New rating agency ranks EM banks by financial crime risk
EuroMoney details how a distinguished US Treasury official and an international corporate lawyer (she also won the IBM AI hackathon)...
EuroMoney details how a distinguished US Treasury official and an international corporate lawyer (she also won the IBM AI hackathon)...
New York-based financial communications provider raised $14 million in Series B funding from Barclays, JPMorgan and NEX Group.
San Francisco-based payroll, benefits and HR technology platform for small businesses, raised $140 million in Series C funding led by T....
SF based money management app and paycheck lender Even has raised $40m of Series B funding led by Khosla. More than 200k Walmart...
San Francisco micro-scholarship startup RaiseMe has raised $15m in Series B funding led by Teamworthy Ventures.
For CEO Preston Silverman, the round is a validation of RaiseMe’s approach, which has been informed by behavioral science. “Shorter...…
Singapore based platform for lenders to reach new customers has raised $28m in venture financing, led by Experian.
The startup was founded in 2013 and it operates services in Indonesia and the Philippines — CekAja.com and eCompareMo.com, respectively —...…
Though New York based IEX, a six year old startup, handles around 2.4% of daily U.S. trading volume, it has so far failed to attract any...
New York based collateralized crypto lender BlockFi has raised $52.5m in venture financing led by Galaxy Digital.
The startup offers services in 42 U.S. states and functions similarly to a traditional bank in that it holds clients' funds with a...…
BitTorrent, which took the mantle from Napster as a pioneering peer-to-peer protocol for filesharing, has been acquired by Tron - a...
Founded in 2006, Correlation Ventures didn't make any investments over its first 4 years. Instead, the founders amassed the most...
Google Ventures leverages an algorithm called "The Machine" when making investment decisions. The algo accounts for a broad variety...
San Francisco based socially responsible investing platform OpenInvest has raised a $10m Series A led by QED Investors.
"OpenInvest is building the wealth management platform of the future," said Conor Murray, co-founder and chief executive officer. "We put...…
A recent mobile data study of just over 1.5m mobile users in the UK between April 9 and July 1 this year found the top ten most-used...
The FT explores some of the blatant Pump and dump schemes on Telegram. Other examples of market manipulation that are thought to be rife...
As a slowing economy and tighter regulatory controls bite, over 200 Chinese online lenders have shut their doors since June, stranding...
Bloomberg explores why Nigeria (which vies with South Africa as the continent’s biggest economy) is struggling to get mobile money off...
An extraordinary must read from the New Yorker on how JD.com has expanded its consumer base with drone delivery and local recruits who...
Square Capital, which has already facilitated more than $2.8bn worth of SMB credit, is extending its reach through a partnership with...
The proposed rule change was not enough to get SEC approval for the "Winkevoss Bitcoin Trust" - the news led many to believe that other...
To use crypto terminology, the second quarter was a painful one if you were HODLing (especially as measured by exchange activity and...
The New York based online lender is turning to two European banks to fund loan growth in its overseas markets.
The online lender’s Australian division will use a revolving credit facility from Credit Suisse to refinance its existing loan book at a...…
The CME EFP Bitcoin transaction, facilitated by ED&F Man and itBit, saw two institutional traders swap a position in CME's bitcoin...
Boston based payments company that helps universities, hospitals and businesses accept foreign-currency payments, raised a $100m Series D...
SF based marketplace that makes privately held shares available for purchase to accredited investors, raised a $50m Series B from...
SF based automated credit card debt management app, has raised a $25m Series B led by VC Kleiner Perkins.
Mamoon Hamid, general partner at Kleiner, who joins Tally's board, says: "They [Tally] have built a layer of technology around a very...…
Indonesia based digital credit card raised $30m in Series B funding led by Australia’s Square Peg Capital.
“Our goal is to become the preferred digital credit card for millennials in Southeast Asia,” he told TechCrunch. “Those are consumers who...…
Atlatna based patient billing and payments technology company, raised $28m in Series B led by Accel-KKR. The capital will be used to...
SF based car insurance platform that allows drivers to pay based on their actual hours on the road, has raised $90m in a series E round...
Austin based provider of accounting and payroll management as a service, raised $10m from Canaan Partners.
“Bookkeeping and accounting is really the nucleus,” says Michael Gilroy, a principal with Canaan Partners.
Utah based free, real-time expense software platform raised $35m in a Series B from Insight Venture Partners. This comes two months after...
After a security upgrade blocked Plaid from accessing customer data, the startup launched a critical social media campaign against the...
Google Cloud has revealed that it will offer distributed ledger solutions to customers in partnership with Digital Asset and BlockApps....
The Financial Conduct authority (FCA) is taking a critical look at a number of retirement investment platforms in the UK. The FT...
Forbes believes the fact that the S&P 500's market "weighted" version is trouncing its "equal-weighted" version is a reason to be...
Though many in the tech community envision very young founders (conjuring images of Steve jobs and Mark Zuckerberg), data from the U.S....
At the end of the day, ExponentialETF acknolwedges that concentration itself may or may not be a bad thing - but thinks investors need to...
UAE based The National hosted Stuart Jones, CEO and co-founder of Sigma Ratings, for a discussion about Sigma's findings on the MENA...
There are currently 51 million children in U.S. public schools, which means that there are 51 million reasons to invest in public...
Paris based payment processor for e-commerce marketplaces, has raised EUR10m from Breega Capital and SpeedInvest to further its plans for...
California based startup that lets gamers link their gaming activity to their bank accounts so they can save as they play, has raised...
UK based financial API platform has raised $7.5m led by NorthZone to capitalise on opportunities in Europe as new data sharing rules come...
Oakland based financial health startup raised $40m in Series B funding led by Khosla Ventures.
“Americans lose $240 billion every year to predatory financial services like credit cards, overdraft fees and payday loans. In contrast,...…
Palo Alto, based developer of a checkout free AI shopping system for the retail industry, raised $5.5 million in funding led by CRV.
“The platform is built at this point – we are now focused on releasing the platform to each retail partner that signs on with us,”...…
Boston Based communication platform for the insurance industry has raised $2m in seed funding led by Hyperplane Venture Capital.
TowerIQ CEO Adam Demos said: “Delivering powerful insight and analytics for insurance markets starts with clean reliable data. At TowerIQ...…
Florida based subscription payments company raised $10.5m Series C round led by Atlanta-based Fulcrum Equity Partners.
“We are excited to continue investing in the rapid growth and technology development of Fattmerchant,” said Philip Lewis, principal of...…
Well Fargo is in the process of refunding tens of millions of dollars for products ranging from pet insurance to legal services added to...
According to the current COO and soon-to-be CEO, Goldman is cautiously offering clients publicly-traded derivatives tied to bitcoin and...
In a big announcement that pushed the crypto market significantly higher on Tuesday, Mastercard is offering the ability to send business...
Block.one, the blockchain infrastructure startup behind Ethereum's emerging competitor Eos, raised a record $4b in an ICO this year....
Customers who sign up for the co-branded service will be eligible for term life coverage worth up to $8m. Most will get a policy...
London based cross border payments solution provider raised $50m from PayPal.
“A merchant’s choice of payments partner is increasingly being driven by the ever-expanding range of locally relevant payment methods...…
The SEC and FINRA has signed off on a trio of acquisitions (Keystone Capital, Venovate Marketplace, Digital Wealth LLC) that will allow...
Startup Stronghold is launching USD Anchor, which will run on the rails of the Stellar blockchain and use its consensus mechanism to...
Congress is considering a bipartisan bill (the Retirement Enhancement and Savings Act, or RESA) that would encourage more SMEs to offer...
San Francisco based distributed ledger platform for structured data has raised a $3m Series Seed from General Catalyst, Greylock,...
Baremetrics offers a service that gives SaaS companies a real-time look into the KPIs of more than 800 SaaS startups. Core to the...
FinTech Collective Portfolio, Wunder Capital, writes in Solar Power World about the solar energy revolution. Wunder's newest fund, Wunder...
Monzo is on the forefront of transparency amongst private companies, providing a full annual report. Among the highlights are 750k...
Singapore based robo-advisory solutions provider raised $3m Series A led by Franklin Templeton Investments.
Phillips, who is also CEO of Bambu, added: “Early this year we already surpassed the growth targets we had set for 2018, with seven...…
India based mutual fund investing platform, Groww, has raised $1.6m in a pre-series A round of funding led by Insignia Ventures Partners,...
New York based retail investment platform affiliated with AngelList raised $12m to finance the tokenization of the Republic platform and...
China based bitcoin miner and designer of ASIC chips raised a pre-IPO Series B at a reported valuation of $12bn with participation from...
China based online stock brokerage completed a $80m Series C from Prospect Avenue Capital (PAC). The startup's latest post-money...
Singapore based online lending platform raised $9m led by Insignia Venture Partners, joining existing investors YC, Mark 2 Capital, and...
Tokyo based payment platform that allows for consumers to shop online without an account or credit card raised $55m Series C led by...
Palo Alto based digital insurance startup that helps small businesses get coverage has raised a $83m Series B led by Redpoint.
“The complexity of the small business insurance market is very significant and this leads to a situation where even the largest insurance...…
The investment, made through Cohen Private Ventures, is in Autonomous Partners who was started by Arianna Simpson and focused on...
PayPal CEO has announced the company plans to spend as much as $3bn per year on buyouts, with early evidence in its recent acquisitions...
We are certainly in a different equity environment than decades past. This year, Amazon, Netflix, and Microsoft alone have been...
Digital Currency Group, a tiny spinout from SecondMarket, has quietly become a central hub of the cryptocurrency world. It all started in...
Old school nepotism at its finest. Credit Suisse has agreed to pay $77m to US authorities after admitting it hired under-qualified...
According to UBER, more than 6 million Venmo payments last year mentioned the word “Uber,” which offers some indication as to how popular...
In an effort to compete with Amazon, Walmart has been investing in self-checkout and mobile payments, pushing customers toward its own...
According to a report released Wednesday by CB Insights and PwC, venture backed US fintech companies received about $3bn in funding in Q2...
An entertaining rant from the FT's Alphaville on The London School of Economics new online course entitled “Cryptocurrency Investment and...
Cleveland based mobile payment app raised $10m Series A round led by Draper Triangle Ventures. Differently than other payment apps, Mezu...
6 months into the year startup funding in Africa has reached $168.6m, surpassing 2017's total of $167.7m. Fintech startups accounted for...
Nearly 4m Americans have saved and invested over $1b on Acorns, the app the rounds up everyday purchases and invests the spare change....
London based micro savings and investments mobile app raised £14m Series B led by Eight Roads, Fidelity Internationals investment arm.
Ben Stanway, co-founder, Moneybox, says: "The traditional wealth management industry is geared to those who already have wealth - a...…
Boston based management software and payments platform for restaurants has raised $115 million in a Series D round led by T. Rowe Price...
Banking Circle processes about €60bn in payments annually. EQT Ventures is tapping into a market that spans both developed and emerging...
The highest court in America backed AmEx's policy of preventing retailers from offering customers incentives to pay with cheaper cards....
Though incessant rumors that Amazon will get into banking have not yet materialized, the company has quietly forayed into a broad variety...
Vanguard Group's online brokerage platform will be the first to offer commission-free trading on most ETFs, more than 1,800. Many...
Singapore-based credit management service company raised $4.5m led by global technology investment firm SIG Asia Investments.
“As we move into the purchasing segment of the value chain, we are increasingly attracting significant investor interest, both from an...…
Hong Kong based digital banking for small busineses raised $2m seed round from Singapore-based investor Dymon Asia Ventures and...
Sigma Ratings, the world's first non-credit risk ratings agency, announced that it has closed a $2.4 million Series Seed funding round to...
The FT profiles portfolio company Sigma Ratings and founders Stuart Jones, a former US government counter-terrorism expert, and Gabrielle...
The FT highlights portfolio company Sigma Ratings again as it asks the question of who will monitor the largely untested systems at...
New chair Randell says monitoring misuse of data is top of his agenda adding “We need to be mindful of the fact that the financial...
Brazil accounted for most of Latin America’s $1bn in VC investments in 2017 despite some VCs being put off by Brazil's fluctuating currency.
Known for its high costs and bureaucracy, Brazil’s economy is dominated by traditional companies in areas from banking to transport and...…
Forbes have created a decent centralized list of the 50 largest companies in the world's attempts at playing with blockchain technology.
There’s more than one way to gain exposure to blockchain innovation. Beyond buying over-the-counter products or investing directly in...…
Both Merrill and Morgan Stanley have banned brokers from recommending bitcoin to wealth management clients and Bank of America started...
The FT digs into why some US based investment veterans still prefer to stick to no-frills vanilla products despite asset managers...
New Haven based healthcare communication and payments platform raised $2.4m seed round led by Connecticut Innovations.
"We are delighted to have the ongoing support of our existing investors, as well as a large vote of confidence from new investors, as we...…
New York and Tel Aviv based software startup enabling insurance underwriting sing artificial intelligence raised $12m led by Arbor...
Mumbai based online lending platform raised $6.5m led by China based VC firm Shunwei Capital.
“We are quite interested in the personal loan and consumption space in India and find it quite an under-penetrated market. LoanTap, with...…
One startups trash is another startup's treasure. R3's Corda has scored another big win in the insurance sector by signign on the...
Melbourne based international payments for SMEs and businesses startup raised $80m Series B led by Tencent and Seqouia China, bringing...
The total number of dollars accessed through Kabbage outside typical banking hours increased more than 6,000% between 2011 and 2018,...
Tension between privacy and sharing of user data stokes a debate in West, but much less so in developing economies. Will that continue as...
Stuart Jones, CEO of non-credit rating agency Sigma Ratings, discusses the importance of transparency for investors in regions including...
Firms listed offer early morning paddleboat sessions, a certified trainer and kinesiologist, self-defense classes, “Disco Yoga” and allow...
Vlad Tenev, co-CEO of Robinhood isn’t worried about the legacy threat. “These companies aren’t really technology companies or engineering...
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