Quovo raises $10m, enters big leagues
One of wealth management's leading trade publications, RIABiz, has featured Quovo and it's "second mover advantage." As described...
One of wealth management's leading trade publications, RIABiz, has featured Quovo and it's "second mover advantage." As described...
According to the National Highway Traffic Safety Administration (NHTSA), crash rates for Tesla vehicles have dropped by 40% since...
The startup's founders, who come out of Betterment, are on a mission to reform title insurance to make it easier, faster, and cheaper to...
Coinbase was dragged offline this week by the massive increase in traffic and crypto interest. Users were unable to trade and often...
In partnership with Generation Life, Quilt is looking to simplify life insurance for digital natures with an application process that...
Activist investors are pressuring the small business lender to cut costs and turn a profit by the end of the year. This maneuver may...
Whilst Paytm announced a $1.4 billion investment by SoftBank, McKinsey reported that India's banks, which still dominate the country's...
Following a year-long experiment with R3 and Payments Canada, the Bank of Canada says that distributed ledger technology is not ready to...
Reuters digs into how cyber criminals are developing new and more complex money-laundering methods using newer techniques and unregulated...
Having raised $300 million and more than more than $500 million in debt. Opendoor has become a model for a new kind of tech upstart: Call...
Naval Ravikant from Angel List makes a good point in Forbes that "it's not clear that all of ICO's comply with U.S. securities laws or...
Former colleague athletes, whose natural career path led to them to trading floors of Wall Street are encouraging their alma mater to not...
Baltimore based in-store financing platform Blispay has raised $12m venture funding in an undisclosed round led by Accomplice, FirstMark...
Singapore based digital financial advisor StashAway has raised $2.15m in pre-Series A funding led by Francis Rozario. Founded by Michele...
Surrey, UK based mortgage robo advisor MortgageGym has raised £2m in Series Seed funding from China Pacific Capital, Trifecta Capital and...
Washington, DC based financial services startup FS card has raised $30m in venture funding from Tricadia Capital Management. Founded...
Ohio based patient financing and lending platform HealthFirst Financial has raised $70m in funding from Umpqua Bank, Columbia Bank, Opus...
San Francisco based financial security company Merlon Intelligence has raised $7.7m in Series Seed funding led by Data Collective. Merlon...
New York based omnichannel lease-to-own payment option for online and in-store shopping Zibby has raised $13.5m in an undisclosed funding...
Reuters digs into how cyber criminals are developing new and more complex money-laundering methods using newer techniques and unregulated...
San Francisco based personal finance app Long Game has raised $6.6m in Series Seed funding led by Thrive Capital and Collaborative Fund....
Philippines based blockchain-enabled mobile payments platform Coins.ph has raised a further $5m in Series A funding from Naspers Ventures...
Santa Barbara based data provider for the insurance industry Carpe Data has raised $6.6m in Series A funding led by Aquiline Technology...
New York based insurance marketplace PolicyGenius has raised $30m in Series C funding led by Norwest Venture Partners. PolicyGenius has...
Tunisia based corporate expense management platform Expensya has raised $1.1m in venture funding from undisclosed investors. Launched in...
Bangalore, India based consumer lender EzCred has raised over $1m in Series Seed funding from investors including Dheeraj Pandey, CEO of...
Citigroup's Banamex pays the fine to resolve a DOJ investigation into the bank's AML failures related to money transfers between the U.S....
Only 9 years in the making since the 2008 peak.....total U.S. household debt rose by $149b in the first three months of 2017, reaching a...
RIABiz highlights how the acquisition will deepen Addepar's capabilities in data and analytics for alternatives (HF, PE, VC, and RE)....
Bloomberg sits down with credit expert and NerdWallet contributor Liz Weston on how to improve that three digit number that shapes your...
InvestmentNews finds that attrition, cuts in training programs at wirehouse programs, and new competition from hybrid-robos are making it...
While Jamie Dimon has long derided digital currencies, JPM has teamed up with the creators of one of the most prominent "altcoins",...
On Wednesday, DC Circuit Court judges will hear arguments over the constitutionality of the Consumer Financial Protection Bureau (CFPB)....
Octane Lending is off to the races, quickly closing a Series A-2 funding round led by Third Prime Capital.
To date, Octane Lending has raised $12 million. Most recently, the New York, N.Y.-based company closed a Series A-1 round in September...…
Hubbard Powersports is experiencing a $50,000 boost in monthly loan approvals, after partnering withRoadrunner Financialseven...
The WannaCry virus locked up computers in car factories, hospitals, shops and schools, demanding ransom be paid in bitcoin in order for...
Boston based mobile payments company LevelUp has announced a $50m funding round, including $37m in equity funding led by JP Morgan and...
Jakarta, Indonesia based P2P lending platform Taralite has secured $6.3m in venture funding from SBI Group. Launched in 2015 and led by...
San Francisco based social impact investing platform OpenInvest has raised $3.25m in Series Seed funding led by Andreessen Horowitz....
Mumbai based consumer credit Platform Paysense has raised $5.3m in Series A funding led by Jungle Ventures. Focusing on consumer lending,...
India based payment arm of e-commerce giant Amazon has received $10.5m in funding from its Singapore-based arm Amazon Corporate Holdings....
Buenos Aires based payment product startup Moni has raised $3m in venture funding from the International Finance Corporation. Founded in...
Zurich, Switzerland based bank digitization company Additiv has raised $21.3m in venture funding led by BZ Bank. Additiv provides systems...
California based financial data software platform OpenGov has raised $30m in Series C funding led by the Emerson Collective. OpenGov...
California based social payments app Verse has raised $20.5m in Series B funding led by Spark Capital. Verse is a peer to peer payment...
Hong Kong based SME lender Qupital has raised $2m in Series Seed funding led by MindWorks Ventures and Alibaba Entrepreneurs Fund....
China based financial management platform Wacai has raised $42m in an undisclosed funding round led by China Development Bank Capital....
New York based AI - curated financial news service Accern has raised $1.2m in Series Seed funding from investors 26 Venture, Affinity...
Singapore based online payment API provider Telr has raised $3m in Series B funding led by Innovations East fund. Telr offers a set of...
Is it akin to joining a club a year or two before other people want in or are Initial coin offerings (ICO's) the proverbial next big...
Mr Fink has a goal that Aladdin and the wider BlackRock solutions business will account for about 30% of revenues in 5yrs, compared with...
While there was a marked slowdown in overall venture funding for Brazil in 2016, the latest crop of startups such as Guia Bolso and...
New TransUnion study finds struggling consumers who possess multiple credit products (auto, mortgage, student) tend to pay their...
San Francsico based insuretech company bunker has raised $6m in Series A funding led by Omidyar Network. Founded in 2015 and led by...
San Jose, CA based developer of applications and platforms for digital currencies Peernova has raised $7m in Series A funding from...
SoFi wants to go a step beyond just being another roboadvisor and will offer access to non-commissioned, licensed financial advisors that...
The largest record keeper is creating some confusion by forcing fiduciary status at a point in time, specifically the initial fund...
American Banker sits down with Brendan Dickinson, partner at Canaan Partners, to discuss the future of online lending (consolidation...
How is it that stocks can continuously break through to new heights daily while the country at large seemingly to new depths? On his...
The phishing emails were designed to look like they were sent by DocuSign, but word Document attachments in the emails installed malware...
Forbes interviews Scott Sanborn, CEO of Lending Club, to discuss its most recent efforts to innovate on product, technology, and...
Boston based payments platform LevelUp has raised a $50m equity round led by JP Morgan. While the company still providers mobile...
BNP Paribas apparently led the round. CEO, David Gurle, who used to sit next to us at Reuters (after Multex was acquired) will now have...
With securitization efforts being put on hold, the A16z backed startup is now looking for a buyer at ~$100m after struggling to raise new...
Mike Cagney gets some airtime with Jim Cramer on CNBC and talks about SoFi's latest foray into wealth management, life insurance, and...
Jase Wilson, Neighborly's CEO, simply describes his business as "modernizing access to public finance". FinTech Collective is excited to...
AIG will acquire Hamilton USA, the U.S. platform of Hamilton Insurance Group, for $110m. AIG has also named Brian Duperreault, the...
Jase Wilson, Neighborly's CEO, simply describes his business as "modernizing access to public finance". FinTech Collective is excited to...
More than 40k Americans were killed in a car accident in 2016, a 14 percent increase over 2014 - with mobile phone distraction being a...
He is also the latest to call Elon Musk our generation's Thomas Edison, and believes Tesla will be able to reach 5% share of the global...
Artificial intelligence is expected to erase 230,000 jobs in capital markets by 2025, according to a study published by researcher and...
Retailers are using artificial-intelligence software to set optimal prices, testing textbook theories of competition. The regulators are...
After Marathon Partners, which holds a 1.7% stake in OnDeck, slammed them for “a very risky strategy that has created a mindset of growth...
Portfolio company Axoni discusses Wall Street's most ambitious Blockchain-based project - rebuilding the Trade Information Warehouse with...
Pune, Maharashtra based lender EarlySalary has raised $4m in Series A funding led by IDG Ventures India and Dewan Housing Finance Corp....
Gurgaon based micro-lender AYE Finance has received $3m in debt funding from State Bank of India. AYE Finance lends to mirco and small...
Toronto and New York based online investor Wealthsimple has raised $37m in Series B funding led by the Power Financial Corporation. Led...
Analytics firm Point Predictive estimates that auto lenders' losses from deception may grow to $6 billion in 2017, double the $3 billion...
Above the Law discusses how portfolio company Embroker can enable law firms of all sizes to more efficiently obtain professional...
Hamburg, Germany based credit score provider Kreditech has received €110m in a financing partnership with Dutch payments company PayU....
Portfolio company Axoni and Citi have already collaborated on high-profile distributed ledger deployments, including the optimization of...
In addition to lobbying Bankers to relocate to Paris, President Macron is promising to overhaul the labor market, simplify the French tax...
French President Emmanuel Macron is apparently a crypto currency fan with photos emerging of him holding a Ledger Blue - a device for...
New York based financial technology software provider Broadway Technology has secured $42m in private equity funding from Long Ridge...
Jacksonville based banking technology company Finxact has raised $12m in Series Seed funding led by LiveOak Venture Partners. Finxact is...
Dv01 will normalize, format, and roll up securitization data received directly from SoFi for monthly level reporting. SoFi has now...
According to one hedge fund PM, it's so easy that your mom can do it. Elsen, a PaaS company that enables anyone to harness massive...
Ant Financial has reached a deal that will let its users shop at 4m U.S. merchants that are served by payment processor First Data,...
The investment bank reports that a reversal of the Fed's QE program will sap bank deposits and will set off a mad dash for retail money...
Bloomberg chronicles the story of Ismail Ahmed which includes refugee, economist, and whistle-blower before eventually starting WorldRemit.
“The last mile poses considerable risk because criminal organizations or terrorist groups like al-Shabaab in Somalia engage in fraudulent...…
Copenhagen based mobile banking app developer Lunar Way has raised $5.13m in Series Seed funding from existing investors as well as new...
Yangon, Myanmar based microfinance lender Myanmar Finance has secured a $1m debt facility from Malaysia's Maybank. MFIL is a joint...
His comments on CNBC's Closing Bell actually drew a quick response from IBM who said its AI is at the forefront of saving human lives,...
Fast Company profiles Kenneth Lin, who immigrated from China with his parents at age 4. Having raised over $386m since inception,...
Nevada based lender, broker and financial consulting firm Rising Bird Inc. has secured an $8.2m credit facility from Don Rose Oil Co. The...
The imminent departure of Thomas Curry from the OCC (at the best of Trump) may imperil the planned limited purpose fintech charter, as...
Dublin, Ireland based financial analytics firm Eagle Alpha has raised $1m in Series A funding from existing backers including the Kilduff...
Hunan, China based investment solutions provider Fumi Technology has raised $14.5m in Series A funding led by Hongdao Fund and Mobai...
Manchester, UK based cybersecurity company VST Enterprises has raised $14.73m in venture funding led by Guy Weaver and Chris Lightbody....
Sydney based robo-advisor Stockspot has raised $3m in Series B funding led by Graham Tuckwell. Stockspot is Australia’s first...
Palo Alto based online insurance platform Next Insurance has raised $29m in Series A funding led by Munich Re/HSB Ventures. Next...
California based small business financing startup Nav has raised $13m in Series B funding led by Goldman Sachs. Nav helps small business...
Boston based residential lending platform RateGravity has raised $2m in new venture funding led by Boston Syndicate. RateGravity provides...
PYMNTS.com chronicles the rise of Ant Financial from a small online lender to Chinese SMBs (Alipay) to a global interoperable financial...
SmartFinance could be soon following in China Rapid Finance's path and is consulting investment banks about a potential US listing this...
Cook said Apple also plans to put money into programs that will train "the next generation" of app developers, and he plans to announce...
Cheddar, an online business news channel that targets millennials, is set to implement traditional digital broadcasting methods in...
Municipal bond market participants were watching the show Billions this week with a mixture of fascination and horror as the show didn't...
The Harvard Business Review explores how this might all play out by exploring the glacial pace at which banks have moved SME lending...
SS7 is a protocol that makes it possible for a person in one country to send text messages to someone in another country....
With Bitfinex struggling to find an alternative to Wells Fargo for outbound US wire transfers, it has become almost impossible for...
The Chinese consumer unsecured marketplace lender has went public at a $350m valuation and 6x revenue multiple, becoming the second...
The digital payments startup has clearly been a beneficiary of Prime Minister's Modi's war on cash in India---the potential investment...
This week Bitcoin eclipsed $1,400 for the first time, while Ethereum surpassed $80 for the first time. A number of governments...
Employees at Credit Suisse, my old outfit, can now ask Amazon's Alexa some basic compliance questions. The bank hopes the...
New York based mortgage marketplace Morty has raised $3m in Series Seed funding led by Thrive Capital. Morty is on a mission to...
The service offers merchants a suite of tools for online businesses that includes an online storefront, accounting, payments processing,...
The platform will allow homebuyers to shop, compare, and close any loan option from its network of lenders. The team will initially...
RealtyBiz highlights portfolio company Reonomy, discussing its commercial real estate analytics platform. Reonomy's platform relies...
Melbourne, Australia based payments company Airwallex has raised $13m in Series A funding led by Trecent. Airwallex is a financial...
Milan based mobile payments startup Satispay has raised €14m in Series B funding from existing shareholder Iccrea Banca amongst other...
Venmo remained a highight of Paypal's earnings report, processing $6.8 billion in the first quarter of 2017 while demonstrating 114%...
Bloomberg Media and Twitter have announced that they are launching a 24/7 breaking news network that will be global, live, social and...
MasterCard, Visa, and more than 24 other financial services companies had their Internet traffic briefly routed through a Russian...
Yet, surprisingly the bank stocks rally anyway! The thesis behind it is that the pieces apart are worth more than the sum of the parts....
In a recent AICPA survey of 1,018 adults, 58% of respondents said that fake financial news is a serious threat to their financial...
After having built an unparalleled level of cash, what should the tech behemoth do with the money? Apple's investors are calling...
Bloomberg Markets highlights how the top underwriters of subprime auto bonds have scaled back their balance sheet usage for subprime auto...
The President's team hints that carried-interest, the rule that allows financial managers at PE firms to pay capital gains tax...
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