JPMorgan disrupts online brokerage Robinhood
Has Robinhood the disruptor now become the disrupted with the news that JPMorgan Chase, the biggest bank in the US, is set to offer...
Has Robinhood the disruptor now become the disrupted with the news that JPMorgan Chase, the biggest bank in the US, is set to offer...
The prototype deal, dubbed a “Bondi” bond (Blockchain Operated New Debt Instrument) is being viewed as an initial step in moving bond...
M-Akiba promised the government access to a new capital base as only 2% of government bonds in Kenya are bought and sold by individual...
The New York based regulatory technology software provider has received a strategic investment from Vista. No other terms of the...
Tokyo based e-commerce payments startup has received a strategic investment from Visa for an undisclosed amount.
For those in need of a refresher, the Paidy service is aimed at making it easier to shop online in Japan, which is the world’s fourth...…
Marcus is not on Silicon roundabout. The boss isn’t 25 years old, does not have a beard and has not raised £50m in cash from VCs to burn...
Austin based accounting software provider has secured $50m in private equity funding from BV Investment Partners.
"This event further validates Consero's vision for the Finance as a Service market. Companies don't want another piece of software to...…
Congratulations to portfolio company Neighborly, which recently announced its Networks Accelerator to expand community broadband access...
California regulators gave title insurance startup States Title the go-ahead to operate as the state's first tech-focused title insurer....
The digital payments affiliate of Alibaba has postponed plans to IPO due to declining profitability and tightening liquidity. In spite of...
San Francisco based online lending startup has raised $62m in Series C funding at a $500m valuation, led by CreditEase Fintech Investment...
Indonesia based P2P lending platform has raised $16.5m in Series A financing, led by Mandiri Capital.
KoinWorks offers loans relating to business, education, health and recently has launched an employee loan option in partnership with...…
The company's fintech arm, Finserve Africa, is in talks with six Ethiopian banks to collaborate on cross-border mobile payments and...
San Francisco based residential real estate platform has raised $50m in debt financing and $14m in Series A funding, co-led by Khosla...
Columbus based car insurance startup has raised $100m in Series D financing, led by Tiger Global Management. The company is now valued at...
It turns out people want to find answers without assistance..... until they can’t and immediately want help from a qualified banker.
Branches and tellers aren’t going away entirely. Instead, as customers turn to mobile phones for routine financial services, tellers are...…
Whilst tech whizzes aren’t new to Wall Street but as a new breed of "traders who code" has emerged, some execs are wary of blurring the...
This Bloomberg article explores how the “post-millennials”, the generation that will make up 32% of the global population by 2019, might...
In what would have been the largest IPO ever at a valuation of $2 trillion, Saudi Arabia has halted its plans for a public listing....
Gemini, Bitstamp, Bittrex, and BitFlyer announced the creation of the "Virtual Commodity Association," a self-regulatory organization to...
As part of its mobile brokerage platform to be rolled out next week, JP Morgan is offering some free trades, the ability to earn...
Binance puts the (digital) money where its mouth is. According to Binance CEO Changpeng Zhao, 90% of the exchange's employees choose to...
London based invoice payment startup has raised $7m in Series A financing, co-led by Augmentum Fintech PLC and Bessemer Venture Partners.
Paul Christensen, Co-founder and Chief Executive Officer at Previse, said: “We opened our doors to customers just over 12 months ago....…
The London based digital bank approaches unicorn status as its valuation nears $1.5b. It aims to raise $150m in its next round of funding.
“If you are the number one neobank by users then everyone is going to want to get in,” said Lex Sokolin, global director of fintech...…
Los Angeles based algorithmic cryptocurrency trading startup has raised $22.7m in Series A financing, led by Tribe Capital.
The startup’s main clients include hedge funds and family offices, which are likely to be trading larger amounts of cryptocurrencies....…
The US tax overhaul has incentivized the repatriation of corporate money overseas, an inflow of cash expected to reach nearly $1.5...
In an effort to streamline its cash management efforts, BlockRock acquired the startup in June 2017. This underscores a larger effort by...
The security token exchange raises $134m from its security token offering, missing its original goal of $250m. In a separate...
The Canadian bank issued C$250m ($190m) of fixed income to the Ontario pension fund, using a blockchain-powered settlement system through...
Wirecard, a German online payments and fraud prevention startup, recently surpassed Deutsche Bank in market value. Its stock has...
The Toronto based wealth management startup has launched the first zero-commission stock trading service in Canada. Robinhood,...
In a market known for its high default rates and fraud, the founder of Weel, a Brazil based factoring startup, recounts how the company...
Los Angeles based compliance and audit software company has raised $40m of Series B financing, led by Battery Ventures.
Founded in 2014 by former PwC and EY auditors Daniel Kim and Jay Lee, AuditBoard provides a cloud-based platform that allows enterprises...…
Josh Kushner's online insurance startup has raised another $375m in equity funding from Alphabet. Alphabet now owns roughly 10 percent of...
Vancouver based direct-pay lending platform provider has raised $84m in Series B financing, led by Gravitas Securities and Canaccord...
Atlanta based income-building platform provider has raised $9m of Series A financing, led by Propel Venture Partners.
The round was led by Propel Venture Partners, with participation from Omidyar Network, 25Madison, Clocktower Ventures, and Commerce...…
Mifid II is shifting the burden of research costs from the investor to the investment manager, tightening managers' budgets by 20%.
The “Big Bang” nature of the reform may be painful. But it remains a big improvement on the old regime. Pointless research had real...…
Coinbase acquired the digital identity startup as part of its effort to expand beyond the crypto space. It begs the question of whether...
Coinbase's Toshi has rebranded as "Coinbase Wallet," in the hopes of being a one stop shop for users to interact with the decentralized...
Hamburg based open banking platform provider has raised $100m in Private Equity financing, led by Vitruvian Partners.
Dr. Tim Sievers, CEO and founder of Deposit Solutions said: "We are delighted to welcome Vitruvian and Kinnevik as new shareholders. They...…
Los Angeles based digital advertising blockchain protocol has raised $5m in a strategic funding round backed by 3Rodeo, CoinUs, Cypher...
The Bank of China (separate from the central bank of China) announced a plan to dedicate 1% of its annual operating budget on...
The mobile payments firm now lets all US customers buy and sell bitcoins via Cash App, including New York given it has secured a...
Bitwise Asset Management announced three new indexes to track baskets of digital assets including Bitwise 20 Mid Cap, Bitwise 70 Small...
Paypal has partnered with the India-based multinational lender in an effort to expand its presence in the Indian market. HDFC serves 35...
The money transfer service gets transparent with fees - and explains why banks don't do the same. On average, TransferWise saves you 80%...
Congrats to portfolio company Axoni on it's $32m Series B! Axoni is on a mission to bring enterprise blockchain to scale in the...
Washington DC based workers' compensation insurance startup has raised $11m of Series A funding led by Greycroft.
“Pie combines two elements that really stand out - a unique set of underwriting data and an experienced founder who was instrumental...…
Boston based remittance technology startup has raised $100m led by Temasek.
Flywire says it has processed more than $8 billion worth of payments for more than 1,400 customers around the world. The new investment...…
Business Insider how "fintech" no longer stands apart from "financial services" - but instead is consistently more integrated with the...
With fintech funding momentum not slowing down and surpassing more than $5.4b in the first quarter, Matt Harris covers for Fortune the...
Congratulations to portfolio company Mines and CEO Ekechi Nwokah on raising a $13m Series A led by TPG's Rise Fund, with participation...
David Marcus, Facebook vice president and the former head of its Messenger division, has stepped down from Coinbase's Board....
The world's dominant producer of cryptocurrency mining chips (ASICs) has rung up a $2bn revenue quarter ($1bn of profit) as it explores a...
Turkey's currency, the Lira, was in freefall Friday - losing 20% of its value against the dollar at one point and hitting record lows...
Berlin based tax filing mobile assistance has closed $13m in Series A led by Thiel's Valar Ventures. Launched in 2017, TaxFix is built on...
Y Ventures Group has launched an initial coin offering (ICO) through its subsidiary, Luminore 8, making it the first...
The popular real estate listing service has announced its buying Mortgage Lenders of American, a move that will expose Zillow to a new...
The U.S. Treasury Department is closely monitoring China's currency markets for signs of manipulation. By devaluing their currency,...
New York based crypto fund administrator services provider has raised $15m Series B funding from a large anonymous family office and...
New York based national title insurance and escrow company raised $15.6m in Series B funding led by Bessemer, Omidyar, and Collaborative...
Following Neighborly's "Future of Public Finance" conference this month, an extremely insightful blog post by Jase Wilson (Neighborly...
Trump is prepared to raise tariffs on all imports from China to more than $500b. As a result, Chinese foreign direct investment...
The mortgage technology company is expanding into home insurance, which is often required to be in place when a new home sale is...
New York City based fintech product comparison and recommendation engine has raised $18.8m in Series A funding led by GreatPoint...
Berlin-based maker of a mobile assistant for tax filing, raised $13 million in Series A funding led by Valar Ventures.
Launched in 2017, Taxfix is built on the premise that filing taxes remains a daunting task in most countries, involving a lot of archaic...…
If executed, the plan could enable more crypto funds and traditional asset managers to enter the emerging asset class. Deliberations are...
Part of its new digital Startup Program, which also includes employment practices liability (EPLI) and fiduciary liability insurance...
Video of Jon Stevenson, Head of Wealth Management and Banking at MoneyLion, explain why he thinks that in less than five years the...
The Treasury released a report on Tuesday on the state of fintech in the US and provided recommendations for how to foster further...
Bloomberg talks about why a company that built an empire on the prowess of its stock pickers has moved aggressively in a world dominated...
Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and spend digital assets. Formed with the purpose...
Mobile payments firm Square said it made $37 million in revenue from bitcoin sales in the second quarter of 2018. The company released an...
Mr. Cagney, formerly of SoFi, opens up to the WSJ on his consensual sexual relationships with staff and how he misled the SoFi board of...
If you are a group of 4 over 18 females and you fancy a “blockchain cruise” around the Med in September, tickets for ladies are...
Even BlackRock’s quant arm, San Francisco-based Systematic Active Equities, uses its machines to read almost 1m online posts a day in...
Portland based online investment marketplace for commercial has raised a $8m Series B led by Grotech.
Noam Bardin, CEO of Google-owned mobile navigation app developer Waze, has invested in an $8 million Series B funding round by...…
UK based AI driven AML and fraud detection software has raised $20m in Series B funding led by Dawn Capital, with participation from HSBC.
The move comes just months after HSBC froze an account connected to an alleged $500m fraud by the son of Angola’s former president, a...…
The U.S. cryptocurrency trading platform has hired Jeff Horowitz, former global head of compliance at Pershing and previously head of...
Though Zelle has shown promising early growth, it fell short of its goal to have 33 banks on the network and still runs on plumbing that...
Is the race to the bottom over? Fidelity is now offering mutual funds with zero expense ratio. Fidelity is also offering...
The Treasury Department provided 80 recommendations, including: a "sandbox" giving regulatory relief to startups, reduction in...
The OCC is now accepting applications for special purpose fintech bank charters. The charter may obviate the need for certain fintech...
Bitmain, the Chinese bitcoin mining behemoth and ASIC chip manufacturer, reportedly generated over $1b in profit in Q1 2018 alone....
Colorado based decentralized trading platform has raised a $10m Series A led by Blockchain Capital.
The money will be used to expand the startup's community team and start new research and development projects, according to CEO Alan...…
London based provider of flood insurance has raised a $2.5m Series Seed from LocalGlobe, Pentech Ventures and InsurTech Gateway.
FloodFlash has developed a technology-led approach that makes flood insurance available to everyone, including those with the highest...…
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