Indonesia launches QR code standards
The central bank has been developing QRIS (a more complex QR pattern that allows users from one payment service to transfer funds to any...
The central bank has been developing QRIS (a more complex QR pattern that allows users from one payment service to transfer funds to any...
The Shadow Brokers leak, which is now the most destructive and costly NSA breach in history, has spawned a series of malicious actor...
A great Medium post from portfolio company Universal Market Access "UMA" on what they learnt from offering synthetic access to the top...
Tech firms from Stripe to our own portfolio companies Extend and Flutterwave are trying to grab a slice of the $1.9 trillion payments...
A good read out of Swift's Latam regional conference where banks in the region are looking to increase digitization, while managing cyber...
First American, a leading provider of title insurance, put 885 million PDFs including bank account numbers, statements, mortgage and tax...
Visa’s latest co-operation with Coinbase for a UK crypto card will allow customers to “spend funds from your cryptocurrency wallets”...
Morningstar accounts for just 0.1% of the credit-rating market. This will rise to 2.4% once the DBRS deal closes. By contrast, the big...
First American, a leading provider of title insurance, put 885 million PDFs including bank account numbers, statements, mortgage and tax...
In a historic step last week, 42 countries came together to support a global governance framework for one of the most powerful emerging...
Ben Mezrich’s "Bitcoin Billionaires" is a new account of the Winklevii's move into crypto. According to the FT it makes an easily...
Approximately half of the curriculum will be comprised of innovative classes focused on Python programming, machine learning, blockchain...
New York based student lending startup raised a $5.5m Series Seed led by Kleiner Perkins.
“The student loan industry in the US has been fundamentally unchanged for over 15 years at this point,” Bloch (co-founder & CEO)...…
Tel Aviv-based credit network for retailers raised $8M in Series A funding led by Propel Venture Partners, with participation from Pico...
San Francisco based lending and personal finance platform has raised $500M in equity funding. The round is led by the Qatar Investment...
The San Francisco based provider of corporate credit cards to tech companies, startups (and their employees) is still agreeing to the...
Portfolio company Plaid is expanding across the pond! The expansion will enable fintech startups in the UK to take advantage of...
San Francisco based smartphone financing startup has raised $20m of Series B funding led by Greylock Partners, with participation from...
Portfolio company Plaid is offering a new, lightweight integration that allows banks and fintech applications to quickly and easily...
San Francisco based rewards credit card has secured $20 million of Series A funding led by NEA, with participation from SignalFire, Eniac...
The round was led by the digital investment arm of Germany’s Allianz, with additional backing coming from early investor Power Financial.
The Toronto-based start-up said the investment was led by the digital investment arm of Germany’s Allianz, Allianz X, with additional...…
PayJoy has raised $20 million from Greylock Partners. The San Francisco-based startup enables consumers to purchase smartphones on...
Robinhood is nearing the close of a funding round from existing investors at a valuation of between $7 billion and $8 billion, according...
Global Payments, is nearing a $20bn deal to acquire rival TSYS, adding to the record-breaking pace of blockbuster consolidations in the...
UK challenger bank Loot has fallen into administration less than six months after it secured an investment from Royal Bank of Scotland...
With 2b users, the prospect of charging small transaction fees on payments could net Facebook billions in revenue. A cryptocurrency...
In a secretive project known as "Libra," Facebook plans to launch a stablecoin pegged to the U.S. dollar. While many are excited about...
A secretive unit at Facebook has been working on a digital currency for its 2b users to send money to each other and buy goods and...
London based remittance startup has completed a $292m secondary sale at a $3.5b valuation, a significant increase from its $1.6b...
The gulf between those in the UK with and without access to affordable financial advice has widened in the past 4yrs, according to a new...
A long FT read on the relationship between the Chinese government and Jack Ma / Alibaba - “When a foreign leader came to China and the...
Invesco struck an agreement last year to add a mutual fund to Alibaba's Yu’E Bao wealth management platform which allows the 700m annual...
This report breaks down the progress made thus far in UK financial innovation from online capital formation, to digital banking, to...
Ant Financial launched a healthcare-coverage product Xiang Hu Bao in October and already has about 65 million clients. They pay small...
The number of ATMs around the world fell for the first time last year as banks closed branches and redirected resources toward digital...
According to the FT the recent financing for Checkout.com was settled between ‘gentlemen’ rather than through term sheets! The head of...
Michigan based conversational AI platform serving financial enterprises raised a $52m Series B led by Insight Partners.
Investors were seemingly won over by Clinc’s growth, which is nothing to shake a stick at, to be sure. Last year, the firm saw a 300%...…
Stormy markets have left quants reeling. Can a new flurry of machine-learning hedge funds whose robots learn from their own mistakes do...
Consumers can now easily spend their Gemini dollars (GUSD), bitcoin, ether, and bitcoin cash using the SPEDN mobile wallet app (SPEDN is...
MSCI and FTSE Russell, two of the largest index providers, will soon begin increasing exposure to companies listed in China. The...
New York based financial infrastructure platform has raised a $17m Series C led by Wells Fargo.
Founded in 2010, the company has developed an operating system that enables financial institutions to more easily create and upgrade...…
We are extremely excited to announce that we have joined Accel, Northzone, and Global Founders Capital in backing Anyfin, a...
Crypto custodial solution Xapo is likely to be acquired for $50m plus an earn-out by Coinbase - the company is reported to have nearly...
Goldman has acquired Newport Beach based financial advisory boutique United Capital for $750m in a bid to bolster its wealth management...
Minneapolis based infrastructure platform for direct deposits and recurring payments has raised $13m in Series B financing led by...
Copenhagen based virtual card startup has raised €50m in a Series B financing round led by Stripes Group.
Copenhagen-based Pleo provides companies with payment cards that can be easily assigned to employees, with individually set limits....…
UK based working capital finance platform has raised $800m in venture financing from Softbank's Vision Fund, valuing he comapny at $3.5b.
Greensill plans to use the capital to grow into new markets including India, Brazil and China. The Vision Fund will have representatives...…
Mastercard has agreed to acquire Transactis, the New York based electronic and billing and payment processing platform. The company...
Private equity firm Lee Equity Partners has agreed to acquire a majority stake in K2 Insurance Services, a San Diego based property and...
In July, Bakkt expects to begin user acceptance testing for bitcoin futures contracts developed in collaboration with Intercontinental...
Crate and Barrel, Nordstrom, Amazon, and other retailers have partnered with payments startup Flexa and Gemini to attempt to bring...
The group, dubbed Cora, includes Jump Trading, Mike Novogratz's Galaxy Digital, and DRW Cumberland are some of the participants in the 50...
Zach Perret, CEO of portfolio company Plaid, discusses the company’s humble beginnings trying (and failing) to build consumer fintech...
Portfolio company Reonomy is set to become the exclusive data redistribution partner of Dun & Bradstreet content for the North...
The U.S. government on Friday approved the formation of a new Silicon Valley stock exchange following a regulatory criticism late last...
Uber and Lyft drivers in over two dozen cities went on strike on Wednesday, demanding a better cut of driving profits and generating...
A fun reminder, in the age of the super computer, of the role of the DMM "designated market maker" on NYSE’s trading floor, one of the...
FinTech Collective portfolio company Dharma Protocol believes smart contract based overcollateralized lending has become the "hello...
The Information does a good job of pointing out who the winners are today. Even Jeff Bezos will make $400m off a $3m early stage personal...
One recently settled lawsuit contended employers should have protected employees from plan administrators using their information to sell...
A survey conducted by Fidelity Investments and published Thursday found that, already, around 22% of investors have some exposure to...
The way we spend is changing. Here is aWired magazine write-up on everything we should consider based on Apple's new credit card.
A credit card in Cupertino clothing pushes these expectations even further. “The industry has mainly been competing on price and rewards....…
A small but growing crop of financial-technology companies are offering online tools meant to help adult children manage and monitor...
In the last 20yrs tech has contributed to the resurgence of cities. In the coming years, tech companies may shift to decentralizing their...
China’s biggest tech groups have won approval to launch digital banks in Hong Kong in a long-awaited assault on the financial sector that...
The FT and the Bank of England sought the best blog by a school pupil on the future of money. The winner is Estelle McCool from King’s...
San Francisco based life insurance startup has raised a $55m Series D led by Greenspring, Aquiline, and Hanwha.
“Consumers are responding well to our lower rates. Our company has reached $21 billion in client coverage and is adding an additional $2...…
According to research published recently by Fitch, lapses in AML and financial crimes controls are more likely to affect a banks' credit...
NYC based real estate tech startup has raised a $90m venture financing led by Brookfield Asset Management and GLP, valuing the company...
Nashville based construction lending startup has raised a $31m Series B led by Goldman Sachs Investment Partners.
“Built’s technology platform has demonstrated a strong value proposition to borrowers and lenders alike by streamlining the overall...…
The crypto-currency exchange behind Tether is selling its own exchange token, dubbed LEO, in a private sale and will be launching its own...
As the social media giant looks to monetize its WhatsApp asset through peer-to-peer payments among its 1.5b users, it has chosen the UK...
Palo Alto based cap table management platform raised $300m of Series E funding led by Andreessen Horowitz, and joined by Goldman Sachs...
In yet another centralized exchange breach -of which there has now been $356m stolen in 2019 alone -hackers have stolen $40m from...
The Japanese telecom giant and prolific Silicon Valley tech investor is already allocating from its Innovation Fund, a $2bn investment...
The digital bank for the unbanked that currently touts nearly 8.5m customers has announced its international expansion with the start of...
It's been about a yea since the sweeping regulation has passed, and now officials from Ireland and the UK have said they are...
When Apple launches its new card, 24% of young millennials and 22% of older millennials intend to apply for it, according to a new survey...
San Francisco based equity management platform has raised a $300m Series E led by Andreessen Horowitz, at a $1.7b post-money valuation.
Carta started with this question: Why can I buy Google stock on my phone, but investing in a private company costs $20K in legal fees,...…
Congratulations to portfolio company WorldCover on closing its $6m Series A financing led by MS&AD Ventures! WorldCover is...
Safaricom, Kenya’s biggest mobile network provider, has predicted that within three years its pioneering digital payments business Mpesa...
Vestwell gets profiled this week in the FT as one to watch!. Founded in 2015, the company aims to take the friction and cost out...
Checkout.com a London-based payments start-up that competes with Adyen has secured a valuation close to $2bn.
A little-known payments start-up has raised Europe’s biggest ever early-stage funding round for a fintech company, after the blockbuster...…
Lauren Crossett, a senior member of the team at portfolio company Plaid (via acquisition of Quovo), is interviewed about her career path...
New York based ETH digital collectibles social app has raised $1.5m Series Seed funding from ConsenSys Ventures, DCG, and CoinFund.
Creators will be able to issue a set number of editions of their work and monetize them as collectible non-fungible tokens, which can...…
Congratulations to portfolio company Flutterwave for being selected by the Endeavor Entrepreneur's Global Network!
Flutterwave is a payment technology company focused on helping banks and businesses provide seamless and secure payment experiences for...…
Tune into the RIA Compliance Concepts podcast to hear Vestwell's General Counsel, Allison Brecher, as she discusses what it means to be a...
San Francisco based software for P&C insurance brokers has raised $20m of Series B funding from Menlo Ventures.
Known as “The Digital Broker,” Indio Technology consolidates the entire transaction process into one simplified, coherent platform as a...…
A new WSj report claims the social media giant is launching a crypto-based payment system codenamed "Project Libra" that will include a...
JP Morgan's Ethereum version called Quorum will now be available through Azure Blockchain Service, enabling corporate clients to build...
Cornell Tech confirms bots are front running across decentralized exchanges (DEXs) by paying higher fees to get their order moved ahead....
Utah based expense management and virtual card platform has raised a $200m Series C led by NEA.
Divvy operates a business expense management platform that covers all the bases on one dashboard. Aimed at small and medium-sized...…
The economist reviews how, since the financial crisis, compliance budgets and headcounts have swelled at the big banks.
But pity not finance’s in-house policemen, for they have had a golden decade since the crisis. While swathes of banking have laboured...…
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