10/30/2020 9:14:12 PM NerdWallet acquires Fundera, the go-to small business resource By Sarah Wolter Through this acquisition, NerdWallet will expand its financial guidance and financing options for small business owners, establishing a...
10/30/2020 7:13:06 PM One in Five Holiday Dollars Will Be Spent Online: Mastercard By Gareth Jones E-commerce, already on a tear before the pandemic, will capture one out of every five dollars spent in the U.S. this holiday season,...
10/30/2020 7:12:04 PM An Avalanche of Fraud Buried a Small-Business Relief Program By Gareth Jones Bloomberg explores how it seemed like everyone made a bogus application to the Small Business Administration’s Covid-19 Economic Injury...
10/30/2020 7:06:17 PM Europe’s Core Payments Network Disrupted by Technical Malfunction By Gareth Jones The European Central Bank blamed a software defect for a disruption to the region’s main wholesale payment system last week that left...
10/30/2020 7:04:38 PM This is Goldman’s bet to break into a $32 billion industry serving the world’s biggest corporations By Gareth Jones Goldman has just released software that allows clients to embed banking services into their own products as part of a push to break into...
10/30/2020 6:42:06 PM Getting down with the cool kids on bitcoin By Gareth Jones The Economist compares the "Blitz Kids", a mix of art students and urchins who frequented the Blitz wine bar in Covent Garden in the...
10/30/2020 6:27:45 PM Credit Karma in Talks to Sell Tax-Preparation Business to Square By Gareth Jones The deal could head off potential antitrust objections to Intuit’s $7.1 billion purchase of Credit Karma
10/30/2020 6:24:07 PM Could negative rates signal the end of free banking? By Gareth Jones The UK has carved out its own peculiar niche the “free in-credit banking model”. Current account customers at HSBC in the UK will look at...
10/30/2020 6:19:51 PM Lengthy era of rock-bottom interest rates leaving its mark on U.S. economy By Gareth Jones Aging populations, subpar productivity growth and a once-in-a-century global pandemic led the Fed earlier this year to return its...
10/30/2020 3:43:59 PM Brazilian payments startup Conductor raised $150m By Carlos Alonso Torras Sao Paulo based payments company raised $150m in a private funding round led by Viking Global Investors
10/30/2020 2:52:28 PM Finova raises $35m in Series C funding By Sarah Wolter India based lender to small and mid-size businesses raised $35m in Series C funding led by Sequoia Capital India and Faering Capital.
10/30/2020 2:36:06 PM Sigma Ratings announces Fitch Group as investor to drive expansion of its risk intelligence platform By Sarah Wolter Congratulations to portfolio company Sigma Ratings on the announcement of the new investment, which will be used to accelerate Sigma's...
10/30/2020 2:28:12 PM Goodcover raises $7.5m in Series A funding By Sarah Wolter San Francisco based provider of online insurance services raised $7.5m in Series A funding led by Goodwater Capital.
10/30/2020 2:26:55 PM Transcend raises $10m in Series A funding By Sarah Wolter New Jersey based provider of optimization software for financial firms raised $10m in Series A funding led by Nyca Partners.
10/30/2020 1:10:52 PM In a zero yield world, real estate investors turn to proptech for alpha By Sarah Wolter Today, institutional investors target just 2% of the available residential real estate market; that’s because in order to deploy capital...
10/30/2020 12:57:06 PM Alliance Data to buy fintech startup Bread for $450m By Sarah Wolter Alliance Data, which provides customer loyalty services and products like co-branded and private label credit cards, plans to offer...