SF-Based Nova Credit Raises $16m in Series A To Facilitate Credit Scores For Immigrants
San Francisco based immigrant credit scoring startup Nova Credit has raised $16m in a Series B co-led General Catalyst and Index...
San Francisco based immigrant credit scoring startup Nova Credit has raised $16m in a Series B co-led General Catalyst and Index...
Bank of Montreal (BMO) and Simplii Financial were breached, giving the hackers access to personal and financial information (names,...
2 of the more significant changes in the Volcker 2.0 proposal would a) give banks more latitude to trade to help clients e.g. market make...
The WSJ digs into how escalating tuition and easy credit have yielded a class of student-loan borrowers with spectacular debt they may...
The JPMorgan Chase CEO is rushing to turn his bank into Amazon before Amazon turns into a bank spending more than $20 billion in 2yrs on...
Billed as an automated investment manager for the people, Acorns has opened 100,000 new retirement accounts in its first month.The...
NY-based blockchain settlement platform raised a $65m Series B round of financing led by Liberty City Ventures, RRE Ventures, and Jay Jordan
San Francisco supply chain payments and marketplace has raised $250m in a Series E led by Goldman and PSP Investments. Company...
The IPO price will likely be at least a 3x increase from it's last valuation of $2.3b, set in 2015. As part of the offering, the...
Coinbase has acquired Paradex, a "relayer" that allows decentralized wallet-to-wallet crypto trading. Terms of the deal were not...
Bloomberg highlights how, unlike American fintech startups, Alipay and WeChat have cut out all banking intermediaries as people shop and...
NBA superstar Kevin Durant has become one of Silicon Valley's most active early stage investors, with approximately 30 investments from...
Australian based SMB lender is set to raise $146.5m in a float on the ASX on June 6. The raise is offering a 17.5% stake from new shares...
London based digital asset exchange Crypto Facilities is the first to launch Ethereum derivatives trading and purports to be authorized...
Seattle based provider of digital rewards and incentives to enterprise customers has raised a $35m venture financing from FTV Capital.
Tango Card — which brings together some 500 companies’ gift cards so that they can easily be used by companies like Microsoft, Chevron...…
The investigation is headed by NASAA (North American Securities Administrators Association) and consists of nearly 70 inquiries and 35...
Following its own mantra of compliance and prudence, The Washington Post chronicles the emergence and growing pains encountered by...
Chicago based developer of data analysis and charting tools for financial markets has raised a $37m Series B led by Insight Venture...
IHS Markit is acquiring New York based market intelligence and data provider Ipreo for 16x EBITDA. Goldman Sachs and Blackstone had...
Texas based real estate AI startup has raised a $20.5m Series B from LiveOak Venture Partners, Silverton Partners, Realogy, RBC,...
The latest Volcker 2.0 rewrite is said to lower the burden on banks for trades that are used as a hedge or to mitigate rules, putting the...
Dallas based life insurance startup has raised a $15m Series A led by Valar Ventures.
Today, less than 44% of households have individual life insurance, yet 85% of consumers recognize the need for it. Bestow focuses on...…
Several hedge funds in Europe and Australia have built substantial businesses betting on sports, often utilizing quantitative techniques...
In a 6-3 decision, the court overturned a 1992 federal law banning sports gambling outside of Nevada. New Jersey plans to be the...
Congratulations to portfolio company MoneyLion for winning the Benzinga Award for "Best Under-Banked or Emerging Market Solution" and...
Berlin based insurtech startup has raised $24m Series C financing led by Allianz, with particpation from Rheingau Founders and Rakuten.
German insurer Allianz has led the latest fundraising round of Berlin-based insurtech startup Simplesurance, alongside other investors...…
The regulatory approval is the first for a New York-based trading firm. The BitLicense will allow Genesis to facilitate the trading of...
Boston based OTC crypto trading and payments platform raised $110m in new equity funding led by Bitmain, with participation from other...
In a review of documents produced for 1,450 initial coin offerings, the WSJ found 271 (nearly 20%) with red flags that include...
A great readout from the WSJ on this week's Consensus Conference. One attendee described the 8,500 attendees as a mix of “cool techie...
Using a ‘salary link,’ employers can help low-income workers get access to credit. Walmart , one of the largest employers of low-wage...
Northwestern Mutual is shutting down digital financial planning startup LearnVest just three years after the insurance company paid $250...
Goldman Sachs plans to extend its Marcus consumer bank across Europe and has picked Germany as the market to follow its imminent UK launch
Richard Gnodde outlined the international strategy for Marcus in a wide-ranging interview where he also revealed how many staff the bank...…
Fancy an algebra lesson? If you do have a read. There are also great links out to other pieces like: An (Institutional) Investor’s Take...
Overbond’s algorithms estimate the timing and pricing of new bonds. Bankers, perhaps unsurprisingly, proclaim themselves sceptical that...
Last weekend the FT Magazine gave us a great long form read on the move from cash to digital payments. Sweden leads the charge with only...
This week at Consensus, portfolio company Axoni and Clearmatics demonstrated for the first time how a financial instrument can be issued...
San Francisco credit card bill payment platform has raised $27m in venture financing led by Atlas Ventures.
The latest investment comes as Plastiq is experiencing record growth with business owners and consumers who are looking for a reliable...…
Berlin based e-commerce insurance startup has raised $24m in Series C financing led by Allianz.
Founded in 2012, simplesurance has been changing the way people perceive and buy insurance, enabling customers to obtain tailored...…
At the midpoint of the range, the Atlanta based fintech firm that lends to merchant would raise about $701.4m and be valued at...
Portfolio company Quovo, in partnership with Envestnet and Morningstar, has announced a framework to enable secure, open financial data...
Nairobi based digital payments processor Cellulant has raised $48m in equity financing from TPG's Rise Fund. The deal represents...
TechCrunch breaks down the bizarre naming trends that are captivating startup technology founders - from Fat Lama to Purple Squirrel,...
Active investment managers have more than doubled their spending on new digital information sets and data scientists in the past two...
ICE, the parent company of the New York Stock Exchange, has been working on an online trading platform that would allow large investors...
Broadridge has been granted a U.S. patent for distributed-ledger technology to enhance proxy voting through increased levels of corporate...
Xapo custodies roughly $10 billion of Bitcoin, which even in the colorful world of crypto is a remarkable cache - equivalent to about 7%...
Abbie has enjoyed a brilliant start to her new job as a junior fund manager at AllianceBernstein. In her first 3 months she has handled...
This World Economic Forum article highlights that many of today’s most awesome scientific and commercial opportunities, such as...
Venmo Trust was initially conceived as just a pragmatic product hack on the Venmo core that would make transacting with friends easier....
Silvergate has courted the industry aggressively providing financial services to 250 crypto-related exchanges, wallet services,...
The planned card would carry the Apple Pay brand and could launch early next year. Apply is hopeful the card will help them expand...
The weighted index is designed to track the performance of the ten largest and most liquid cryptocurrencies. The index is owned and...
California based platform for beginner investors has received an undisclosed amount of equity financing from BlackRock. The startup...
The US Patent and Trademark Office has made public a patent application from JP for a system that uses blockchain to keep track of...
Mountain View based cyber-insurance startup has raised $13m in Series A financing, co-led by Keith Rabois (of Khosla Ventures), Yoni...
Hope springs crypto in Brooklyn. Bloomberg Technology highlights how ConsenSys and its mission to reshape and democratize the world...
Florida based cashless payment platform for schools has raised a $2.3m Series Seed led by Florida Funders and Rainfall Ventures.
The round was led by Florida Funders and Rainfall Ventures, with participation from Silicon Valley angels, as well as follow-on...…
SF based financial health platform for employers has raised a $4m Series Seed led by Comcast Ventures and Trinity Ventures.
Founded in 2017 by Tom Spann, CEO, Brightside is an employer-based financial wellness solution that combines personal assistants, smart...…
Australia based home loan startup has raised $15m in Series A financing from Macquarie, Square Peg Capital, Apex Capital, and Rice Warner.
Founded by ex-NAB bankers Nathan Walsh and Michael Starkey the platform aims to make home ownership “faster, cheaper, and less...…
Baidu is selling its financial services arm to a group of investors led by TPG for $1.9b, in a deal that values the unit at $4b....
Sweden based iZettle, a leading POS payments and small business financing startup in Europe, plans to raise $227m in an IPO that would...
Utah based expense management startup has raised $10.5m in venture financing led by Pelion Ventures.
Divvy, a provider of expense management solutions, has secured $10.5 million in funding. Pelion Ventures led the round.
A former Fed governor believes that the Federal Reserve should consider issuing its own cryptocurrency and bring legal activities into a...
With the first ever celebrity-branded digital asset, Cryptokitties plans to expand its consumer reach and test a new method for...
Shortly after Goldman Sachs announced its intention to open a Bitcoin trading unit, Intercontinental Exchange (the parent company of the...
Fred Wilson rebuts Warren Buffett's claim that cryptocurrencies are fundamentally non-productive. Wilson argues that digital assets...
Warren Buffett has become a major critic of bitcoinm referring to it as a speculative, non-productive asset. He's gone as far as...
NYC and SF based tech platform for investment advisors has raised $7m in Series A financing led by Anthemis Group.
tratiFi’s Series A funds will further commercialize the company’s PRISM Rating™ technology that calculates risk scores for individual...…
Cyberwarfare and populism are some of the top risks that could threaten global stability and financial markets investors and policymakers...
The market for retirement insurance products is slowly and silently disappearing. From annuities to long-term-care insurance to...
The US Tech giants and bulge bracket banks have been warily circling each other for a while now, especially in the payments space. The...
Forbes highlight ideas including new and inventive fee structures for hedge funds to the $23T of insurance assets that firms like Apollo...
Tokyo based leading crypto currency exchange will spend up to $10m on university level training for Bermudians in blockchain development...
Redwood City small business lending startup has lined up $200m in revolving credit from Credit Suisse to expand its offerings.
BlueVine said it will now raise the business line of credit it offers from its previous limit of $100,000 to a new limit of $250,000. It...…
The Goldman CEO said they are "being very careful" in its deployment of Marcus “growing very slowly and deliberately with a lot of...
The Swedish e-invoicing company received its full European banking license last year with goals to be the "Ryanair of the banking sector"...
Our friends in Benzinga revealed the companies who have made it to the final rounds of the Benzinga Global Fintech Awards. Fintech...
Nouriel Roubini didn't hold anything back at the Milken Global Conference, billing cryptocurrency as one of the bigger scams humanity has...
Seattle based blockchain identity solution for enterprise customers has raised $3m led by Founders Co-Op, with participation from Pithia....
Great visualization article from Bloomberg comparing crypto versus other asset classes from a risk, return, and correlation perspective....
The WSJ reports that the SEC and CFTC are still putting ethereum under the regulatory magnifying glass - at question now is whether the...
Portfolio company Quovo has expanded its ACH payments offerings, helping ACH originators initiate direct debits and credits more...
Portfolio company Quovo has announced plans to expand into the Canadian market, as well as incremental financing from Portag3 Ventures -...
Upgrade founder and former Lending Club founder Renaud Laplanche discusses his new venture, which is now originating $100m of loans per...
Portfolio company Reonomy has announced new data partnerships with the coworking behemoth WeWork, as well as major brokerages Cushman...
This feature on portfolio company Reonomy discusses the company's "entity resolution API," which is designed to compare data from a...
Hellman & Friedman announced its plans to acquire the Sunnyvale based enterprise retirement platform and combine it with Edelman...
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