Robinhood, looking beyond brokerage, seeks bank charter to expand into deposits, credit cards
Robinhood has filed an application to open an FDIC-insured online bank through which it would offer customers a higher interest rate on...
Robinhood has filed an application to open an FDIC-insured online bank through which it would offer customers a higher interest rate on...
Cable operator Altice USA has acquired financial streaming service Cheddar and named founder Jon Steinberg as President of Altice...
Pending bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company (DACC), secured insurance for assets it will hold...
FinTech Collective's Sean Lippel will be moderating an all-star line-up DeFi (decentralized finance) panel on May 15, 2019 which includes...
The 5 year covered bonds were designed by FORGE and issued on the public Ethereum blockchain with Societe Generale was the sole investor....
Allianz Life Ventures has led an $11m series B in Halo Investing, a platform that provides access to structured notes.
Allianz Life Ventures, a subsidiary of Allianz Life, has invested in Halo Investing, a platform that provides access to structured notes,...…
Revolut’s quest for world domination has had a troubled winter and now the upstart bank is considering introducing a disruptive new...
As the FT reports technology such as artificial intelligence is being used in emerging markets countries to improve data collection and...
A report published this month shows how images of houses are predictive of car accidents - analyzing Google Streetview images of houses...
The Algorithmic Accountability Act is aimed at major companies with access to large amounts of information. It would apply to companies...
A Baghdad-based company, International Smart Card, now helps 7m Iraqis receive welfare benefits or public sector salaries electronically....
While Tether may not have started out as a fraud, the New York attorney general alleges the cryptocurrency exchange operator drained...
Verizon, which has said it would deploy 5G in 30 cities in 2019, today announced 20 of those cities, which include: Atlanta,...
On average, it costs 9.3% of value transferred to send the equivalent of $200 to the region - the highest anywhere in the world....
New York based home buying and selling platform has raised a $21m Series B led by Firstmark and other existing investors. The...
New York based platform to digitize and automate customer workflows for financial institutions has raised a $22m Series A led by Goldman...
NYC based digital investment platform has raised a $33m Series B led by Rethink Impact and PSP Growth.
Ellevest, a New York-based digital investment platform built by women, for women, has raised $33 million in funding led by Rethink Impact...…
Trading is integral to any well functioning capital market. Dharma explores the projects and players who are helping bring liquidity and...
Portfolio company Vestwell is expanding the asset management options on its platform with exclusive target data model portfolios from...
The Asia based cryptocurrency exchange has announced its own blockchain, building a basis for issuing new cryptocurrencies and initial...
The new 'My Chase Plan' financing option allows card customers to select from past purchases of more than $500 and finance them over a...
San Francisco based ecommerce payment creditor has raised $19m Series B funding led by Craft Ventures with participation form Max Levchin.
The company, which works with thousands of retailers like Rothy’s, Untuckit and Fanatics, was launched in 2016. The first return it...…
San Francisco based bookkeeping service has raised a $40m Series B led by Index Ventures with participation from Stripe. The round...
With the acquisition, Mastercard will now offer new installment loans as it competes in the now crowded $1.8t opportunity in...
In four telling charts, TearSheet shows how digital-first banks have leapfrogged the top 50 global banks in terms of overall customer...
The vertical integration of the home buying transaction continues as startups look to reimagine the buying experience with a full stack...
Did you miss this year's LendIt in SF? If so, we have you covered as the slide presentations are now live on the LendIt blog.
Niche Lending: Looking for Yield An In Depth Look at the Patient Lending Market | John Dwight, Simplee, Rob Seidman, HCS, Camilo...…
SoFi has been expanding its financial services and product offerings to surround its customers - it now will be providing homeowners and...
After securing a Swedish banking license and announcing its plans to expand into new countries in 2019, Klarna's CEO now sees a quicker...
NYC based platform to help financial institutions digitize customer workflows has raised a $22m Series A led by Goldman Sachs.
Seventeen global financial institutions including leading insurance carriers, banks and asset managers use Unqork's no-code platform to...…
UK based AI-driven insurance automation platform has raised a £25 million Series B led by EQT Ventures.
Powered by AI, Hartley claims that Cytora is able to distill the seven-day underwriting process down to 30 seconds via its API. This...…
Portfolio company Embroker had a banner year in 2019, with more than $1b in a liablity coverage provided to technology companies....
The Lambda School now has 1,300 students enrolled with an early job placement rate of 86% and a median starting salary of $60,000.
There are reportedly about 1,300 students enrolled, and the company has raised almost $50 million. The early job placement record is...…
According to Bloomberg, the growing field of Income Share Agreements is not without its drawbacks - how much that contract ultimately...
A great story in the WSJ highlighting the dependency smaller banks in the US have on "old school" inflexible core technology providers...
Huge congrats to FTC I portfolio company Embroker on their $28m Series-B raise from smart money, Seattle-based investor, Tola...
Finablr, the UAE based the payments processing group behind the Travelex and Xpress Money brands is set to announce plans for a London...
A recent report by BIS, highlights that big tech’s advance into the financial services industry is gathering pace. Whilst big tech...
Australian regulators, bruised by the royal commission, are turning to artificial intelligence to boost compliance across the finance...
App-only bank N26 has become the second billion-dollar European banking startup, alongside Revolute, to face questions over compliance.
“N26, as with all licensed banks, is subject to regular internal and external independent audits, including those by regulatory bodies...…
Coinbase has launched a new Visa debit card in the UK, allowing customers to make purchases and cash withdrawals directly from their...
China’s top economic planning body has proposed new rules that would see the closure of all local cryptocurrency mining facilities if...
Brazil's central bank suspended the operations of Neon Pagamentos a day after the start-up had raised $22m in Brazil’s biggest-ever...
New York City based merchant crypto payment platform has raised $14m in a private token sale to Pantera, 1kx, Nima Capital, and Access...
New York based decentralized web infrastructure platform has filed to raise a $50m token sale that would leverage the SEC's Regulation A+...
New York based home and renters insurance startup has raised a $300m Series D financing led by Softbank. The financing values the...
San Francisco and Kenya based mobile lender for Africa has raised a $70m Series C led by Foundation Capital. The company raised a...
UK based mortgage marketplace has raised £200m in debt capital from HSBC.
The company, which offers individuals and institutions investment opportunities in UK mortgages, has gained the fresh financing from HSBC...…
Close on the heels of their Series B financing, YieldStreet has acquired Athena for a reported $170m. Athena is a pioneer in the...
Stuart Jones, CEO of portfolio company Sigma, joins BNN Bloomberg to discuss how the company is leveraging machine learning to evaluate...
We're incredibly excited to announce that we have co-led Extend's Series A alongside Point72. Extend has developed the technology...
Atlanta based decentralized exchange built on top of Lightning Network has raised $3.5m Series Seed from Pantera, YC, Initialized...
The Mobility Open Blockchain Initiative (MOBI), a consortium formed last year to harmonize the development of DLT across the car...
Excellent write-up by RiaBiz on Vestwell's latest $30m Series B which saw Goldman Sach's seeking out the startup for investment as the...
Palo Alto based business payment software company has raised $88m in venture funding led by Franklin Templeton at a valuation of more...
San Francisco based ecommerce and POS lender has raised $300m in Series F capital from Thrive.
Levchin started Affirm in 2013 to give consumers without credit history or savings accounts access to small loans. The startup offers...…
Tel Aviv based AI for the asset management industry has raised $25m in Series C funding led Oak HC/FT.
CEO Gal Krubiner said the cash infusion will fuel development of its technology and enable Pagaya to pursue real estate and other...…
TransferWise, one of Europe’s best-funded financial technology firms, is seeking to raise up to $300 million, which would value the...
TechCrunch does a good job here of going beyond the basics, and answering some of the more detailed questions about how some e.g. the...
Pressure is steadily mounting on U.S. lawmakers to implement comprehensive cannabis banking reform at the federal level, and as...
Landed, which just raised a $7.5 million Series A round led by Initialized Capital, helps educators buy homes by providing them with...
Tandem bank, which has around 600,000 customers, said it was in the early stages of talks to secure an investment in the next three...
BBVA has sold a $350m revolving credit facility to Singapore-based Olam International whose interest rate will decline as the borrower...
There is a physical element to the archetypal bank run. First of all, you have to get to the bank. Then you have to queue. Then you need...
Mastercard is overseeing a project geared at getting middle-schoolers to learn how to code and understand cryptography, with a focus on...
Although nothing is really "new" regarding this weeks SEC statement about whether or not an offered digital asset qualifies as a...
Dimon noted that JPM spends nearly $600m per annum on cybersecurity and employs 3k dedicated to the efforts. He also noted that issues...
Congratulations to portfolio company Vestwell on raising its $30m Series B? The round was led by Goldman Sachs and joined by...
With the race-to-the-bottom in beta products playing out, BlackRock is reorganizing itself with an emphasis on higher-fee alternative...
Schwab Intelligent Advisory, which includes unlimited guidance from a CFP and an in-depth financial plan, will charge customers $300...
The BBC reviews how banks and regulators are leveraging AI to combat money laundering. Estimates suggest that not even 1% of...
Rich Sarkis, CEO of portfolio company Reonomy, joined other machine learning experts on stage last week at CRETech. Rich revealed...
Hoping to retain more drivers, Lyft has announced a series of financial services for its freelancers - incuding no-fee bank accounts,...
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