM will try and eat its owmn dogfood with an implementation that it hopes will free some of the $100 million in capital tied up at any...
Land registries in developing nations have long been a source of conflict and corruption, with little legal recourse for those whose land...
Since 1900, 14 hurricanes have made landfall in the northeast, 5 at Category 3. In coastal counties of the northeast, $5.3trillion of...
Great Quartz article on why EMV has been a disaster in the US. Some retailers ask you to insert the chip into the card reader, instead of...
Apliant is a software-as-a-service platform that aims to help traditional insurance agencies and carriers expand into new markets and...
The quiet reshuffling of the lending industry following the 2008 credit crisis has seen Insurers emerge as the new financial supermarkets...
CNBC reports that 90% of ordinary investors made money in stocks as the S&P 500 hit a record high in July, citing data from our...
Zurich Insurance has partnered with smart-home startup Cocoon to provide smart home technology in the UK. Cocoon uses unique...
AXA has announced a partnership with Alibaba and its financial arm, Ant Financial. AXA plans to market warranty and payment...
The largest US dollar denomited exchange, Bitfinex, has halted trading, withdrawals and deposits after hackers stole $65m of the digital...
Berlin based insurance robo-advisor has raised €13.2m of Series A funding, with participation from FinLeap and Axel Springer. Since the...
MoneyGram, the second largest global remittance provider, revised its revenue goals downward for the year but is hoping a revamped...
11% of total VC funding in Southeast Asia, approximately $345m, was invested in fintech startups. With the majority of investment skewed...
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