5/31/2018 7:01:55 PM SF-Based Nova Credit Raises $16m in Series A To Facilitate Credit Scores For Immigrants By Faisal Kawar San Francisco based immigrant credit scoring startup Nova Credit has raised $16m in a Series B co-led General Catalyst and Index Ventures.
5/31/2018 4:37:37 AM Hackers demand $1 Million in XRP (Ripple) after breaching two Canadian banks By Sean Lippel Bank of Montreal (BMO) and Simplii Financial were breached, giving the hackers access to personal and financial information (names,...
5/31/2018 3:17:24 AM US regulators begin major easing of Volcker rule By Gareth Jones 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...
5/31/2018 3:08:43 AM Mike Meru Has $1 Million in Student Loans. How Did That Happen? By Gareth Jones The WSJ digs into how escalating tuition and easy credit have yielded a class of student-loan borrowers with spectacular debt they may...
5/31/2018 3:02:17 AM Jamie Dimon Is Not Messing Around By Gareth Jones 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...
5/31/2018 2:58:01 AM Acorns hits 3.5 million users, sees 100,000 sign-ups for retirement product in its first month By Gareth Jones Billed as an automated investment manager for the people, Acorns has opened 100,000 new retirement accounts in its first month.The...
5/31/2018 12:00:00 AM Paxos Raises $65 Million in Series B Financing To Help Financial Institutions Reduce Settlement Risk By Faisal Kawar NY-based blockchain settlement platform raised a $65m Series B round of financing led by Liberty City Ventures, RRE Ventures, and Jay...
5/31/2018 12:00:00 AM Tradeshift Raises $250 Million in Series E Funding Round, Bringing Company Valuation to $1.1bn By Sean Lippel San Francisco supply chain payments and marketplace has raised $250m in a Series E led by Goldman and PSP Investments. Company valuation...
5/24/2018 2:15:48 PM Adyen confirms IPO in Amsterdam and valuation of $7b to $11b By FinTech Collective 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 company...
5/24/2018 2:03:29 PM Welcome Paradex to Coinbase By FinTech Collective Coinbase has acquired Paradex, a "relayer" that allows decentralized wallet-to-wallet crypto trading. Terms of the deal were not disclosed.
5/23/2018 2:24:46 PM Why China’s Payment Apps Give U.S. Bankers Nightmares By FinTech Collective Bloomberg highlights how, unlike American fintech startups, Alipay and WeChat have cut out all banking intermediaries as people shop and...
5/23/2018 1:32:14 PM Inside Kevin Durant's growing empire By FinTech Collective NBA superstar Kevin Durant has become one of Silicon Valley's most active early stage investors, with approximately 30 investments from...
5/22/2018 3:56:29 PM Prospa's IPO is out, and two top VC firms have tipped in more money ahead of the $146 million float By Sean Lippel 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...
5/22/2018 3:53:24 PM First Bitcoin, Now Ether Futures Contracts Officially Launch By Sean Lippel London based digital asset exchange Crypto Facilities is the first to launch Ethereum derivatives trading and purports to be authorized...
5/22/2018 3:42:45 PM Tango Card raises $35m By FinTech Collective Seattle based provider of digital rewards and incentives to enterprise customers has raised a $35m venture financing from FTV Capital.
5/22/2018 2:41:14 AM Regulators Crack Down on Crypto Scams via 'Operation Crypto-Sweep' By Sean Lippel The investigation is headed by NASAA (North American Securities Administrators Association) and consists of nearly 70 inquiries and 35...