Orchard's online lending ecosystem update: "Lendscape"
Great infographic from Orchard that has changed as new lending platforms have been launched, new verticals targeted, and a growing number...
Great infographic from Orchard that has changed as new lending platforms have been launched, new verticals targeted, and a growing number...
On the heels of China's ICO ban, South Korea's financial regulator said Friday that it will not allow for fundraising through virtual...
One entrepreneur recently described Masayoshi Son as " kind of like an oracle". With his checkbook, charm and a cutthroat willingness to...
CME is ceding territory to its rival CBOE who are located a little more than half a mile away in downtown Chicago. CBOE plans to...
Research outfit Autonomous NEXT has counted 68 crypto hedge funds. Their strategies range from investing in ICOs to holding bitcoin and...
Harvey Schwartz President and Co-COO of Goldman thinks told investors this week that the firm can make $1B in extra revenue from its...
A lack of a single accepted standard, like FICO, is hampering access to credit for some 500 million potential Chinese borrowers.
That’s not good for China’s economy, as the government looks to consumer spending to provide more of the fuel for growth. And, as a rash...…
Walmart's reputation for low prices partly explains its acquisition of Jet.com, which proved to be a leader in dynamic pricing models for...
ZhongAn the online Chinese P&C insurer has sold 5.8bn policies to 460m customers over a 3yr period, an almost unfathomable sales...
Buterin and Jason Teutsch, the founder of smart contract scalability project Truebit, have penned a whitepaper detailing a system by...
The executive behind Europe’s largest buyout deal in nearly five years has hit out at the high prices Private Equity firms are having to...
A consortium of Japanese banks plan to introduce a digital currency "J Coin" ready for the 2020 Tokyo Olympics as they respond to the...
The FT's big read this week explores the return of the stock picker after a decade where Index funds have outperformed most equity managers.
But the skies are brightening. In the year to June 2017 over half of all US equity mutual funds outperformed their benchmarks, according...…
Germany based enterprise software giant SAP is reported to have purchased customer identity firm Gigya for a reported $350m. Gigya today...
Vancouver based financial management app Koho has raised $8m in new venture funding led by Portag3 Ventures. Koho is behind a smart...
Columbus based lender Roadrunner Financial, which is managed by portfolio company Octane Lending, has announced its national expansion...
San Francisco based investment advisor Stockpile has raised $30m in Series B funding from investors including Mayfield, Arbor Ventures,...
San Francisco based fee-less mobile bank Chime has raised $18m in Series B funding led by Cathay Innovation. Without monthly fees or...
Geneva based cryptocurrency investment vehicle AICoin has raised $3m through an initial coin offering. AICoin works as a collective...
London digital banking company Cashplus has raised £30m in debt financing from the Royal Bank of Scotland. Cashplus offers digital and...
Gas stations are beginning to incorporate deep learning to set the price of gas, often a dozen different times per day, by predicting how...
San Francisco based Health Savings Account (HSA) platform Lively has raised $4.2m in Series Seed funding from investors including...
NYC based insuretech startup Boost Insurance has raised $3m in Series Seed funding led by Northwest Venture Partners. Boost is a B2B...
Germany based mobile tax platform Taxfix has raised $2m in Series Seed funding led by Redalpine Venture Partners and Creandum. The...
#GrowYourStack lets you see how much you're saving in cold, hard cash. Download the app, connect your bank account, and instantly see...
In China, QR codes are used widely by smartphone owners to pay bills and make purchases in shops and at vending machines - contributing...
Matt Miller, CEO of portfolio company Embroker, discusses how digital insurance distribution has the potential to better serve the needs...
When Superstorm Sandy hit the East Coast 5yrs ago, it blindsided thousands of residents of New York City and beyond who didn’t figure...
China’s widening crackdown on bitcoin trading resulted in a travel ban of sorts for two executives from the country’s largest commercial...
London based banking technology company 10x Future Technologies has raised $46m in Series A funding led by Ping An and Oliver Wyman. 10x...
India's Razorpay has launched 4 new products for businesses to automate payment-related tasks like money transfers and recurring...
The Wall Street Journal chronicles the financial drain on the federal flood insurance program caused by properties with repeating...
China’s first online-only insurer plans to raise up to $1.5 billion in an IPO that could value the company at around $10 billion. During...
Palo Alto based mobile payroll app Activehours has raised $39m in Series B funding led by Andreesen Horowitz. Activehours develops a...
The WSJ digs into the struggles business owners across the US face when they get wiped out by a flood. They say the National Flood...
Macquarie is leading the charge that customers own their own bank data by rolling out the Australian market's first open banking platform...
Texas based auto-insurance comparison site The Zebra has raised $40m in Series B funding led by Accel Partners. Zebra describes itself as...
Portugal based blockchain payments company Utrust has raised $3.5m in their Initial Coin Offering. UTRUST is the world’s first...
Chicago based insuretech company Clearcover has raised $11.5m in Series A funding led by Lightbank. Clearcover is a smarter insurance...
San Francisco based automated real estate investment service AlphaFlow has raised $4.1m in Series Seed funding led by Point 72 Ventures...
Paris based crowdlending platform Younited Credit has raised $47.8m in Series F funding from existing investors. Younited Credit provides...
London based cryptocurrency advisor Luno has raised $9m in Series B funding led by Balderton Capital. Luno makes it safe and easy for...
Stockholm based mobile payments company iZettle has raised $36m in debt financing from the European Investment Bank. iZettle is...
Lithuania based digital bank Bankera has raised €25m in a pre-ICO funding round. Bankera is building a regulated bank for the blockchain...
London based online wealth management platform Netwealth has raised £10m in a second round of Angel funding from various angel investors....
London based online payments startup GoCardless has raised $22.5m in Series D funding led by Accel Partners. GoCardless is a UK based...
Bangkok based investment robo advisor Finnomena has raised $3.2m in Series A funding led by Krungsri Finnovate. Finnomena aim to unlock...
San Francisco based mobile lender for emerging markets Branch has raised $2m in debt financing from Nabo Capital. Branch eliminates the...
Malaysia based blockchain powered real estate investment platform HomeToken has raised $3 in pre-ICO funding from Southeast Asian...
Chicago based online gift card marketplace Raise, who acquired portfolio company Slide, has secured $50m in Series C funding led by Accel...
New York based investment advisor for women Ellevest has raised $34.6m in Series A funding led by Rethink Impact. The platform tailors...
A little over one month after revealing plans to acquire the lender, PayPal has announced the deal is now complete.
“Increasing access to capital is vital to the success of small businesses and is a strategic offering for PayPal, which drives merchants’...…
As the Consumer Financial Protection Bureau (CFPB) is expected to release the long-anticipated rule curbing payday lending this week,...
One faction of the community is pushing for another network upgrade in November to scale, and given the lack of consensus on the move,...
New York based credit card-tech company Petal has raised $3.6m in Series Seed funding from investors including Brooklyn Bridge Ventures,...
In theory, the new functionality allows anyone that uses Google's Payment Request API to now accept bitcoin in their online stores.
According to Gaundry, the new functionality that enables bitcoin payments is meant for accepting future payment methods that don’t fall...…
Another bank CEO is saying the change in the industry's human capital because of automation will be massive, although Deutsche Bank CEO...
The Bank for International Settlements (BIS) believes central banks will need to figure out whether to issue a digital currency of their...
A good read for the w/e by the FT on the flood of ICO's whose vision of decentralised online services where ordinary users interact...
dv01has provided reporting services for >$10B of marketplace securitizations and will use the new capital to expand analytics...
Bloomberg explore the fact that credit bureaus have little incentive to take hackers seriously and discusses if they should indeed become...
After a previous announcement that the SoFi CEO would step down by the end of the year, the firm's Board of Directors reversed course...
Apache, a popular open source framework for creating enterprise-grade Java Web applications, defended its involvement in the Equifax...
Georgia, USA based blockchain leveraged health insurance platform Candor Insurance has raised $3m in Series Seed funding from undisclosed...
San Francisco based smartphone-enabled consumer financing platform PayJoy has raised $6m in an undisclosed financing round led by...
Russia based Blackmoon Crypto has raised $30m in one day through an Initial Coin Offering. Blackmoon Crypto touts itself as “a one-stop...
London based blockchain ticketing platform Aventus has raised $20m through their Initial Coin Offering. Aventus, which has been dubbed...
Virginia based student financing company Vemo Education has raised $7.8m in Series Seed funding led by University Ventures and NextGen...
San Francisco based real estate investment platform RealtyShares has raised $28m in Series C funding led by Cross Creek Advisors....
San Francisco based accounts receivable management platform YayPay has raised $5.3m in new venture funding led by QED Investors. YayPay...
Berlin based financial AI company Zeitgold has raised €10m in Series A funding led by Battery Ventures and Holtzbrinck Ventures. Zeitgold...
London based lending platform Neyber has received a £100m investment from Goldman Sachs. Neyber, founded in 2014 and launched in 2015,...
New York based mobile financing firm Braavo Capital has secured $70m in venture funding from Mark 2 Capital. Braavo uses data,...
Singapore based payments gateway Red Dot Payments has raised $5.2m in Series B funding from investors GMO Venture Partners, MDI Ventures,...
As Goldman moves from Marcus to now its SMB lending product, the investment bank has hired engineers, product developers, and marketing...
As the OCC explores creating a fintech charter, the acting comptroller has described the process as "dating." The OCC continues to...
Fire Eye discussed how North Korea have turned their cyber-intrusion focus towards the world of bitcoin and cryptocurrency. In particular...
Wealthmanagement.com has listed Aaron Schumm, CEO of portfolio company Vestwell as one of their 10 to watch in the world of wealth...
The former Citi CEO says advancements in artificial intelligence and robotics will fundamentally change the back office and reduce...
BTC China, one of China's top three exchanges, has officially announced that it will stop trading for China-based customers from...
Equifax's CEO and chairman Richard F. Smith has released a statement regarding the company's massive cybersecurity breach.
Last Thursday evening we announced a cybersecurity breach potentially impacting 143 million U.S. consumers. It was a painful announcement...…
MoneyLion's feature, called Grow Your Stack, will let customers get a visual representation of their account balance as stacks of cash...
Portfolio company Axoni has hired Mas Nakachi as their new Vice President of Strategy and Business Development. Nakachi is currently a...
Financial technology solutions provider Orchard Platform has announced the new Deals aspect of its platform. Deals is a global network...
As the company attempts to move on from the allegations of inappropriate behavior towards women, Mike Cagney will step down as chairman...
Senior Chinese government officials says the ban was only to stop illegal fundraising and pyramid schemes, but should not stop firms from...
While most other Wall Street veterans are embracing the cyptocurrency, the JP Morgan CEO says bitcoin is "worse than tulip bulbs and it...
Cagney plans to step down as CEO by the end of the year, following claims and a lawsuit over sexual harassment. There have been...
Renaud Laplanche's new venture, Upgrade, is reportedly boosting volumes after launching in April. The company's loans are funded by...
After rising back from its 20% drop on the ICO ban, crypto prices are plummeted again after local outlet Caixin reports that China is now...
The wild, wild west of fundraising is coming to an end in China after the PBOC issued a notice which forbids not just ICOs but exchanges...
R3 are suing rival Ripple alleging that Ripple's CEO tried to terminate 5bn XRP options granted to R3 at a 0.85cent strike price after...
The EU is joining up with the UN to use the Ethereum Blockchain to provide transparent help to refugees. Details of the latest meeting of...
Italy based payments platform Satispay has raised $21.9m in Series B funding from Shark Bites, Smartclub, Banca Sella Holding and Banca...
Pittsburgh based payments processor Pineapple Payments has received $35m in private equity funding from PSG Equity. Pineapple Payments...
Dee Choubey, CEO of portfolio company MoneyLion, recently sat down with Benzinga to discuss MoneyLion's use of AI technology within their...
Portfolio company Quovo has announced a new joint venture with Commonwealth Financial. The company recently upgraded its client portal so...
New Delhi based mobile bank Paytm has raised $9.3m in new venture funding led by Vijay Shekhar Sharma. Payments Banks are a new set of...
India based online financing company Lendingkart has raised $10.74m in a bridge funding round led by Bertelsmann India Investments....
Mumbai based credit scoring platform CreditVidya has raised $5m in Series B funding led by Matrix Partners. CreditVidya is a startup that...
Japan based cryptocurrency technology company Tech Bureau has raised $14.7m in Series B funding led by JAFCO Japan and Infoteria...
India based lender Aye Finance has raised $6.8m in new debt financing from Triodos Bank. Aye Finance lends working capital to customers...
Vanguard has stepped up its corporate engagement activity in the 12 months, holding discussions with more than 900 companies around the...
Courtesy of Alibaba, all you now need to get a chicken burger in one Chinese branch of KFC is a smile. The restaurant has adopted facial...
RateSetter One of the UK's biggest alternative lenders channelled millions of pounds of investors’ money into investments offered by...
Bill McNabb, head of the $4.5tn asset management Vanguard, has shot down accusations that record breaking inflows into ETF's were helping...
Credit monitoring company Equifax has been hit by a cyber heist that exposed the social security numbers and other data of about 143...
Traders of cryptocurrencies may be taking some shortcuts when it comes to reporting capital gains from like-kind exchanges. The IRS...
Cryptocurrency bitcoin continues to reach ever closer to the $5,000 mark, reaching an all time high last week of $4,890. Bitcoin's...
Square is planning to offer loans and deposit accounts to small businesses, and will capitalize this new business unit (called Square...
Following the two back to back lawsuits in August, CEO Mike Cagney wants to make sure SoFI is raising the bar for its policies,...
OnDeck made its first loan in August 2007 and is now celebrating its 10th year anniversary, loaning over $7bn in capital to more than 70k...
A consortium of 6 of the world's largest banks, including Barclays and HSBC, are planning to use distributed ledger technology for their...
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