Spruce Finance raises $25m in funding
San Francisco based consumer solar financing company Spruce financing has received $25m in strategic funding from HPS Investment...
San Francisco based consumer solar financing company Spruce financing has received $25m in strategic funding from HPS Investment...
New Jersey based Treasuries trading platform OpenDoor Trading has raised $10m in Series A funding from undisclosed investors. OpenDoor’s...
Tel Aviv based social banking solution provider PayKey has secured $6m in Series B funding led by MizMaa. PayKey enables payments within...
Sweden based crowdfunding platform Trine has raised €6m in Series A funding led by Gullspång Invest. Trine is a new crowdfunding platform...
Mumbai based financial marketplace for individuals and SMEs Rubique has raised $3m in a bridge round funding from undisclosed investors....
London based financial document management platform ClauseMatch has raised $1.6m in Series Seed funding led by Speedinvest. Its flagship...
London based mobile payments and consumer loyalty company Yoyo Wallet has raised £12m in Series B funding led by Metro Group. Launched in...
Anthony Jenkins at Money20/20 says bank branches will be as common as Blockbusters in about ten years time, while urging banks to keep up...
Although unclear the exact amount, the digital payments company has invested in the non-prime lender as LendUp looks to expand its...
Neighborly are providing direct access to the highly anticipated (and highly competitive, they’ll sell out fast) Los Angeles HHH bonds...
A major ransomware attack has struck Europe and the US for the second time in as many months, with serious disruption at large firms such...
Very proud to have been early investors in 7 #properfitech companies who are changing financial services for the better. Congratulations...
According to VentureBeat, high mobile penetration, geographic closeness to China and India, horizontal platforms, strong social impact,...
The startup wallet and exchange will be reimbursing losers from the temporary crash, determined to be caused by a multi-million dollar...
Bloomberg likens the process to a mountain surrounded by rising flood waters: The base is easily traded markets, such as stocks. Higher...
Bancor, a 5 month old platform designed to make it easier for users to launch their own blockchain tokens raised a record $144M within a...
Chinese stocks hit an 18-month high following MSCI’s decision to include them in its global benchmark equity index for the first time,...
A recent white paper from UBS states that Wall Street is at the precipice of a massive transfer of wealth, the likes of which has never...
Lowell Putnam, CEO and co-founder of portfolio company Quovo, discusses his thoughts on wealth management and how data and technology are...
Bryan Birsic, co-founder and CEO of portfolio company Wunder Capital, explains in this webinar the investment opportunity in the growing...
London based multi-user spending platform Soldo has raised $11m in Series A funding led by Accel. Founded by Carlo Gualandri, who...
New York based financial planning technology platform Advizr has raised $7m in Series A funding led by Franklin Templeton.
The investment group includes SEI, IA Capital and Fenway Summer, facilitated by Silver Lane Advisors. The company intends to use the...…
With the World Bank estimating that 61% of Mexican adults are without a bank account and that there are only 14 bank branches per 100,000...
According to a BlckRock Bond Manager, Americans' love of their smartphones and apps may be contributing to the sluggish pace of inflation...
London based bitcoin platform Blockchain has raised $40m in Series B funding led by Lakestar. Blockchain has been working on the most...
New Jersey based asset management platform Nuvolo has raised $10m in Series A funding led by GE Ventures. Nuvolo provides software to...
Mexico based financial services comparison platform ComparaGuru.com has raised $7m in Series A funding led by QED Investors. Founded in...
London based financial application developer Truelayer has raised $3m in Series A funding led by Anthemis Group. Truelayer has built a...
Toronto based financial document management system Hubdoc has raised $4.85m in Series Seed funding led by Round13 Capital and BCD IT...
India based mobile payment processor Mswipe has raised $31m in Series D funding led by UC-RNT Fund. Vikram Vaidyanathan, Managing...
Los Angeles based accounting software developer FloQast has raised $25m in Series B funding led by Insight Venture Partners. FloQast...
New York based SME lender Pearl Capital has raised $15m in venture funding from Chatham Capital. Pearl Capital provides innovative...
London based online consumer financier PayBreak has raised £24.5m in an undisclosed venture funding round from undisclosed investors....
Munich and London based digital investment manager Scalable Capital has raised €30m in Series B funding led by BlackRock. Founded in 2014...
The bonds issued by Lending Club are backed by $280 million in consumer loans. The transaction marks the start of LendingClub's...
Amazing infographic on the extent and reach of Jeff Bezos and his Amazon Empire.
With a fortune largely tied to his 78.9 million shares of Amazon, the net worth of Jeff Bezos continues to be on the rise. Just days...…
South China Morning Post reports the YIrendai, majority owned by CreditEase, is looking to cross-sell its nearly 1m active users with an...
By obtaining its banking license in Sweden, Klarna will be able to expand its product offering - including issuing payment cards and an...
Inc. is now chronicling the latest fundraising phenomenon, with the largest crowdfunding campaign in history now being funded through an...
The stress of stress tests may be over. Bloomberg projects that this will be the first year all US banks pass this week's Federal...
Aaron Schumm, founder and CEO of portfolio company Vestwell, has been chronicled in the latest edition of InvestmentNews' 40 under 40...
A recent federal case in Utah, SEC vs. Traffic Monsoon, shows a potential roadmap for aggressive SEC enforcement of ICOs. The SEC's...
Forbes highlights the fintech boom in Africa over the last two years. Startups accelerating the electronification of payments and...
Anti Financial, the Chinese ecommerce payment company turned financial services behemoth, is pioneering image recognition tech for...
Croudify claps back against last week's most talked about headlines about how online lenders are not verifying basic borrower...
ThinkAdvisor features portfolio company Vestwell's unique approach to better enabling financial advisors to sell 401(k) plans.
“When an advisor comes in [to a company] to talk about a retirement plan, it’s usually a brown bag lunch scenario, where the advisor...…
Atlantic magazine points out that Amazon just bought 431 upper-income, prime-location distribution nodes for everything it does! Amazon...
Bloomberg's adoption of ETC further legitimizes institutional trading of cryptocurrencies. It remains to be seen whether Bloomberg...
London, UK based technology-enabled insurance platform Gryphon Group Holdings has raised £180m in private equity funding from Leadenhall...
Charleston, South Carolina based accounting technologies company Ceterus has raised $6m in Series A funding led by Grotech Ventures....
India based app-form credit platform MoneyTap has raised $9m in Series A funding led by Sequoia Capital. MoneyTap was launched September...
Boise, Idaho bases digital insurance platform Covr Financial Technologies has raised $5m in venture funding led by Nyca Partners,...
The Pentagon, in an annual report on China’s military delivered to Congress last week, described the Chinese quantum satellite launch as...
About 39% of the U.S. rural population (23 million people) lack access to broadband internet service. The WSJ highlights how the lack of...
Sites such as GoFundMe and GiveForward have turned sympathy for Americans drowning in medical expenses into a cottage industry as many...
This article provides some insight on how portfolio company MoneyLion has brought down its Customer Acquisition Cost (CAC) to almost 25%...
What makes Zelle, a digital payments network that will allow people to send money instantly through participating banks’ mobile apps,...
Entrepreneurs are universally celebrated, but what if modern day entrepreneurship is creating ventures that do more harm than good? A...
Cash dispensers remain important for customers despite the rise of contactless cards. The value of bank notes in circulation in the UK...
Blockchain-based payments startup Circle has launched an international online money transfer service that allows people in the United...
PotCoin, a digital currency for the legal marijuana industry, plummeted a day after it sponsored Dennis Rodman's trip to North Korea....
Monitise, once a UK fintech stock with a valuation topping £1bn, has been sold for just £70m, after failing to find buyers for its latest...
SoFi, the US online lender whose CEO once promised to smash the big banks like a meteor smashed the dinosaurs, could be about to become a...
The mortgage origination process while still local and review based in nature, begins online for 9 out of 10 people today. ComScore...
With 753 cyrptocurrencies in circulation, there are now four times as many cyprtocoins as there are fiat currencies. Bloomberg...
London, UK based P2B lending platform Credit Peers has received £45M from an undisclosed European investment firm. Credit Peers says:...
London, UK based online investment platform WiseAlpha has raised £931,460 in equity crowdfunding through CrowdCube. WiseAlpha aims to be...
Mumbai, India based insurance broker Coverfox has raised $15m in Series A funding led by Transamerica Ventures. Coverfox Insurance...
The NYSE is looking to change its listing standards with a tactic called the "direct listing" - which would enable companies like Spotify...
Following the Fed rate hike of 25bps and signaling of a more accelerated unwinding of bond purchases, US Bankcorp, Deutsch Bank, Wells...
The average fees to underwrite US investment-grade bond sales fell to 0.44% this year form 0.54% in 2010, while high yield debt fees fell...
San Francisco based real estate financing startup Landed has raised $5m in Series A funding led by Chan Zuckerberg Initiative. Landed...
As online lenders have struggled with high CAC and lack of scale, many of them have turned to white-labeled LaaS solutions for banks....
After mapping out the 127 steps taken in every IPO, the investment bank is using technology to eliminate thousands of hours of tasks long...
Of the 127 discrete steps in executing an IPO, Goldman Sachs has determined approximately half can be done by computers instead of...
New York based insuretech company Sure has raised $8m in Series A funding led by IA Capital. Sure provides on demand insurance coverage...
Paris based blockchain technology company Stratumn has raised €7m in Series A funding led by Open CNP. Stratumn provides network...
CNBC reports that 70% of Americans have less than $1k in their savings accounts and 50% have nothing saved for retirement....
India based online lending platform Lendingkart has raised $7.8m in debt financing from Yes Bank. Founded in 2014 by Harshvardhan...
The changes, released Monday evening by the Treasury Department, urge federal agencies to make bank stress test bi-annual rather than...
Notion, the complete home awareness solution powered by an all-in-one IoT smart home sensor, today announced that it has secured $10...
Anders Holch Povlsen, owner of Danish fashion retailer Bestseller, is buying a 10 percent+ stake of Klarna at a $2.25billion valuation.
Klarna enables payments on third-party websites and apps, with flexible purchasing options such as paying upon delivery or over time (it...…
Concerned about the extent of forthcoming regulation designed to make it easier for customers to switch current accounts, Atom Bank CEO...
In-person mobile payments, including "invisible transactions" like your Uber ride, are expected to grow from $9.9 billion in 2015 to...
John Wanamaker, a Quaker shopkeeper in Philadelphia, revolutionized the retail industry in 1861 by introducing fixed price tags for his...
300,000 equity investors got wiped out this week when Banco Santander paid 1 euro for Banco Popular, a Spanish lender that burnt through...
When iOS 11 goes live this fall users will be able to send money to their friends via iMessage, and spend the balance via a virtual Apple...
Denmark based cryptocurrency trading startup OpenLedger has raised $1.6m in Series Seed funding led by undisclosed investors. The...
Charlotte, NC based investment technology company DealCloud has raised $4.5m in venture funding led by Cultivation Capital FinTech and...
California based credit card startup Fuze Card has raised $1.2m in equity crowdfunding. Fuze Card is an all in one 'smart' card that can...
Singapore based financial comparison portal MoneySmart has raised $10m in Series B funding led by Kakaku. Moneysmart helps users compare...
London, UK based pension advisor platform Smart Pension has raised £15m in Series B funding led by Norway's Stensrud Family. Launched in...
Kent, UK based social enterprise bank Charity Bank has raised £2.5m in venture funding from Big Society Capital. Charity Bank is an...
California based investment management platform Addepar has raised $140m in Series D funding led by 8VC, Harald McPike and Valor Equity...
As policymakers seeks to adapt alongside the warp speed of fintech, the OCC has released a new statement that addresses marketplace...
Matt Miller, CEO of FinTech Collective portfolio company Embroker, has announced in a blog post the transition of customers from...
Many people don't know it but Amazon Lending offers short-term business loans that range from $1k to $750k, mostly to those that use...
Paris based investment management platform FundShop has raised €2.2m in Series A funding led by Apicil. FundShop is a web-based financial...
Charlotte, North Carolina-based provider of accounts payable and payment automation solutions AvidXchange has raised $300m in private...
Polybius is a proposed blockchain-based digital bank which raised $11m last week via an ICO. The FT provides some interesting nuggets...
Economist José Azar argues in his new research paper that mutual funds can reduce market competition and raise prices for consumers. He...
As Aaron Schumm, CEO of portfolio company Vestwell, describes, "Forward-thinking shops have already moved to spiritually fulfil their...
Bloomberg reviews the research behind the Department of Labor's fiduciary rule, which was designed to help Americans avoid $17b in excess...
Stockholm based e-commerce payment solutions provider Klarna has announced that Brightfolk will be buying 10% of the company from...
New York based real estate investment startup Cadre has raised $65m in Series C funding led by Andreessen Horowitz. Cadre aims to make it...
Medium post by Brian Armstrong, CEO and co-founder at Coinbase provides insight into the path the company is taking to creating a truly...
Alipay, originally launched in 2004 as an escrow-based online payments method for Alibaba consumers, has become massive online financial...
Portfolio company Vestwell was profiled this week by Wealthmanagemement.com and touted as a revolution for advisors selling retirement...
Alibaba, Tencent, and Didi have global ambitions and are making significant inroads into the land grab for SE Asia, an area with double...
Portfolio company Axoni has been awarded the Derivative Industry Initiative of the Year Award for 2017. The award from GlobalCapital...
Alipay, owned by Jack Ma's Anti Financial, will now enable its users to shop with 4 million U.S. merchants served by payments processor...
Bloomberg reviews the winner-takes-all nature of the Chinese tech scene, with companies such as Alibaba, Tencent, and Didi spending...
San Francisco based web browser platform Brave has raised $35m through an initial coin offering crowdfunding campaign. The funding was...
London based peer-to-peer lender Zopa has raised £32m in Series E funding led by Northzone and Wadhawan Global Capital. Zopa is a...
The speed bump is intended to thwart high frequency traders who might "scalp" your order by purchasing a security milliseconds before...
Poland based digital lending platform FinAi has raised €1.1m in Series Seed funding led by FIDIASZ. The companyis creating a...
In conjuction with the rebranding and relaunch of the ML app, Dee Choubey (CEO of portfolio company MoneyLion) has a stellar Medium post...
PYMNTS.com reports merchants have landed some counterjabs in the fight against fraud, with online fraud decreasing 34.7% since Q1 2017....
Portfolio company Vestwell has announced a new hire in the form of Paul Newmann as Vice President of Sales.In this role, Newmann is...
Andrea Fuller at the WSJ asked what she thought was a simple question: How much was she paying her investment adviser in fees? What she...
Uber Freight was created after the company acquired self-driving trucking company Otto. The idea is to create a shipping network and...
A 35yr old Aussie property mogul has been ridiculed on the internet for claiming on national TV the reason Millennials aren’t buying...
The new software will prod advisers with suggestions and reminders. The man-machine fusion may also help the firm avoid paying signing...
BBVA and Bank of America, both announced new efforts to provide a rich supply of customer data to third-party companies and developers.
The experience is expected to work like this: Customers log in to the data aggregation service they use and are asked to verify or add a...…
Aviva in the UK highlight a great selection of unusual insurance claims including a wealthy customer who accidentally discharged a...
Zero-knowledge computing would let banks analyze encrypted information without revealing any secret information
The technology potentially could open up several opportunities to share data in a “secret” way by keeping it encrypted, with the express...…
Sydney, Australia based accounting software provider Practice Ignition has raised $5m in Series A funding led by Equity Venture Partners....
China based p2p lender Tuandaiwang has raised $262m in private equity funding led by China Minsheng Investment Group. Tuandaiwang...
London, UK based peer to peer lending platform RateSetter has raised £13m in venture funding led by Woodford Investment Management....
Toronto based financial management software provider Wave has raised $24m in Series D funding led by NAB Ventures. Wave makes running a...
New York based technology enabled lender Applied Data Finance has raised $6.5m in a convertible note from a combination of new and...
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