Retirement Plans – A Neglected Niche?
Wealth Management profile Vestwell as part of a broader piece on the retirement space. Vestwell, led by Founder and CEO Aaron Schumm, a...
Wealth Management profile Vestwell as part of a broader piece on the retirement space. Vestwell, led by Founder and CEO Aaron Schumm, a...
Segwit, the upgrade meant to lower the work and speed up the process to confirm transactions off the main chain, is now involved in more...
Virgin Money has already spent $53.3m over the last year developing its digital bank which will rival competitors like Starling and...
After numerous employees inquiries, the CFTC has recently told their employees that it is kosher for them to invest in cyrptocurrencies...
New York based debit card startup focused on tweens and teens has raised $1m in incremental Series A funding from Fifth Third Capital,...
The WSJ features portfolio company WorldCover as an exemplary startup focused on providing low-cost financial services to emerging...
Israel based peer to peer lender has raised $16m in equity and debt financing, led by Blumberg Capital.
Blender's services are cheaper than the loans offered by credit companies, but more expensive than bank loans. At the same time, Blender...…
New York based aggregator and search engine for car leasing services has raised a $23m Series A led by IAC.
Along with the funding, Honcker is releasing a new version of its app, with more parameters to search for vehicles and get...…
Circle, a startup focused on peer-to-peer payments as well as providing liquidity to the crypto markets, has acquired U.S. based crypto...
The prestigious awards in April in San Fran will bring together influencers, entrepreneurs, and thoughts leaders to honor outstanding...
Vestwell provides an overview of retirement plan related legislation making its way through Congress, including bills addressing sponsor...
New York based corporate virtual credit card startup Teampay has raised a $4m Seed Round led by Crosscut Ventures.
Teampay’s focus is on the mid-market, targeting companies with two hundred to a thousand employees. Hoag said that “Our target customer...…
Technology company Calastone has estimated that based on daily trade volumes of funds in the UK, Ireland, Luxembourg, Hong Kong,...
Fidessa, one of the so-called “grandfathers” of the UK financial technology market, has agreed to a takeover by Swiss banking software...
If the IPO proceeds successfully Augmentum will buy a seed portfolio it values at £33.3m, including investments in Zopa and Seedrs and...
"Despite the hype, the large size of investments and the significant number of financial products and services derived from fintech...
The husband-and-wife team behind Tezos have been locked in a fierce battle for control of $232m with the head of the board of a nonprofit...
Oscar is forecasting revenue above $1b for this year, up from about $400m in 2017, according to a person familiar with the situation. The...
“Today, a cryptocurrency is being born that can take on Superman,” said Venezuelan President Nicolas however The U.S. Treasury warned...
San Francisco based insurance rate aggregator and advice startup Gabi has raised a $9.5m Series A round led by Canvas Ventures.
Gabi, a California-based insurtech startup, announced this week it secured $9.5 million during its Series A round, which was led by...…
After a POC starting last September, R3 and TradeIX are now piloting their trade finance network, seeking to improve risk mitigation,...
Toronto based robo-advisor Wealthsimple has raised a $51m funding round from Power Financial Corp, after raising a $37m Series B in May...
Stockholm based consumer credit refinancing startup Anyfin has raised a €4.8m Series A led by Accel and Northzone.
“All the consumer has to do to save a bunch of money is to snap a picture of the credit card bill or loan statement and we do the rest....…
Perhaps hedging her bets, Nasdaq CEO Adena Friedman has been advocating that dual-listing in different time zones could help provide...
Minneapolis based on-demand insurance platform for self-insured employers Bind Benefits has raised a $60m funding round led by Lemhi...
Florida based tech-enabled workers compensation platform ChronWell has raised a $4.5m Series A round from undisclosed investors.
The Series A round will be used to fund the first phase of the company’s innovative platform which covers triage, on-site care, care...…
Atlanta based youth-focused smart debit card provider Greenlight Financial Technology has raised a $16m Series A round led by TTV Capital.
Atlanta-based Greenlight combines a "smart" debit card with an app to help kids improve their financial literacy while giving parents...…
Philadelphia based blockchain adtech analytics startup Amino has raised a $4.5m Seed Round led by First Round Capital.
To date, the firm has brought on $6.25 million in venture capital, including the $1.75 million raise that started out as a small angel...…
Chicago based consumer lending startup Braviant Holdings has raised a $7m funding round from Loom Capital.
Braviant is one of the largest providers of pre-approved direct mail offers of credit for underbanked consumers in its market. Through...…
With the merger of two payment processors, ~40m Americans will make payments to a corporation they know almost nothing about....
A new crop of new blockchain projects plan to bring tokenization and decentralization to the dating economy (now a $3bn industry), hoping...
Forbes reviews the upcoming “Blockchain Week” in NYC and its headline event (the Consensus conference), which will draw key speakers such...
China has tightened approval standards for new consumer credit securitizations, amidst concerns of irresponsible lending practices....
São Paulo based Brazil focused mobile payments platform RecargaPay has raised a $22m Series B round led by IFC, TheVentureCity, and Ventech.
RecargaPay is a financial technology company democratizing mobile payments in Brazil that has reached 10 million mobile wallets and...…
Cross River Bank, who is a major hub for the entire marketplace lending sector and works with more than 15 online lending companies, has...
The window is closing for new entries to the 2018 FinTech Awards, so all category changing fintech startups should apply and . As a...
New York based marketplace lending supply side platform Even Financial has raised a $3m funding round led by American Express Ventures.
Even Financial has said that its platform includes an API that “matches qualified consumers with the right financial products and...…
Mining a single bitcoin uses roughly the same amount of power as the average american household consumes in two years. And the bitcoin...
Cryptocurrencies, and especially privacy coins like Monero and Zcash, may provide a new channel for would-be money launderers....
Scammers are taking to Zelle and defrauding users by pretending to be legitimate vendors. Unlike PayPal, Zelle does not offer fraud...
Despite criticism related to its potential blockchain-based business model and the apparent lack of governance on its tokens, Telegram...
Boosted by a handful of large fundraisings, fintech companies raised $1.6bn of venture capital investment last year.
“There is no doubt that London’s position as a leading financial and technology centre is driven by the UK’s focus on policy and talent,...…
In his shareholder letter 2yrs ago, Amazon CEO Jeff Bezos said he was looking to team up with banks that could help his company expand...
Following a technical issue which resulted in Coinbase overcharging numerous cryptocurrency buyers for up to 50 times their original...
A growing number of Coinbase customers are complaining (on Reddit) that the cryptocurrency exchange has wrongly charged them multiple...
Fascinating Reuters article highlighting the move from cash to digital payments in Venezuela, despite some of the world’s lowest internet...
U.S. Bank, the 5th largest commercial bank in the US, was charged by the federal authorities with failing to guard against illegal...
The acquisition, which was proposed in February 2016 and worth around $25 million, was led by Chongqing Casin Enterprise Group, a...
After stumbling in its debut, Cardlytics stock flew up 33% in 2 days this week, making it the 4th-best IPO of 2018. VC backed Cardlytics...
The Tensor Processing Units could help artificial intelligence experts train and deploy their machine learning models overnight instead...
Bloomberg launched an 80's style arcade game last week which gives players a glimpse into the tough choices American mall owners face in...
Steven Sinofsky's recent blog on 'competing with big companies' is a must read. He reminds us that it is highly likely that the next wave...
Munich based POS payment gateway technology startup Payworks has raised a $14.5m Series B round led by CommerzVentures and Visa.
Founded in 2012, Payworks has developed a next generation payment gateway technology, operated in the cloud and provided in a Software as...…
Ohio based blockchain real estate transaction startup SafeChain has raised a $3m Series A round led by NCT Ventures.
Purchasing real estate today is an inefficient and paper based process that often requires 30 days and up to a dozen different entities...…
Maryland based real estate agent data platform HomeSnap has raised a $14m Series B led by Updata Partners.
Homesnap has registered about 400,000 real estate agents, who use its services to find out things like how long a home has been on the...…
Quovo has partnered with Great American Life, enabling them to use Quovo's integrated data platform to deliver more robust and granular...
MoneyLion has announced that they now have over 2 million customers, over 1.25 million bank accounts linked to their mobile app, and half...
San Mateo based payables automation startup Tipalti has raised a $30m Series C round led by Zeev Ventures.
Through its platform, Tipalti is typically able to automate 80 percent of a company’s AP and cross-border payments workload. With those...…
As ad-blockers limit online news publications advertising revenue, Salon has a new idea - offering to use a reader's unused computing...
India based digital SME financing platform LendingKart has raised a $87m Series C round led by Fullerton Financial Holdings.
Lendingkart Technologies handles technology and digital marketing, while Lendingkart Finance underwrites loans for small and medium...…
New York based micro-investing startup Stash has raised a $37.5m Series D round led by Union Square Ventures, after raising a $40m Series...
Since 2013, UK regulators have licensed more than 30 new banking entrants. With over 80% of UK deposits controlled by five dominant...
Saudi Arabia's central bank will become the first to pilot a crypto-based payments solution between the country's banks. The...
Fintech companies raised a total of $31b in 2017, favorable to the $25b raised in 2016 but well below the record $47b raised in 2015....
Des Moine based payments API startup Dwolla has raised a $12m Series D led by Foundry Group.
Dwolla's latest round of funding was led by Foundry Group with additional investment from Union Square Ventures, Next Level Ventures,...…
China is designing a net-new city called Xiongan, which will feature a large fintech center. The center will be designed by the...
In his shareholder letter 2yrs ago, Amazon CEO Jeff Bezos said he was looking to team up with banks that could help his company expand...
New York based employee real-time wage access startup DailyPay has raised a $9m Series B led by Intercept Ventures.
Data shows the average DailyPay user accesses the system approximately one time per week and 94% of employee users self-report they use...…
Coinbase has announced a feature for merchants to add crypto payment options to their websites, seizing on Stripe's exit from the market...
San Francisco based middle market-focused online commercial lending startup NepFin has raised a $10m Series A round led by Sands Capital...
Finland based SMB-focused online invoicing startup Zervant has raised a €6m Series B led by Tesi.
Founded in 2010 and headquartered in Espoo, Finland, Zervant offers simple invoicing software targeting micro enterprises in Europe,...…
California based marketplace-focused payments provider YapStone has raised a $71m Series C led by Premji Invest, Accel Partners, and...
Bhatt and Tenev the co-CEO's of Robinhood initially dismissed Bitcoin, but as the currency raced towards $17k in December they told...
Many younger consumers have a love-hate relationship with credit.They are comfortable borrowing for specific purposes, such as paying for...
Gibraltar will introduce the world's first regulations for initial coin offerings with dedicated rules for the cryptocurrency sector...
Amsterdam based cloud-based core banking platform Ohpen has raised a €25m Series C round from Amerborgh, after raising a €17m Series B in...
Toronto based cryptocurrency exchange Coinsquare has raised a $30m funding round from Canaccord Genuity, after raising a $10.5m Series A...
The combination of Artivest and Altegris will create the largest independent alternative investment technology firm, managing over $3b in...
Portfolio company Neighborly is working with the city of Berkeley, California on what could be the first ever municipal bond issuance to...
Vestwell has partnered with portfolio risk startup Riskalyze to create Riskalyze Retirement Solutions. The end to end digital 401k...
Goldman appears to be eyeing the "point-of-sale" finance business, and hopes to partner with Apple to offer loans on new iPhone...
Amidst heavy-handed cryptocurrency regulation coming from China and South Korea, U.S. regulators struck a "surprisingly optimistic" tone...
Fintech startups hoping to expand into digital banking are increasingly looking at obtaining an industrial loan charter, in lieu of...
ICO fundraising has cooled down from the $6b raised in 2017, as many altcoins find themselves trading 50+% lower than their peak levels....
San Francisco based travel company-focused payment platform WeTravel has raised a $2m Seed Round from investors including First Round...
Utah based business intelligence dashboard software startup Grow.com has raised a $16m Series B from investors including Toba Capital and...
Santa Monica based car leasing startup Fair has raised a $50m funding round led by next47, and has now raised over $100m since being...
New York based cash forecasting software startup Cashforce has raised a €2m Series A led by Volta Ventures.
Cashforce is unique because it offers full transparency into what exactly drives the cash flow of mid-size & large corporates with...…
Los Angeles may be writing the playbook for more economical spending on the Olympics. The return on investment may be better for...
The impending demolition of the new Olympic Stadium has caused some to question whether or not Olympic expenditures are too wasteful....
America's elite law schools, business schools, and computer science departments are seeing a surge of student interest in cryptocurrency...
Sydney based mortgage loan comparison startup Uno Home Loans has raised a $25m funding round from Westpac.
Launched into the market in May 2016, the platform helps Australian homeowners and aspiring homeowners find and broker the right mortgage...…
Berlin based small business digital banking startup Penta has raised a €2.2m Seed Round led by Inception Capital.
Penta’s unique selling point is that it provides a free bank account as well as a faster service to small businesses who lack the people...…
Fintech investment in the UK is alive and well following Brexit turmoil - UK fintech startups raised $1.8 bn last year (up more than 150%...
Detroit based payments and accounting software startup Autobooks has raised a $10m funding round from investors including Draper...
San Francisco based employee benefits software startup Human Interest has raised an $11m Series A led by Wing Venture Capital.
Co-founded by Paul Sawaya and Roger Lee, Human Interest provides small business employers with 401(k) retirement savings plans for their...…
London based interest rates derivatives platform CurveGlobal has raised a £20m funding round led by the London Stock Exchange Group and...
Goldman is looking to acquire PFM app Clarity Money and fold it into it's Marcus unit, which has originated more than $2b in loans since...
The new product leverage's Quovo's core infrastructure to provide timely alerts to financial advisors regarding key account activity or...
Switzerland based blockchain cloud computing startup Dfinity has raised a $61m funding round from Andreessen Horowitz and Polychain Capital.
The Dfinity team ran a public “seed stage” ICO last February and expected to follow that up with a “main” ICO late last year. But the new...…
Quant funds are increasingly taking center stage in the markets - with many investors blaming them for the historic spike in volatility...
Congratulations to CEO Rich Sarkis and the Reonomy team on their $16m financing! Since being founded in 2013, Reonomy has expanded...
InvestmentNews highlights FinTech Collective co-founder Brooks Gibbins, endearingly referring to him as "The Outsider." Notably,...
The unusual declaration by the Fed comes in response to "pervasive" consumer abuses and compliance breakdowns at the bank.
The firm did not have an effective firm-wide risk management framework in place that covered all key risks. This prevented the proper...…
The SEC and CFTC provide a sober review on regulatory enforcement in the cryptocurrency world. The agencies aspire to bring...
Investors will have opportunity to own up to 10% of a basket of 22 startups through a new form of "security token" offering. While the...
PayPal and eBay have been in a relationship since the 1990's. The breakup highlights the rise of a new generation of financial technology...
The FT digs into the $500m theft of XEM coins in Japan by an anonymous hacker. Following a crumb trail on the XEM blockchain they detail...
London based self-service data engineering software provider Duco has raised a $28m Series B led by Eight Roads and Insight Venture...
Two of the world's largest ATM manufacturers have warned that criminals are targeting U.S.cash machines with tools that force them to...
Techcrunch reviews the various issues surrounding both hardware wallets ("cold storage") and internet-connected, software wallets ("hot...
Last year, the UK's Financial Conduct Authority (FCA) announced that banks would no longer be compelled to support LIBOR past the end of...
Embroker has been featured as one of Digitial Insurance Agenda Barcelona's "10 Insurtechs that drive superb customer engagement", helping...
Just days after more than $500m of crypto was stolen from a Japanese crypto exchange, Japan's largest messaging app, Line, announced that...
FT provides an interesting profile of Ireland's rapidly growing fintech scene (including TransferMate, Plynk, and most famously, Stripe)....
Starbucks is launching a co-branded credit card backed by JPM, with a $45 annual fee and coffee addict-focused rewards. The company...
Blackstone has acquired a 55% stake in Thomson Reuters' financial and risk division at a valuation of $20 billion. Blackstone's...
Square has launched bitcoin trading (no p2p bitcoin transfers) in its Cash app to users, except those in NY, GA, WY, and HI. Like...
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