As Fortune point out, in a world without cash, we won’t even have the friction of pulling out a credit card to stand between us and...

PSD2, which is scheduled to be implemented in January 2018, will effectively end banks' monopoly on their customers' account data.  

Hangzhou, China based Blockchain startup Baoquan has raised $3.6m in angel funding led by Dingfeng Capital, Zhejiang Tsinghua...

You can gather a lot of data from a car's OBD-II port! What will they do with it? SiriusXM has apparently recently started to explore...

Basingstoke, UK based invoice finance and credit management specialist Pulse Cashflow Finance has received a £14m financing facility from...

Spotify has bought Mediachain Labs, a small Brooklyn-based company that specializes in blockchain technology. Mediachain will help...

Brooklyn based spending management platform Propel has raised $4m in Series Seed funding from investors including Andreessen Horowitz,...

Credit China FinTech and IPGL led the round and Singapore Life has applied to the Monetary Authority of Singapore (MAS) for a direct life...

Paris and California based spend management platform Ivalua has raised $70m in growth equity minority funding from KKR. Ivalua’s...

Deep thoughts from Mr. Parrish on how to stay relevant with the unrelenting advance of AI on human labour. The world is about to get a...

Hong Kong based startup analysis and investment advice patform Oddup has raised $6m in Series A funding led by The Times Group. With a...

As American Banker points out well, portfolio company Quovo now has its hand not only in wealth management and banking but also in...

Both Google and Amazon opened up access to their respective Machine Learning based speech recognition technology this week - The race to...

New lenders are giving people ways to get money from their homes, cars and even unused vacation days! An example is Point who enable...

According to the IRS, phone based tax scams conned 4,550 victims out of more than $23 million between 2013 and 2015. Why is the digital...

Berlin based insuretch startup Getsurance has raised €2m in Series Seed funding led by Picus Capital and PostFinance. Getsurance is a...

San Francisco based home equity financing startup Patch Homes has raised $1m in Series Seed funding from investors including Techstars...

USA based blockchain token MobileGo has raised $4.5m in new funding in only 4 hours of crowdfunding. MobileGo is a dual blockchain...

Wired reviews the how the wave of regulation following the financial crisis has spawned a generation of tech companies dedicated to...

Palo Alto based Stock Trading app Robinhood has raised $110m in Series C funding led by DST Global. Robinhood Financials is a stock...

The company has recently had talks with payments partners about introducing a Venmo competitor that would enable iPhone users to easily...

Aaron Schumm, CEO of portfolio company Vestwell, discusses how the $7 trillion of defined contribution retirement assets are underserved...

London, UK based mobile banking platform Pockit has raised £2.9m in Series B funding from various individual investors. Pockit aims to be...

New York based online lender CommonBond has announced a new direct student loan service to be introduced alongside their previous debt...

As Ned May from Napier Park points out beautifully"Quovo's rapid growth across multiple industry verticals underscores the strength and...

Los Angeles based robo-advisor Dave has raised $3m in Seed funding from undisclosed investors. Dave is a US-only app that predicts...

Toronto based online wealth management platform Nest Wealth has raised $6m in new funding from the National Bank of Canada. Nest Wealth...

San Francisco based payments technology company Token has secured $15.7m in Series Seed funding led by Octopus. Token’s tech is used to...

Willing to take the salary cut to be at the forefront of financial services innovation, more and more MBAs are headed into product,...

Bill Ullman, special advisor to FinTech Collective and CCO of Orchard, posts an excellent read about the current state of the consumer...

Portfolio company Vestwell's mission to make retirement plans simple and transparent for advisors has propelled its run to finalist for...

The MIT Technology Review goes on a fantastic journey through the bleeding edge of AI from Mount Sinai's Deep Patient to Google's Deep...

New York based financial advisory rollup Focus Financial Partners is going to be aquired by an investor group led by Stone Point Capital...

The 2017 FT Future of Fintech awards are upon us, highlighting that China, cyber security, artificial intelligence, blockchain technology...

Larry Fink discusses the emerging role of tech at BlackRock.  The CEO believes that its tech platforms (Aladdin, iCapital,...

The project comes out of Deutsche Bank’s innovation group and uses machine learning to reduce costs and improve accuracy as it parses...

Richard Sarkis, CEO of portfolio company Reonomy was featured in a panel this week discussing how VR technology will affect the real...

But, according to TechCrunch, it doesn’t sound as groundbreaking as the company thinks! With their Groupama Banque acquisition behind the...

Startups that can wed Germany’s software programming expertise with the country’s strengths in engineering and high-end manufacturing are...

The Initial Coin Offering (ICO) is the crypto world's latest attempt to re-create Wall Street in its own image. The theory goes that if a...

Having toppled the country’s leading hedge-fund manager, the head of the largest brokerage firm and the chairman of one of China’s Big 4...

Insurance companies will spend on average $90 million on artificial-intelligence technologies by 2020. That would place insurers in 4th...

Irish investment app platform Rubicoin has raised a further €1.4m in new funding bringing the company's funding total to over €5m....

Shanghai based credit-assessment service provider IceKredit has raised $16m in Series A funding led by China Creation Ventures. Founded...

London, UK based blockchain company Humaniq has raised $3m in funding through its Initial Coin Offering. Humaniq uses the Ethereum...

Melbourne, Australia based payments startup Assembly Payments has announced its plans to add more than 60 new team members to its ranks...

Texas based blockchain-as-a-service company Factom has raised $8m in Series A funding led by Draper Associates. Factom is a system for...

Boston based hedge fund Matrix Capital has sold a large portion of their shares in Wellington, NZ based accounting software platform...

Goldman Sachs has amassed $115b in deposits, and is now expanding its online lending platform Marcus.  The combination of low cost...

San Francisco based health insurance startup Better has raised $1.1m in Series Seed funding led by initialized capital. Better helps...

Illinois based lending platform MortgageHippo has raised $2.25 in Series Seed funding led by CMFG Ventures. MortgageHippo’s flagship...

In 2015, social payments company Tilt was worth $375m and had top notch investors that included Andreesen Horowitz.  Less than two...

Cambridge, MA based travel insurance company Freebird has secured $5m in new funding from investors General Catalyst and Accomplice....

The opening of the Washington office and the launch of Event Driven follow on the heels of Reorg's previous geographic expansion with its...

Looking to really diversify your tax advantaged assets? The California based startup BitcoinIRA.com has launched a new Ethereum IRA...

Great visualization article by InvestmentNews regarding the amount, tools, and software categories chosen by advisors for tech spend.  

Following up on our biometrics newsletter theme of a few weeks ago, customers of the British bank will soon be able to use fingerprint...

Ant Financial, Chinese giant Alibaba's financial affiliate, announced their merger with Philippines based payment platform HelloPay...

New Delhi based payments company Paytm is said to be in talks with Japan based Softbank to raise over $1bn in funding. If the deal is...

Apparently, there are still a lot of people around the world who still use Blackberries!  BBM is still huge in messaging in...

This week saw a flurry of bank earnings including JPM, Wells, and Citi that beat consensus estimates, with fixed income trading as a...

JPM, which announced in 2013 that is exited the student loan segment, has agreed to sell a $6.9b student portfolio to Navient.  U.S....

Belgium based insuretech startup Qover has raised €5.5m in Series A funding led by Anthemis. Qover provides digital insurance APIs...

Wellington, NZ cloud accounting platform Xero has secured $26.4m in Post-IPO equity from TCV. Xero is a suite of online accounting...

BanklessTimes features portfolio company MoneyLion, describing the company's use of machine learning to better understand credit risk and...

Tom Jessop, former Managing Director of Technology Business Development, will be joining Chain as President.  During his tenure at...

Stockholm based insuretch company Bima has raised $16.8m in Series D funding led by Axiata Digital. BIMA is an insurance technology firm...

Nearly 90% of the UK and European bankers surveyed believe the millennials will be using a single aggregation portal to access a variety...

IMGING is a workflow solution that consists of web and tablet-based applications that automate flight for DJI drones to collect high...

The rise of e-commerce is hollowing out suburban shopping malls and accelerating demand for warehouses that would enable same-day...

Portfolio company Tradeblock has publicly launched its index for Ethereum Classic, which will also be used as the reference rate for the...

In a week full of whisteblowing, an internal Santander memo reveals Santander charges six times more than fintech startups for...

TheFinancial Solutions Lab at CFSI is now accepting applications for its third class, with a focus this year on startups and...

Wells Fargo is being ordered by the Feds to rehire the general manager who they fired when she allegedly tipped off her bosses about the...

The bank even eventually got help from a U.S. law enforcement agency as it tried to figure out who was behind the letter---all of which...

A group of hackers rerouted all of a Brazilian bank's online customers to perfectly reconstructed fakes of the bank's websites, and...

Initial Coin Offerngs, otherwise know as token sales or ICOs, occur when a new cryptocurrency is created on a protocol such as Ethereum...

Cambridge, UK based Enterprise Investment Scheme (EIS) fund Fund Twenty8 has raised £4.5m in equity crowdfunding from 233 investors. Fund...

San Diego based simple mortgage platform Approved has raised $1m in pre-seed financing led by Social Capital and Precursor Ventures....

Suffolk, UK based SME lender Fleximize has secured £16.3m in debt financing from Hadrians Wall Capital. Fleximize works to grow British...

London based lending platform Neyber has secured £7.5m in Series B funding led by Deutsche Bank COO Henry Ritchotte. Neyber is a lending...

Philippines based online lender First Circle has raised $1.3m in venture funding led by Accion Venture Lab. First Circle lends to SME's...

Affirm's loan volume more than tripled in 2016, growing to "hundreds of millions of dollars."  The company also expanded from 100 to...

While millennials currently represent only a small percentage of total investable assets, they are still in the accumulation phase....

The national survey reveals that despite their outsized role in the U.S. economy, many SMBs lack necessary financing with over...

Lawsuits surrounding excessing fees for 401(k) plans highlight the secular trends toward transparency, low fees, and passive management...

The Amsterdam-based company saw revenue double in 2016 and expects similar results in 2017.  The company said it generated more than...

The MIT Technology Review goes on a fantastic journey through the bleeding edge of AI from Mount Sinai's Deep Patient to Google's Deep...

London based fintech solutions provider Meniga has raised €7.5m in venture funding led by Industrifonden. Meniga provides digital banking...

Netherlands based microfinance credit provider Oikocredit has raised $2.1m in venture funding from undisclosed investors. Oikocredit is a...

New York based urban P&C insurance provider has disclosed a $4m Series Seed round with participation by Ribbit, Box Group, and Social...

California based on demand insurance startup Trov has raised $45m in Series D funding led by Munich Re/HSB Ventures. Trov provides on...

Matt Turck from FirstMark reviews the Big Data and AI hype cycles, competitive landscape, and key trends to watch in 2017 and beyond.

Inc reviews the cycles of euphoria, paranoia, and depression that many entrepreneurs go through in their journey.  All entrepreneurs...

Utilizing Axoni's underlying tech, TR has demonstrated how blockchain and smart contracts can bring speed and cost advantages to the...

Quartz highlights a new study from Aalto University in Helsinki, indicating that entrepreneurs and fathers have similar cognitive...

Nearly half of J.P. Morgan's Markets platform are millennials so probably not surprising one client put through a $100 million trade on...

A theory, advanced by several industry participants, describes a feedback loop in which calm markets make selling insurance against...

Last October portfolio company Axoni announced a partnership with Thomson Reuters through which Reuters would utilize Axoni's blockchain...

Texas based consumer subprime online lender has officially IPO'd this week (after a failed attempt in 2016) at a valuation of $242.5m....

San Francisco based company discovery platform has raised $18m in Series B financing led by Mayfield.  

Cohn, the ex-Goldman exec who is now advising President Trump, said he generally favors banking going back to how it was when "firms like...

There is a simple answer. High-tech collision-prevention systems on cars help prevent crashes but cost a lot to repair!

Aussie banks had sought authorization (as a group) to access the NFC controller in iPhones. This would have enabled the banks to offer...

But the bank would rather you call it an “automated” adviser and whilst Mr. Dimon didn’t say how much money the bank had devoted to...

160M Chinese took out $173.9B of online loans in 2016 vs. $36B of online loans in the US. China is an ideal laboratory with no reliable...

Josh Brown blogs about his takeaways from the 32nd Tiburon CEO Summit, which included the growth of the RIA channel and digital advice,...

Dealbook profiles former Lending Club CEO and his new startup Upgrade, which will compete directly with Lending Club and has raised $60m...

While young people around the world are struggling to get on the property ladder, an HSBC study found that 70% of Chinese millennials...

As Mifid II approaches and firms like BlackRock cut in half how much they pay for research through trading commissions, can Street Contxt...

The UK listed fund, P2P Global Investments is reviewing its manager MW Eaglewood Europe (Marshall Wace), following ‘poor performance’....

Beijing based online credit evaluation firm Wecash has raised $80m in Series C funding led by China Merchants Innovation Investment...

Portfolio company Reorg Research, the leading provider of news and analytics for distressed debt investing, has a launched a new...

London based personal finance app oval has raised €1.2m in Series A funding backed by Gruppo Intesa SanPaolo, b-ventures, DOCOMO Digital...

Bengaluru based personal finance solutions provider Perfios has raised $6.1m in Series A funding led by Bessemer Venture Partners. The...

Istanbul based payments platform Iyzico has secured $15m in Series C financing led by Vostok Emerging Finance. Iyzico's platform allows...

Jakarta based payments platform Ayopop has raised $1m in Seed funding led by GREE Ventures. Ayopop allows users to pay a wide range of...

New York based insuretech company Wellthie has raised $5m in Series A funding led by IA Capital Group. Wellthie offers leading broker and...

The value-added tax would tax each phase of a product's value chain as well as the final sale to the consumer.  The carbon tax would...

TechCrunch is reporting that the messaging service will use UPI, a cross-bank payment system backed by the government, to enable payments...

As Betterment enters its growth stage to scale AUM, president Eli Brovernman is getting the itch to build a new technology company and...

Jetty, an insurance provider for urban dwellers, has launched today in multiple states to help consumers get into the and protect their...

Homeowners gained a collective $570 billion throughout 2016, bringing the number of homeowners with "tappable" equity up to 39.5 million....

Palo Alto based stock trading platform Robinhood looks set to become the next fintech unicorn following funding from DST Global,...