Globalizing Fintech In Action: A Discussion With David Vélez At Nubank
David Velez, founder and CEO of decacorn Nubnk, discusses the origins and growth story of his company - which now reaches over 12 million...
David Velez, founder and CEO of decacorn Nubnk, discusses the origins and growth story of his company - which now reaches over 12 million...
Morgan Stanley put out an interesting note in recent days which broadly outlined a handful of stocks to buy given their robust exposure...
KPMG surveyed 91 financial-technology companies in the U.K., including nine where at least one founder was a woman.
“While the number of female founders or co-founders is low, the fact that they typically achieve a higher rate of return is a clear vote...…
New York based residential refinancing platform raised an $11m Series A led by Edison Partners.
With a low supply of new single-family homes, affordability is a concern for many home buyers in the US. The online real estate finance...…
Portfolio company NextCapital will provide Ascensus with technology to provide more personalized, digital financial advice to employees...
Zurich based banking startup has raised a $40m equity financing at a valuation over $1b from unnamed investors.
A Zurich-based fintech firm whose investors include Josef Ackermann has raised additional money to value the company at more than $1...…
New York based office leasing startup has raised $400m in financing at a $1b valuation led by Wafra.
Knotel, a New York-based startup that designs and operates bespoke spaces for brands, raised $400 million in funding at a valuation of $1...…
After limited beta testing, the Berlin based digital challenger bank is now launching in the US with open registration. It has also...
R3 is one of the more prominent ventures in the blockchain space having raised $120m to fund its middleman-cutting creation, counting...
New York based digital home mortgage lender raised $160m of Series C capital led by Activant Capital with participation from Ping An,...
With the Apple Card, Apple has created a credit card that lives entirely on your iPhone. Business Insider reviews some how this can...
Santa Monica based smartphone digital lending company for emerging markets has raised $110m in a Series D round led by RPS.
On it’s website, Tala claims that “anyone with an Android smartphone can apply for a loan and receive an instant decision, regardless of...…
Despite the retrenchment by normal financial institutions such as banks, 94% of fintech companies in the Lion City are eyeing workforce...
The online small business lender currently manages a loan portfolio of $3bn in the UK, $1bn in the US, and $175m in Germany. ...
Slack is the second big brand name in tech (after Spotify last year) to choose the 'direct listing' route to the market averaging fees of...
Accenture's analysis of CB Insights Data showed the total value of fintech deals globally in the six months ended June 30 was $22...
New York City based provider of fixed income market data aggregation services raised an undisclosed amount of funding from NEXT Investors...
Los Angeles based provider of crypto mining hardware and software raised $2.5m in Seed funding led by M13 Ventures.
The company plans to hire engineers with the capital. This team will build new features and expand the option to mine more...…
JP Morgan Chase is forgiving all outstanding debt owed by users of its two Canadian credit cards to complete its exit from the Canadian...
Back in 2014, JPMorgan’s Jamie Dimon warned that Silicon Valley was coming to eat the banks’ lunch. In this FT article is becomes...
This year Asset Managers have bought stakes in ESG businesses, created internal ratings tools and hired specialists to gain a foothold in...
A recent run-up in the price of bitcoin has been attributed to many factors: aggressive monetary easing by central banks, plans by...
Commercial card use in the US is rising dramatically, with spend volumes of $504.7B in 2018 projected to grow to $847B by 2022 driven by...
Google will grow its existing 7,000-person workforce in New York City to more than 14,000 citing that "New York City continues to be a...
Almost 30,000 lay-offs have been announced since April at banks including HSBC, Barclays, Société Générale, Citigroup and Deutsche Bank.
Bank executives are under pressure from investors to cut costs and protect profits. Since long-term US interest rates began to fall in...…
Barclays has cut ties with digital currency exchange Coinbase, forcing Coinbase to look elsewhere for a U.K. partner and temporarily...
Why do banks charge so much for international transfers? As Bloomberg points out, it’s not like they need to move a sackful of dollars...
Six local firms are collaborating to create a blockchain platform for the trading of unlisted securities as a way to make transactions...
London based provider of a platform for landlords to offer "deposit-free" renting to tenants raised $11m in Series A funding led by Index...
The Dubai International Financial Centre (DIFC) says that the number of licensed fintech firms has gone from 35 to more than 80 in H1...
Portfolio company Artivest announced this week that Martin Beaulieu is becoming the company's Executive Chairman and CEO, and that James...
On Monday the system that feeds real-time data feeds to data providers and is used to calculate index values, experienced a processing...
VC firm Village Capital, MetLife Foundation, and PayPal, among others, have collaborated to launch "Finance Forward," a joint venture...
UK based provider of technology that helps global financial institutions manage private asset offerings raised £3.3m in funding led by...
According to a CB Insights research report, Latin America became one of the fastest-growing regions for fintech VC investing. In Q2 2019,...
More than 80% of China's 6,200 P2P lenders [since 2015], have either been shut down or troubled, according to Shanghai-based researcher...
Arlington, MA based provider of software tools that help banks serve real estate owners and property managers raised $6m of outside...
According to data from portfolio company TradeBlock, when analyzing the returns of Bitcoin, the S&P 500, and gold using the Sortino...
China based provider of mobile payment services raised $20m in funding led by Sequoia Capital China and Matrix Partners.
QFPay is the largest global partner of WeChat Pay and Alipay, enabling them to process payments to merchants around the world. Founded...…
China's central bank announced at the China Finance 40 Group meeting this week that the country will soon release its central bank...
Coinbase released a detailed report of an attempted phishing attack that occurred in May 2019, and the sophistication of the attack...
London based provider of an online marketplace for property finance raised £200m from National Australia Bank.
This new funding expands LendInvest’s capacity to lend in the ‘Buy-to-Let’ market in the UK, as underscored by co-founder and CEO,...…
Fintech firms enabling "buy now, pay later" services are on the rise, highlighted by Klarna's recent $5.5b valuation. Clever marketing...
Austin, TX based financial services platform for freelancers and entrepreneurs raised $2.6m in Seed funding led by PTB Ventures.
Led by Lamine Zarrad, founder and CEO, Joust allows freelancers, sole proprietors, and small and midsized businesses in the United States...…
CapitalTech's efforts to expand its portfolio of financial solutions took another step by acquiring Mexico based crowdfactoring platform...
India based provider of an online marketplace for gold loans raised $30m in funding led by Bertelsmann India Investments.
Rupeek claims it is currently disbursing gold loans at an annual run rate of more than $150 million and is growing 20 percent...…
The Fed announced "FedNow," a real-time retail payment infrastructure, that will be available in 2023 or 2024. FedNow is expected to add...
The FT reports on an alarming trend in the US through the story of Suzan Benge, a 73-year-old who has maxed out her credit card and...
Divvy, the Utah based provider of spend and expense management technology, and Credit Suisse, the Swiss banking giant, announced a...
Following the announcement of £31m of losses over the first half of 2019, Funding Circle co-founder and U.K. chief James Meekings will...
The SEC alleges that Kik's $100m token sale was illegal, but Kik this week filed a lawsuit against the SEC alleging the SEC is “twisting”...
Many of Sweden's most successful startups are now headquartered outside of Sweden or have been acquired by foreign companies. So can or...
India based provider of working capital to micro, small and medium-sized enterprises raised $30m in Series D funding from Fullerton...
Across rugby and soccer, the trend of borrowing to pay for tickets is on the rise, with the quantity of loans doubling in the past 12...
New York based provider of a corporate charge card tailored for startups raised $7m at a pre-money valuation of $25m from Founders Fund,...
South Korea based provider of Toss, a simple and frictionless P2P money transfer service, raised $64m in funding led by Aspex Management,...
Austin, Texas based provider of accounting automation software for SMEs raised $60m in Series C funding led by Coatue Management.
The six-year-old company is growing rapidly and says it needs the capital to keep up with demand. Evidence of that growth can be seen in...…
Los Angeles based provider of health care insurance plans customized to customers' needs raised $18m in funding led by GreatPoint...
The Wall Street Journal reports that regulation aimed at improving rating quality has instead likely hurt it - competition has led...
Norway based provider of medical insurance for gig-economy workers working outside of their "home country" raised $3.5 in Seed funding...
Square's Cash App has become the go-to money transfer service in the lyrics of some of the world's most famous rappers and musicians. The...
New York City based provider of technology and infrastructure for the online lending industry raised $5m in Series B funding led by...
Kansas City, Missouri based provider of a marketplace for working capital raised $200m led by the SoftBank Vision Fund.
“We invested in C2FO because we think their disruptive innovation offers a solution to an industry that has traditionally lacked...…
New York City based online mortgage broker raised $8.5m in Series A funding led by Prudence Holdings.
[Morty co-founder Nora] Apsel said that “As well as having a digital platform that automatically verifies and underwrites people so that...…
The Monetary Authority of Singapore announced a new option for their fintech sandbox - "Sandbox Express" - which will allow companies to...
The Financial Conduct Authority (FCA), the financial services regulator in the U.K., has now approved Robinhood as a broker in the U.K.,...
San Francisco based PayJoy plans to launch in Brazil by late 2019, at which point it will assist low-income consumers in obtaining credit...
Munich, Germany based provider of digital wealth management raised €25m in Series C funding from existing shareholders BlackRock, HV...
Australia based provider of protection against payment fraud in the B2B sector raised $2.5m in funding led by Our Innovation Fund.
Co-founder and CEO Mike Kontorovich says: “Cybercrime targeted at businesses is fuelled by a perfect storm of e-mail usage, social...…
Vienna, Austria based provider of regtech for global business verification and KYC raised fresh funding from UNIQA Ventures and Elevator...
Grayscale announced that Coinbase Custody would be the new secure custody provider for Grayscale's $2.7b AUM. Grayscale previously used...
Jacksonville, FL based provider of B2B payments as a service raised $2.45m in Series A funding led by Aspire Fund Management.
Kerwyn Valley, Managing Director at Aspire Funds, also commented: “We are excited to expand our reach and portfolio profile through...…
At the NASCAR Xfinity Series race at Watkins Glen International this past Saturday (August 3rd), driver Austin Cindric guided his...
Germany based provider of online and mobile payment processing services has agreed to sell a majority stake to KKR for more than €600m.
“We see enormous growth potential both organically and through M&A across Europe,” said KKR’s Daniel Knottenbelt. “We will draw on our...…
Argentina based digital bank Brubank sold 15% of the company to Canadian billionaire David Thomson. Brubank will use the funds to...
In a deal valued at $265m, Fox Corp has agreed to purchase a majority stake of Credible Labs, the San Francisco based marketplace for...
San Francisco based provider of a cryptocurrency derivatives exchange and trading platform raised $8m from Proof of Capital, Consensus...
San Francisco based provider of software to help small businesses build their own retirement plans raised $15.4m in Series B funding led...
Denver, Colorado based provider of cashback and rebates for in-store and mobile purchases raised a Series D round led by Koch Disruptive...
Chicago based commission-free broker raised $20m from Tastytrade, Inc., and will operate as a wholly owned subsidiary of Tastytrade.
With the backing of tastytrade, Dough has the fintech expertise of tastytrade’s co-CEOs Tom Sosnoff and Kristi Ross. Last summer,...…
Hong Kong based provider of a financial management platform for banking and insurance products and services raised $20m in Series B1...
Swedish based provider of payments solutions raised $460m, at a post-money valuation of $5.5b, led by Dragoneer Investment Group.
Klarna’s European presence is strong, based on the back of its credit card-alternative payment method, which allows customers to pay over...…
New York City based cryptocurrency lender raised $18.3m in Series A funding led by Valar Ventures.
According to the report, BlockFi was the first company to receive institutional funding for crypto-based loans in United States dollars,...…
India based provider of loans to small and medium-sized businesses, as well as an online lending marketplace, raised $21m in Series C...
Mastercard announced that it is paying €2.85b for a majority stake in the corporate services group of Nets, the Danish provider of...
Germany based provider of a digital platform for business banking to SMEs raised €8m in funding led by HV Holtzbrinck Ventures. The new...
San Francisco based provider of charge card services to startups has achieved a value of $2.6b in just two years, after realizing during...
Blackstone is poised to double the value of its investment in Refinitiv in just 10 months, but won’t be able to sell down completely for...
Customers who pay for its £12.99 monthly “metal” subscription service will be able to buy and sell US stocks from Thursday. Revolut’s...
A new breed of digital brokers is taking on the handful of Brazilian institutions such as Itau Unibanco. Backed by investors such as...
Critics argue that these digital upstarts are surging thanks to a small number of novel features that older banks will copy, if they...
Enterprises such as Ram Thapa's (a beauty shop and fast-food outlet) with combined annual turnover of 19 million rand (~$1.3 million) but...
Ipagoo, which offered online multicurrency accounts, has collapsed into administration just days after the UK financial watchdog ordered...
Japan’s 7-Eleven convenience stores, said it would close its 7pay smartphone payments service after it was hacked, dealing a blow to the...
Portfolio company TradeBlock announced that stablecoins launched atop the Ethereum blockchain are growing better than Venmo
The New York company measured and combined the volumes of five Ethereum-based stablecoins – Dai, Gemini Dollar, Paxos, USD Coin, and...…
Jason Guss, co-founder and CEO of portfolio company Octane Lending, will be featured at a panel during the upcoming PowerSports Finance...
Daniel Gorfine, the director and chief innovation officer of LabCFTC, is leaving the CFTC to pursue a private sector job after having...
Indonesia’s Financial Services Authority, known as OJK, has shutdown 826 fintech startups so far in 2019 for operating without a license....
UK based provider of regtech services to map and monitor risks raised $5.5m in Series A funding led by IQ Capital.
“FNA set out to make the global financial system safer and more efficient through better, data driven, understanding of the...…
Singapore based provider of online lending to SMEs raised $32.5m in Series A funding led by MassMutual Ventures Southeast Asia.
Co-founder and CEO Andrea Baronchelli tells TechCrunch that about 1,000 business accounts are opened each month on Aspire and that the...…
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