How the mighty Goldman has fallen
A dollar invested in Goldman in 2010 would be worth just $1.60 today. A dollar wagered on the s&p 500 would be worth $3.60, and on...
A dollar invested in Goldman in 2010 would be worth just $1.60 today. A dollar wagered on the s&p 500 would be worth $3.60, and on...
Following the FT reporting that Uber and DoorDash discussed merging last year, it seems like the Vision Fund will encounter several...
Following Tesla posting positive earnings, the Starling project coming together, and SpaceX nailing its commercial crew flight test Musk...
She runs mega-bank Santander; he’s a top deal-maker. She offered to make him the best-paid CEO of any bank in euroland. It didn’t happen,...
Goldman had been working with Nutmeg, a UK based online wealth manager, to launch a product ahead of the UK's “Isa season” this spring....
The EU has explicitly linked the City of London’s future market access to Britain giving ground on fish. Ireland’s prime minister Leo...
In a sign of a maturing asset class for crypto, the exchange has taken out the largest insurance policy to-date in the space - protecting...
Washington D.C. is the most expensive city to launch a company in the US, with a yearly cost of $145k, while Tucson, Arizona was the...
More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit...
On the eve of Brexit, UK fintech startups are prepped for battle after a record yer of investment, making up over 50% of European capital...
Tearsheet sat down with CEO of portfolio company Extend to discuss his past experience at Amex and the future of B2B payments with his...
Fintech is at the core of the European tech revolution, with financial centers like London alone accounting for 18 fintech unicorns....
In another record breaking quarter, the cryptocurrency lender issued over $1bn worth of loans and saw high international demand....
tZERO, owned by online retailer Overstock, currently only has two tokens listed on its exchange and one broker dealer - but believes it...
Time Martin's JD Weatherspoon is holding a promotion Friday that reduces the price of drinks including beer from Germany, vodka from...
U.S. banks would be able to take large ownership stakes in venture capital funds under proposed rules unveiled by the Federal Reserve....
New York based online insurance marketplace raised a $100m Series D round led by KKR.
“The company has reached an inflection point where it made sense to throw the proverbial fuel on the fire,” Fitzgerald, a Policygenius...…
London based digital receipts startup raised a strategic extension from Barclays, one month after it raised a $7.5m Series A round.
Ruchir Rodrigues, Barclays' global head of digital & platforms says: “Flux’s innovative technology provides a practical and...…
Brad Garlinghouse, Ripple CEO, expects crypto / blockchain IPOs to over the next year, and hinted Ripple would be early in that pack...
Salt Lake City based data analytics platform for private investors, raised a $10m Series A round led by SVB Financial Group.
"SVB is the ideal lead Series A investor for our company. With SVB's support, we're even better positioned to expand our offering and...…
San Francisco based tech-enabled insurance broker raised a $27m Series B round led by Mubadala Capital.
Fichtner told TechCrunch that Gabi was able to raise because its “unit economics are so great.” The CEO went on to say that Gabi has...…
Leveraging its partnership with ACH Colombia, Minka's blockchain-based cloud cloud platform represents a major milestone in disrupting...
San Francisco based identity verification startup raised $17.5m in Series A funding co-led by Coatue Management and First Round Capital.
“Digital identity is one of the most important things to get right, but there is no silver bullet,” Song, who is the CEO, said in an...…
Boston based real estate investment and management platform raised a $3m Seed round led by Greycroft.
“When homeowners are ready to move, they traditionally sell their home, and lots of them look back at properties they used to own and...…
London based financial services API raised a $4m Seed round from Lightspeed, Founders Fund and SciF VC.
“We are also better because we have the incentive to really care about our users and mean it. Plaid has rolled up the market by buying...…
London based foreign exchange payments automation platform raised a $80m Series E round co-led by Visa and SAP’s venture arm Sapphire.
“Their end-user customers, for the most part, will never see that we’re there,” Laven said. “We’re a piece of embedded finance in the...…
Sam Bobley, CEO of portfolio company Ocrolus, discusses how API-driven infrastructure providers are enabling SaaS companies to transform...
Former CEO John Stumpf agreed to a lifetime ban from the banking industry and the fine for his role in leading the bank through its...
"Everyone is a genius in a bull market" but Warren Buffett instructed the trustee of his estate to put 90% of the cash he is leaving...
Tech giants and government officials discussed the future of cryptocurrency to the World Economic Forum, arguing over whether providing a...
Such a tax could also conceivably create another source of federal revenue in an economy governed by more machines and fewer workers...
New York Mayor Bill de Blasio wants to protect blue-collar jobs by issuing a robot tax for corporations displacing humans, and create a...
Gates wonders what proportion tax revenue should a state raise from each of the three main tax bases; capital, labor, and expenditure?...
A week after Visa bought Plaid for an eye-popping $5.3 billion Tink (the Plaid of Europe) has raised €90m from Dawn Capital, HMI Capital...
Nigeria based API payments startup for Africa has raised a $35m Series B round led by Greycroft with participation from FinTech...
Experts predict they will face an uphill struggle to capture share in one of the planet’s most sophisticated financial industries, but...
Four years ago Matheus Pereira was taking his final exams at Wharton business school. Today he reckons he is responsible for 3% of US...
About 40m consumers who have fallen behind on their bills or have rising debt levels could see their credit scores fall significantly...
PYMNTS interviewed Sam Bobley, CEO of portfolio company Ocrolus, to discuss how the Open Banking mandate can be achieved with the...
Charlotte based provider of accounts payable (AP) and payment automation solutions for the middle market raised $260m led by TPG.
“We’re shaping the future of the B2B payments industry by fundamentally changing the way businesses pay their bills, providing a single...…
France based mobile payment app raised a $45m Series B round (€40m) led by Tencent.
The company has managed to attract 3 million users in France. More impressive, 25% of French people between 18 and 30 years old have a...…
London based unding-as-a-Service platform for SMBs raised £32m led by FTV Capital.
“Small businesses are the lifeblood of the global economy, yet they continue to be turned away by banks and traditional lenders or faced...…
Germany based supplier discovery platform raised $60m in Series B funding led by Atomico.
France based B2B challenger bank has raised a $115m Series C round led by Tencent and DST Global. .
Moving from one back end to another requires some input from customers, which explains why there are still some customers using the...…
Munich based HR software for SMBs raised $75m at a $500m valuation led by Accel.
Companies like SAP and Oracle “will always be focused on the enterprise space, the BMWs of the world,” said Renner. “We are trying to...…
Sweden based open banking platform raised €90m in new funding at a post-money valuation of €415m co-led by Dawn Capital, HMI Capital and...
Berlin based landlord and tenant management and payments platform raised a €11m Series A round with funding from Capnamic, EQT Ventures,...
India based provider of revenue growth software for FMCG businesses raised a $6m Seed round led by Sequoia India.
“Demand-supply interactions are becoming very unpredictable and vulnerable, resulting in huge lost revenue opportunity. This trend will...…
Congratulations to portfolio company Plaid on its $5.3b acquisition by Visa! This is a landmark exit for the fintech ecosystem. We've...
Thailand based global remittance protocol raised a $31.2m Series A led by a conglomerate of Asian financial institutions.
“It’s vital that we build an ecosystem to provide Lightnet access to our partners’ vast user base and facilitate deeper penetration into...…
The Bank of England has urged City firms to accelerate their efforts to abandon the scandal-ridden Libor financial benchmark and...
A number of advisors quizzed for this article feel that Visa's acquisition of Plaid will allow Quovo (acquired by Plaid) to plug into...
Houston-based working capital optimization software raised a $125m Series B round from ICONIQ Capital at a $1b valuation.
“For example, if you bill your customers, the average time to get paid from the time of billing is about 45 days,” he said. “We use...…
Oakland, CA based online marketplace for investing in single-family rentals raised a $50m Series D equity round led by SVB Capital.
“Roofstock makes it easy for anyone, no matter where they live, to add real estate to their investing strategy, with minimal overhead and...…
Returns this high were no longer supposed to be possible! After the GFC many banks’ returns on equity looked more like utility companies....
San Francisco based data security provider received an undisclosed investment from Visa. This round follows a $35m Series B led by...
US banks have, from time to time, tried to prevent Plaid from accessing customer data, citing the need to ward off potential damaging...
The Information provides us with some wide ranging predictions for what a world full of nearly 50-year-old millennials will look like.
Before diving in, one note on the format of these predictions: Having read a lot of the forward-looking thematic pieces by venture...…
Predictions range from a renewed interest in blockchain, to data privacy between the US and China (namely through TikTok) and the 5G...
Financial-data firm Yodlee might be selling consumers’ personal financial data without proper consent. Three lawmakers have asked the...
Given ARK’s estimate of 220 million digital wallets in the US by 2024, if every user were to be valued according to the lifetime value of...
Boston based insurance automation startup raised $23m in a Series A led by MTECH Capital and Viola Fintech.
Zacharia, formerly of Gartner, came up with the idea for Insurify after she had an accident years ago. Following an unsatisfying...…
The Marcus portal, which lets customers check balances and set up recurring transactions, will one day serve as the bank's storefront and...
Goldman’s consumer push is growing fast. Deposits on Marcus more than doubled from $24b at the start of 2019 to $60b at the end, and...
CEO of Minka, Dom Rozic, and Fintech Collective's own, Sean Lippel, discussed the LatAm payments opportunity. Sean reflecting on the...
In collaboration with ConsenSys and Treum, every auctioned item will be authenticated with a transparent audit trail of product history....
In the interview series "How We Made It In Africa" Olugbenga Agboola (GB), CEO of portfolio company Flutterwave, discusses his optimism...
The cutting edge rTrees project has been announced---a virtuous donation dapp powered by DeFi that plants real trees using only the...
Multicoin Capital's Beijing based partner Mable Jiang believes China is looking to leverage the rise of cryptocurrency, including both...
Former CFTC Chairman Giancarlo has created a multi-part plan and a non-profit group to create a design proposal, in conjunction with...
Sam Bobley, Co-founder and CEO of portfolio company Ocrolus, spoke with fintech podcast show host John Siracusa.
In this episode I chat with Sam Bobley, Co-founder and CEO of Ocrolus. Ocrolus analyzes financial documents, regardless of format and...…
Shopify Capital has advanced more than $750m in loans since its launch in 2016. The new starter loan does not require a credit check or a...
Built in NYC's annual list includes portfolio company Reonomy in the top 10 of the 100 Best Places To Work In NYC 2020 list.
What people are saying "Every morning, I’m genuinely excited to come to work. Even the challenges we face are exciting, each one...…
India based challenger banking platform has raised $13.2m in its Seed round led by Sequoia India and Ribbit Capital at a $50m valuation.
“When we were building Google Tez, we realized that a consumer’s financial journey extends beyond digital payments. They want insurance,...…
India has more than 560m internet users and soon they’ll have an unprecedented amount of control over their digital financial footprints....
Boston based commercial insurer raised $32m in Series B funding led by Telstra Ventures.
“Commercial insurance is one of the last industries to fully embrace data science and digital tools as a means to improve user experience...…
Technology is completely redesigning finance from the smartphone user’s perspective. Some $17tn of transactions were conducted online in...
Portfolio company Plaid interviewed by CNBC talks about its integrations with thousands of apps and helping consumers develop a complete...
Currency firm still offline as hackers demand $3m to stop release of customers’ data. Staffers have had to write out paper invoices for...
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