Uber rival Go-Jek drives payments push with acquisition of three fintech start-ups
Indonesia's answer to Alibaba and Tencent, ride hailing startup Go-Jek has announced that it is acquiring three startups to expand into...
Indonesia's answer to Alibaba and Tencent, ride hailing startup Go-Jek has announced that it is acquiring three startups to expand into...
WSJ profiles newer remittance FinTechs such as TransferWise, WorldRemit, and Remitly, as well as incumbents such as MoneyGram and Western...
New York based AI powered homeowners and renter's insurance startup Lemonade has raised a $120m funding round led by SoftBank.
The company began offering homeowners and renters insurance in New York in late 2016, and is now licensed by 25 states, home to...…
Bitcoin trading has begun on the Chicago Mercantile Exchange, following closely behind the Chicago Board Options exchange. Whereas...
The Board for Missouri based CRE data provider, Xceligent, has filed Chapter 7 after completing its annual strategic review. We are...
The $4.8tn asset manager is launching its blockchain, developed in partnership with CRSP and Symbiont, will enable data to move instantly...
Aaron Schumm, CEO of Vestwell, is rightfully concerned about the potential for lawmakers to limit individual 401(k) deductions as a way...
Kruze Consulting features Embroker's CEO, Matt Miller, and a robust discussion about his efforts to automate insurance for startups....
While the majority of equity and derivatives trading is no longer conducted by humans, the FT explores some of the pros (e.g. improved...
Xceligent, one of the largest commercial real-estate data firms in the U.S., has filed for chapter 7 liquidation following a year-long...
Just a brilliant article from Matt's Yale classmate - well done Ethan!
“Where do bitcoin come from? Easy: computers use a process...
Indiegogo helped take crowdfunding mainstream. Now the company is hoping it can do the same for ICOs (initial coin offerings). Indiegogo...
Sydney based financial services customer acquisition software provider Avoka has raised a $12m funding round from existing investors.
Funds raised will be used to support growth plans now underway in Australia, North America and Europe, with a focus on investment and...…
India based micro and small business lender Veritas Finance has raised a Rs 120 crore ($18.7m) Series B led by Lok Capital and CDC Group.
Veritas had raised its first institutional funding in April 2016 from Lok Fund II (Sarva Capital) and Caspian Impact Investment Adviser. ...…
New York based corporate tax software provider CrossBorder Solutions has raised a $6m Series A round led by Kennet Partners.
The founders of CrossBorder Solutions, Donald Scherer and David Bukovac, already made their mark in the New York tech community and were...…
At the all-time high of $506b at 7:40am on Wednesday, the total market cap of all cryptocurrencies exceeded the market capitalization of...
In response to the competitive threat in the payments industry from the likes of PayPal and Transferwise (and the upcoming EU second...
Japanese internet service provider GMO is introducing a system for 4,700+ employees to receive a part of their salary in Bitcoin, a move...
London based insurance analytics startup QuanTemplate has raised a £2.5m Seed Round led by Anthemis Group.
The global insurance market is worth £2.8 trillion globally, representing around 7% of global GDP. Despite spending an estimated £95...…
Stockholm based mobile POS payment provider iZettle has raised a €40m Series D at a $950m valuation led by Dawn Capital and Fourth...
Artivest has entered into a partnership with PIMCO enabling financial advisors to pool client funds into PIMCO's suite of alternative...
Industry experts from Bain Capital Ventures, General Catalyst, Menlo Ventures, and more weigh in on key fintech trends to watch in 2018....
São Paulo based online secured lending platform Creditas has raised a $50m Series C round led by Vostok Emerging Finance.
So far, the company has originated about $100 million in collateralized loans. Furio’s company charges anywhere from 17 percent to 25...…
Palo Alto based Bitcoin security platform BitGo raised a $42.5m Series B round led by Valor Equity Partners at a $42.5m valuation, up...
A major milestone in crypto occurred earlier this week - the first U.S. Bitcoin futures began trading on an exchange run by Cboe. ...
San Francisco based consumer lending company Affirm has raised a $200m funding round led by GIC at a valuation between $1.5b-$2b, from...
Diwakar Choubey, Founder and CEO of MoneyLion talks about how fintech platforms such as MoneyLion are built to focus on consumers first...
Weeks after Square rolled out crypto transactions to more users, another large retailer appears to be eying an entry into the burgeoning...
Denver based B2B digital mortgage software provider Maxwell Financial Labs has raised a $3m funding round led by Anthemis Group.
According to the Mortgage Bankers Association, the costs to originate a mortgage have skyrocketed 80% in the last 7 years. The national...…
New York based alternative asset industry technology solutions provider LUX Fund Technology and Solutions has raised a $6m Series A round...
After launching MoneyLion Plus a new solution that gives consumers ongoing access to a 5.99% APR loan plus helps them grow their savings...
Lowell Putnam, CEO of Quovo highlights 5 questions you should ask your aggregation partner including: Do you aggregate all of your data...
A thought provoking piece by the FT - Unlike any other market in the world, there are no natural sellers in bitcoin. Even the miners who...
London based mobile self-checkout startup MishiPay has raised a £1.65m Seed Round led by Nauta Capital.
The tech itself has been two years in the making and has been successfully trialled in four countries, and Khanwala says the startup is...…
NYTimes profiles Robert Schoelkopf and Quantum Circuits, as well as quantum research being conducted at Google, Microsoft, and IBM....
Bengaluru based business expense management startup Happay has raised a $10.1m Series B round led by Sequoia Capital India.
As per filings with the Ministry of Corporate Affairs (MCA), the investment was raised last month, against the allocation of 6,294...…
Toronto based crypto trading platform Coinsquare has raised a $10.5m Series A led by an undisclosed global asset manager.
goNumerical-owned Coinsquare, a Toronto-based cryptocurrency platform for buying and selling bitcoin, has raised a $10.5 million Series A...…
Santa Monica based personal finance startup Earny has raised a $9m Series A led by Mayfield with participation from Comcast Ventures.
As a leading consumer advocate service, Earny automatically gets hundreds of thousands of shoppers money back on almost every item they...…
New York based real estate platform Compass has raised a $450m funding round from SoftBank.
New York-based Compass is now valued at $2.2 billion post-money, up from $1.8 billion just four weeks ago, with $775 million raised to...…
Mumbai based mobile POS startup Mswipe has raised a $10m Series D round led by B Capital Group and DSG Consumer Partners.
Mswipe is an independent merchant acquirer and payment services provider based out of Mumbai. It makes mobile PoS (mPOS) devices for...…
What a useful tool! Thank you Index Ventures who analyzed over 4,000 option grants from more than 200 startups across the US and Europe -...
Lenders are mining data on customers’ smartphones to help assess their risk for loans in a potentially huge market. Portfolio company...
It would give The FSOC, a Dodd-Frank agency, powers that even the Obama administration thought too dangerous.
The FSOC—a council of federal financial regulators chaired by the Treasury secretary—was in many ways the heart of Dodd-Frank. The...…
Former AIG CEO Hank Greenberg, has backed a funding round for Cytora, a start-up aiming to revolutionise the industry by using artificial...
Shares in Lending Club dropped to a record low this week as it cut guidance for profits, overshadowing the company’s first investor day...
The Australian Securities Exchange is set to be the first mainstream exchange in the world to adopt a blockchain-based system as it will...
The San Francisco-based startup is discussing an investment of about $150 million. The deal would value the company at $1.5 billion,...
Uber's new credit card features higher cash back and rewards than many premium offerings from banks - and a privacy policy stating that...
In a step that brings Square closer to competing with the likes of Coinbase, the company is expanding the number of users who are...
Atlanta based merchant bitcoin payments processor BitPay has raised a $30m funding round led by Aquiline Capital Partners.
For consumers, BitPay introduced a prepaid Visa debit card in 2016 that allows users to load its balance with bitcoins from any wallet....…
London based gig economy insurance startup Zego has raised a £6m Series A led by Balderton Capital.
Unlike traditional insurance, which can work out prohibitively expensive as a proportion of income for food delivery drivers who may only...…
Aruba is working with Swiss startup Winding Tree on a blockchain solution to disintermediate travel agencies such as Expedia and...
London based money transfer startup WorldRemit has raised a $40M Series C round led by LeapFrog Investments.
This takes the company’s total funding to $220 million, including a $100 million round in early 2015 and a $45 million debt round a year...…
Morgan Stanley's hybrid robo offering is priced at a 35 bps annual fee, below Merrill's 45 bps but higher than Betterment and Wealthfront...
Forbes discusses the ways NYC has differentiated itself as a hub for insurance technology. Key advantages include the city being...
The $90m-funded digital first bank is trying to erase the divide between merging traditional banking and cryptocurrency by letting its...
With the price of BTC continuing to explode, some experimenters are choosing to buy equipment from Chinese based Bitmain to mine the...
CBOE will be the first to start trading in Bitcoin futures on December 10th, giving the venue a week of exclusivity before CME contracts...
Congrats to Chris Grewe and the APDS team for being named one of the most admired company cultures by its employees.
All week Comparably, a compensation, culture and career monitoring website, has exclusively published "Best of" lists with USA TODAY,...…
Lowell Putnam, CEO of Quovo, was featured on Folio Institutional's Expert Interview series discussing the importance of account...
Quovo has been named the "Most impressive development of 2017" by Ron Carson in a ThinkAdvisor feature on the year's biggest FinTech...
CNN recently featured portfolio company MoneyLion in a profile of tools that help people take control of their own savings. The...
Whilst the author does not recommend building 20-person boards, adding a few directors with experience in other boardrooms, who are...
The Information released a ranking of board governance practices of 30 private tech companies based on board makeup, shareholders rights,...
China based AI facial recognition firm CloudWalk Technology Co. raised a $75m Series B led by Shunwei Capital and Oriza Holdings.
China’s AI facial recognition sector has seen a flurry of investment deals recently. Less than a week ago, CloudWalk Technology’s...…
Singapore based platform for trading gold-backed digital tokens Digix raised a $1.3m seed round led by Global Brain and Fenbushi Capital.
By tokenizing gold bullion, Digix is aiming to create a cryptocurrency that can provide more stability for investors. Unlike the majority...…
California based B2B payment platform PayStand raised a $6m Series A led by BlueRun Ventures.
PayStand will use this new round of funding to scale its account receivable systems, and launch a new free accounts payable product line,...…
New York based blockchain technology provider Libra has raised a $7.8m Series A led by a family office.
“Libra’s vision is to be the premier provider of next generation accounting, audit, and tax software and data services for the blockchain...…
The deal is Uber's first e-wallet partnership in Southeast Asia, home to 600 million people, and could help the firm catch up with main...
The IRS requests cover around 10,000 Coinbase accounts with court documents noting that only 800 to 900 taxpayers reported gains related...
The U.S. Commodity Futures Trading Commission (CFTC) said it would allow the CME and CBOE, two major Chicago exchanges, to launch bitcoin...
As pointed out by Quartz, making money by running a stock exchange, is more difficult than it used to be. The investment banking industry...
In response to national regulators that are scrutinizing initial coin offerings, many blockchain entrepreneurs hoping to raise funds in...
As lending apps require users to grant them access to contacts, location, stored files, and other mobile data as part of their T&Cs,...
One of the highlights of the CoinDesk's Invest Conference was the announcement of Arrington XRP Capital, the first crypto fund that will...
Aaron Schumm, Founder & CEO of portfolio company Vestwell recently spoke with the Institute for Innovation Development about...
Naspers, the little known media and internet firm based in South Africa, is now the 65th most valuable company in the world. It's...
Finance pros fluent the language of Excel's formulas, macros, and general functionality rely on the software so heavily that separating...
Royal Bank of Scotland announced it is also cutting 680 jobs and will use the savings to invest heavily in its smartphone offering, which...
The CFTC has allowed the CME and CBOE to list bitcoin exchanges by year end after they were able to show their proposed contracts and...
Coinbase has more than doubled its number of users in just 12 months, adding 300k users in the last week alone. At the...
An article about executives threatening to drop the spreadsheet software stirred up a tempest soliciting tweets like "You can have my...
Hamburg based open banking platform provider Deposit Solutions has raised a $20m funding round led by e.Ventures and Greycroft.
The new funds will be used to grow the Hamburg-based company’s Open Banking platform for savings deposits for both B2B and B2C services,...…
London based global payments marketplace APEXX has raised a $4m seed round led by Forward Partners.
The global APEXX network is made up of payment service providers and banks which helps merchants to reduce the cost of cross border...…
Jason Guss, cofounder of portfolio company Octane Lending has been recognized in Forbes Magazine's latest "30 Under 30 Finance" edition....
The cyrptocurrency trading platform for institutional investors will aim to work with exchanges, OTC venues, and fund accountants to fill...
As a free user, you can like posts.
To repost this post to your own Passle blog, you will need to upgrade your account.
For plans and pricing, please contact our sales team at sales@passle.net