Covr Financial Technologies raises $10MM Series A from leading technology venture firms including Al
Idaho based multi-carrier life insurance platform for financial institutions has raised $10m in Series A funding led by Allianz Life...
Idaho based multi-carrier life insurance platform for financial institutions has raised $10m in Series A funding led by Allianz Life...
Bloomberg describes how the practice of payment-for-order flow works, who the key players are, and how regulators currently view the...
Shoppers use a smartphone app to enter the store. Once they scan their phones at a turnstile, they can grab what they want and then walk...
Though Robinhood does make revenue from interest on deposits and its premium subscriptions, most of its revenue appears to come from...
It was a positive, if not stratospheric, debut. After raising £300 million in its IPO, Funding Circle’s stock (trading under FNIG.L)...
A survey by Willis Tower Watson Securities showed that in Q2 insurance technology investments totaled $527 million in 71 deals. As...
India's supreme court has ruled that the private sector can not use Aadhaar, the govt. controlled biometric database, blowing up the...
Robinhood felt the need to clarify that exchanges and liquidity providers must compete to fill orders at the best price, which ultimately...
Revolut and Plum have their sights set on disrupting the wealth management industry with cheap and easy-to-use investments that suit...
Good FT interview with Marianne Lake at Chase. This is also smashing news for start-ups as Celent forecasts that spending on technology...
1Broker, as well as its CEO Patrick Brunner, has been charged with selling security based swaps to US and international investors without...
The 438 page prospectus for Bitmain's Hong Kong IPO shows that while revenue has exploded to $2.8b in 2018 alone so far, margins have...
The p2p lending platform's float is testing public investors current appetite for alternative finance. This week, the UK SMB lender...
Portfolio company Vestwell has integrated Dimensional's My Retirement Income Calculator into its advisor and participant portals. The...
NYC based real estate brokerage platform has raised $400m in venture financing at a $4.4b valuation from SoftBank's Vision Fund, Qatar...
San Francisco based payment processor raised a $245m venture financing from Tiger Global, valuing the startup at $20b.
Led by Tiger Global Management, other new backers included DST Global and Sequoia, along with existing investors Andreessen, Kleiner,...…
San Francisco based real estate marketplace has raised $400m in venture financing from Softbank's Vision Fund, at a valuation north of $2b.
The terms: SoftBank’s massive Vision Fund is investing $400 million for a minority equity stake in the company, with one of its five...…
San Francisco based insurance core infrastructure startup has raised a $5.5m Series A from 8VC.
Socotra is the industry’s first cloud-native backend with open configuration and APIs, empowering insurers to deploy powerful backend...…
NYC based SME insurance startup has raised a $2.8m Series Seed led by Hetz Ventures.
We help real estate owners, managers and builders tackle the recurring headache of liability insurance that arises when hiring trade...…
UK based travel insurance startup has raised $9.3m of Series A financing led by Kamet Ventures.
Kamet, a fund backed by insurance giant AXA Group, led the round, which brought Setoo’s total funding raised to $12.1 million, or €10.3...…
Peter Atwater, president of Financial Insyghts, reports to Bloomberg that Google Trends data shows the real surge in interest “is among...
Portfolio company Vestwell has conducted a survey to understand the sentiment of advisors and plan sponsors related to selling, adopting,...
The DTCC has finished coding its blockchain-based TIW ("trade information warehouse"), provided by portfolio company Axoni and their...
Danske CEO Thomas Borgen, has resigned after the full extent of problems at the Estonian branch were uncovered. The realisation is...
Square CFO Sarah Friar. went on record at Recode this week saying “Anything you do today with a bank account, you should look to Cash App...
A Wall Street Journal story of Las Vegas, Goldman Sachs, Britney Spears, a Malaysian whale and a breathtaking financial fraud.
Mr. Low’s purported scheme involved the purchase of storied companies, friendships with the world’s most celebrated people, trysts with...…
Brex’s co-founders Henrique Dubugras and Pedro Franceschi previously raised $57 million and according to the WSJ are now on the hunt for...
Goldman is in talks to spin out "Simon" (or Structured Investment Marketplace and Online) a 3yr old app which sells complex financial...
Several people in Indonesia who failed to repay loans on time to Chinese fintech lenders have complained that their colleagues and...
Even with the hype around legalized pot, buyers of marijuana shares should still ask simple questions like "why is this company asking...
At Recode's Code Commerce 2018 conference, Square CFO Sarah discussed the possibility for the Cash app to eventually allow customers to...
CNBC interviews Renaud about some of his learnings coming out of his Lending Club successes and failures, including focusing on hiring...
Cyber Threat Alliance's report shows that illicit cyrptocurrency mining has surged 459% in 2018, with hackers illegally generating Monero...
NYC based lending platform for online retailers has raised $60m in Series C financing led by Kinnevik.
New York-based Bread builds financing offers into the websites of retailers, ensuring customers can view a range of pay-over-time options...…
Grubhub has announced its acquisition of the Boston based provider of mobile diner engagement and payment solutions for...
UK based P2P property lending and investment marketplace has raised $39.5m in Series C financing led by Atomico.
The plan will be to use this funding to continue to develop its technology and grow business into more the traditional (and bigger)...…
San Francisco based loan servicing platform has raised $17m in venture financing Index Ventures, Ribbit Capital, Founders Fund, Nyca...
South Africa based mobile lending startup has raised $52m venture financing led by Goldman Sachs.
Jumo launched in 2014 and it specializes in social impact financial products. That means loans and saving options for those who sit...…
London based point of sale lending platform has raised a $15 million Series A led by Dawn Capital.
Launched in late 2015, London-based Divido currently works with over 1,000 partners to enable them to offer B2C and B2B finance to their...…
For new loans, the Dutch bank plans to consider how climate change might impact a company's ability to repay their debts. ING is...
Recently released Census data for 2017 show that median household income increased to $61,372 last year, up 1.8% when adjusted for...
Despite a decade since the financial crisis where the stock market that has tripled, interest rates remain near the floor, and employment...
Some millennials are embracing a movement now as FIRE - or "financial independence, retire early." The followers of FIRE work for a...
As the FT points out - How all this plays out can only really be understood through the prism of a full credit cycle. What happens, for...
The startup was preparing to announce a $1.8 million seed round of funding from Homebrew and Collaborative ahead of its acquisition.
Chime is now one of several millennial-focused mobile banks on the market, which do away with traditional banking fees as well as...…
Maria Vullo, superintendent of New York's Department of Financial Services is suing the Federal Government saying the OCC's decision to...
The father of Chinese fintech is responsible for Ant Financial a $150bn behemoth, Yue'bao the worlds largest money market fund with...
Watch the Lion car roar this weekend at Las Vegas Motor Speedway! In a-first-of-its-kind partnership between fintech company and a Nascar...
New York based financial wellness platform that helps consumers build healthy credit has raised $3.9m Series Seed financing led by...
Baltimore based financial life management platform has raised $33m in Series A financing led by Warburg.
. The company charges a flat annual fee for a relationship with a certified financial planner, with prices ranging from $480 to $5,000...…
Chicago based institutional digital asset exchange has raised $15m in Series B funding led by Bain Capital.
The investment is meant to support the expansion of Seed CX’s trading infrastructure, to enlarge its institutional trading network and...…
Canada based provider of cloud based investor relations and capital markets solutions has raised a $38m Series C led by Napier Park.
"At Napier Park, we invest in and partner with the best and brightest in financial technology and are thrilled to be leading this...…
China based P2P lending platform has set terms for its IPO underwritten by Morgan Stanley and Deutsche Bank which values the company at...
Americans aged 50+ account for more than 1/3 of the US population and are living longer, healthier lives. As they already to...
Tom Blomfield, CEO of Monzo and friend of FinTech Collective, believes that the "bank of the future will be a marketplace." ...
The U.S. bank will deal in contracts that give investors synthetic exposure to the performance of Bitcoin. Investors will be able to go...
Indonesia based point-of-sale payments startup has raised a $24m Series B led by Sequoia's India and Southeast Asia fund.
Moka was started four years ago primarily as a point-of-sale (POS) terminal with some basic business functionality. Today, it claims to...…
South African point-of-sale payments provider raised $16m in Series B funding led by Partech.
Yoco will leverage its Series B to grow its network of small business merchants, invest in product development, operational scalability...…
New York-based provider of financial health analytics raised $30 million from FTV Capital
Jaime Dimon is considering how to reward customers for improving their credit score, e.g. with rewards points or lower APRs. The...
Portfolio company Tradeblock reviews the false rumors that Goldman would abandon its digital currency initiatives, and the impact it may...
Stellar's for-profit subsidiary (called Lightyear) has purchased Chain, the permissioned blockchain venture backed by Visa, Nasdaq, and...
The multinational bank's planned crypto program allows institutional investor access through a Digital Asset Receipt (DAR) which will be...
The so-called Gemini dollar now has the backing of the New York Department of Financial Services (NYDFS), with coins backed by US dollars...
Mukesh Ambani has kickstarted efforts to expand 4G data access in India, where internet usage is still capped at 28% of the total...
The commission-free stock trading app confirmed plans to go public, and intends to hire a CFO in the process. Despite its increased...
The cryptocurrency exchange and custody provider has sought out the $6tn asset manager for help on its ETF which will likely include...
Munich Re's Hartford Steam Boiler (HSB) subsidiary has acquired the Berlin based industrial IoT provider for $300m. Relayr will...
The preliminary approval from the OCC positions Varo to establish the first all-mobile national bank in the U.S. Other neo-bank...
Having gone public in February 2000, LendingTree is an often overlooked fintech success story. The company has been expanding...
Offshore investors in Chinese bonds have steered clear of corporate debt due to concerns over the reliability of domestic rating...
As Moody's, Fitch, and S&P Global set up shop in China, investor concern rises due to the possibility of inflated credit ratings....
The Bogota, Colombia based factoring analytics startup has teamed up with BTG Pactual, Latin America's largest financial institution, in...
The London based business and property lending startup has raised $100m in Series B financing at a $2.3b valuation. Backers include...
The London based mobile banking platform has secured $60m in Series B funding, led by Kinnevik.
The headline sell is that a Monese account can be opened in as little as 2 minutes, with technology driving the necessary background...…
The Darien, CT based defined outcome investing startup has raised $5.5m in a strategic funding round, led by Centana Growth Partners.
“Alaia Capital is at the forefront of innovation in delivering the next generation of defined outcome investment solutions in a market...…
UBS has announced that it is closing its robo-advisor and selling the technology to US-based SigFig. The bank cites the limited...
San Francisco based online fraud prevention startup has raised $6m in Series A financing, led by US Venture Partners.
“As automated attacks become more sophisticated, there is a growing need for security solutions that can not only identify fraud and...…
Cape Town based point-of-sale payments startup has secured $16m in Series B financing, led by Partech.
Yoco will leverage its Series B to grow its network of small business merchants, invest in product development, operational scalability...…
The two American rating agencies announced plans to establish operations in the country. The announcement comes amidst rising corporate...
President Trump recently signed an executive order encouraging the use of Multiple Employer Plans (MEPs) among small businesses. What...
From budgeting to credit monitoring, the New York Times lists its favorite fintech tools for managing your personal finances.
Whether it’s budgeting, planning your debt payoff, or monitoring your credit, your financial life needs regular, reliable attention. The...…
The London based peer-to-peer lender plans to list shares on the London Stock Exchange. The deal could reach a $390 million valuation.
“Today’s announcement is the start of the next stage in our exciting and transformational journey,” Samir Desai, CEO and co-founder of...…
The Paris based banking startup for freelancers has secured $9.3m (€8m) in Series A funding, led by XAnge.
The company plans to launch a premium plan in the coming months with advanced accounting features. So far, 25,000 freelancers are using...…
Over a year after a similar partnership was made with Apple Pay, Uber and Uber Eats customers can now pay through their Venmo accounts.
Rides and delivery noodles are always better when they’re shared. Now it’s easy to split a ride home from a concert or share the cost of...…
San Francisco based banking software platform has secured $17m in Series A financing, co-led by Trinity Ventures and Core Innovation...
While the SEC's rejection of multiple Bitcoin ETFs has dampened investor sentiment, hope is still pegged to a decision on the VanEck...
The Chinese third-party payment service provider intends to list its shares in Hong Kong as early as next year. The deal could be valued...
The financial services software company announced that it will acquire Intralinks, a global banking and dealmaking startup, for $1.5b...
Berkshire is in talks to invest 20 to 25 billion rupees in One97 Communications, the parent company of Paytm, India's largest mobile...
Its second fintech investment of the year, Deutsche invests an undisclosed amount in the Dallas-based mobile payments platform provider....
Bengaluru based digital lending startup has raised $13.4m in Series A financing, led by Xiaomi.
Co-founded in 2015 by by digital finance & technology professionals Lizzie Chapman, Priya Sharma, and Ashish Anantharaman, ZestMoney...…
Zug, Switzerland based microlending startup raises $2.5m in its initial round of funding. Investors include Aslanoba Capital, Bogazici...
The London based employee benefits platform has raised $20m in Series B financing, led by Blenheim Chalcot.
The money will be used to launch and scale the company in the US as well as to continue to support its growth in the UK. Salary...…
The Menlo Park based credit card startup has secured $17m in Series C funding. Backers include Accel, Aspect Ventures, Pelion Ventures,...
The SEC's rejection of a Bitcoin ETF conjures doubt about crypto's viability as a financial asset. Stablecoins, however, may offer a way...
Zug, Switzerland based cloud computing blockchain startup has secured $102m in funding, co-led by Andreessen Horowitz and Polychain Capital.
Williams anticipates Dfinity will launch a private version of its network later this year in order to let developers test out...…
Singapore based Stablecoin and blockchain protocol startup Terra has raised $32m in seed funding. Investors include Polychain Capital,...
San Francisco based data security startup has raised $8.5m in Series A financing, led by Andreessen Horowitz.
“You can’t hack what isn’t there,” Very Good Security co-founder Mahmoud Abdelkader tells me. His startup assumes the liability of...…
Oslo, Norway based financial monitoring startup has raised $4.7m in its second seed round. Investors include Vatne Equity,...
Bill Davaris, former executive creative director at Ogilvy, has joined FinTech portfolio company MoneyLion as its new CMO. In an...
The Los Angeles based digital asset startup has raised $4m in Series A funding, led by Polychain Capital.
“We believe today one of the major bottlenecks to cryptocurrency adoption is the lack of an easy-to-use interface for average people,”...…
The Dover based money conversion platform has raised $7m in Series A financing, led by BlueYard Capital.
While many of you probably don’t see why you’d use a service like this, AirTM’s users in Venezuela are willing to pay high fees to...…
MetLife has issued $1 billion in floating-rate notes tied to SOFR, the LIBOR successor. It is the first company that is not a sovereign,...
The New York City based cloud infrastructure platform for financial institutions announced its Series A close, led by PIMCO. Specifics of...
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