Small-business owners trying to weather the coronavirus pandemic will face a financial blow that’s likely to be worse than what they...

Getting the $350 billion in loans for small businesses in the record U.S. stimulus package into business owners’ hands before a wave of...

These Fed “digital dollar” accounts would be set up as a way to speed payments to households that need support. As things now stand, the...

The House approved the largest stimulus package in U.S. history Friday as part of the response to the economic crisis. The package...

Jefferies analysts have estimated the insured cost of the Games at $2 billion, including TV rights and sponsorship, plus $600 million for...

Bankers hunkering down in vacation homes is resulting in a clash of worlds: the sound of barking dogs and wayward children has become...

On Tuesday, investors poured a record-breaking $1.5bn into an exchange traded fund run by BlackRock, a sum that represents about $2.3m of...

Users of portfolio company Dharma will be able to send and receive US dollars from anywhere in the world — all while earning interest,...

Morgan Stanley and Goldman Sachs were granted approvals to take control of their securities joint ventures in China as policy makers push...

As unemployment claims hit an all-time high, companies are considering ways to cut costs. Portfolio company Vestwell shares that advisers...

New York extended its lead over London to head Z/Yen Group's rankings of global financial centers on Thursday,. Z/Yen also said that New...

Profits climb sharply with help from sophisticated computer algorithms and strategies that take advantage of rips and dips; ‘a quarter...

The platform enables digital notarizations is adding 1,000 notaries to address demand as more Americans are ordered to shelter in place...

Communal surfaces are feared as potential sources of contagion, leading consumers to rethink a host of behaviors ranging from the way...

In 2018, the Office of the Comptroller of the Currency modified its policy encouraging banks to offer loans, typically in the...

Renaissance, Two Sigma and DE Shaw suffer unusual setbacks with average quant fund losing 14% this year per Credit Suisse estimate....

Fast-trading investors have made big profits during the market’s volatility, with strategies ranging from sophisticated computer...

As banks close their branches to help stop the spread of the novel coronavirus, N26 sees an opportunity to convert new users.

During the past 3 weeks, more than 130 companies in Europe and the US have drawn at least $124.1bn from their lenders. The true figure is...

Of all the shortages created by the coronavirus pandemic -- the toilet paper and the hand sanitizer and the bottled water -- the oddest...

San Francisco based one-click login and payments platform raised $20m in Series A financing led by Stripe.

San Francisco based credit card-as-a-payment-option raised $75m in Series D funding led by B Capital Group.

The current crisis will put many small businesses on life support. Karen Mills, who served as the Administrator of the SBA from 2009 -...

Bellevue WA based online and mobile marketplace raised $120m in venture funding led by OLX Group. As a part of the deal, OfferUp will...

Paris based fintech consumer financing startup raised €12.5m in venture funding led by Idinvest and Isai.

As the economy heads for recession induced by the coronavirus pandemic, and fintech startups brace for a potential...

The digital mortgage software provider Blend, which has 230 bank clients, has seen spikes in usage. The Blend platform sees between...

UK based rebate management solution platform raised $13m in Series A funding led by Menlo Ventures.

Germany’s Global Saving Group, the e-commerce content company, has acquired iGraal for €123.5m in a mixture of €35m in cash and the...

But with all employees working remotely, the exchange won’t be able to execute about a third of the trades that normally pass through its...

The NYSE had resisted closing down the floor—a key part of its brand and image—even as other exchanges around the U.S. and abroad had...

The traders who work there still handle certain critical processes, particularly the 4 p.m. closing auctions that determine end-of-day...

The facilities to be closed include the NYSE equities trading floor in New York, NYSE American Options trading floor in New York, and...

UK based corporate expense management solution raised €3m in Seed funding led by Earlybird’s Digital East Fund.

UK based distributed ledger technology (DLT) for national currency and business documents raised $6m in Series A financing led by Billon...

Chicago based consumer financing platform for college students raised $12m in Series A funding led by LexinFintech.

India digital alternative lender raised $50m in Series B funding led by LGT Lightstone Aspada.

India based B2B2C solution for the wealth management industry raised $2.6m in Seed funding.

Portfolio company Embroker prepared a frequently-updated FAQ to answer general questions, preparedness and response, workers’...

While staying the course is often the best route in times like these, that’s not necessarily an option for all companies. In instances...

46% of millennials say they prefer to learn about finance on a website, and only 25% would go to an in-person expert. A Gallup study...

Square, PayPal and other companies that process payments, make loans are bracing for a slowdown in retail GMV as covid keeps consumers...

Berlin based digital bank for businesses raised €18.5m in new funding led by RTP Global and HV Holtzbrinck Ventures.

As volatility and volumes spiked, the infrastructure underpinning digital coin trading creaked under the strain. Futures exchanges saw a...

Playtech’s poker and bingo businesses saw an increase in activity in recent days due to restrictions on movement imposed by governments....

U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have traveled to...

A key factor to flexibility has been the elimination of data entry bottlenecks; successful fintech startups are using document...

In the aftermath of last week's cryptocurrency market crash, the Huobi exchange has launched a liquidation mechanism that would pull the...

The coronavirus outbreak has belted mortgage lenders with a ripple effect the size of a perfect storm: record refinancing demand,...

For the 500 or so companies that make up Israel’s financial technology universe, the disruptions caused by the coronavirus present both...

An FT journalist's brief experience of joining the unbanked showed the challenges faced by millions

TransferWise is partnering with Alibaba-backed Alipay to enable instant transfers to China using 17 currencies. The move would help...

The FDIC (Federal Deposit Insurance Corporation) proposed a set of standards this week for how it would consider special charters to...

Mobile carriers are sharing data with the health authorities in Italy, Germany and Austria, helping to fight coronavirus by monitoring...

Atlanta based digital asset wallet has raised $300m in Series B funding led by IntercontinentalExchange.

Despite strong demand, questions arise about the system's interoperability, which currently allows individual account holders at...

In Mexico, Nubank is entering the market with credit cards and is additionally considering accounts and loans. In Brazil, Nubank started...

Matt Miller, Founder and CEO of portfolio company Embroker, explains what small businesses are up against when filing claims relating to...

Despite feeling strongly about the environment and other causes, most millennials have never heard of, or don’t fully understand, ESG...

A surge in economic sanctions and a tangled web of international blacklists are overwhelming in-house compliance staffs and lifting the...

In 2009, global carbon emissions fell to 31.5 gigatons from 32 gigatons, but as the global economy recovered, emissions jumped to 36.8 Gt...

Socially responsible investing, which has become a feature of the financial landscape and a $30 trillion-plus industry, came of age long...

Salary Finance, a London-based startup focused on salary-linked savings and loans for employees, has acquired Goldman Sachs-backed rival...

San Francisco based retirement plan provider for SMEs raised a $40 million Series C round led by Oberndorf Enterprises LLC.

Paris based insurance pricing SaaS startup raised €8m ($8.9m) in a Series A funding round led by BlackFin Capital Partners and MTech...

A new California state law passed this year capped interest rates for some consumer loans at about 37% a year. But OppLoans is charging...

New York based digital challenger bank focused on small businesses raised $21m in Series A funding led by Battery Ventures. 

Austin based supply chain tech and compliance startup raised $17.5m in Seried B funding led by Edison Partners. 

The startup, formerly Perch, is sprinting towards its goal of having a fully integrated home buying and selling platform, from title and...

If things continue like the past few weeks, it may be a little tough to prove the case for ESG investing based on stock market returns...

Many fintech companies are experiencing a market slump for the first time. These companies, including portfolio company MoneyLion, are...

New Haven, Connecticut based patient engagement, communication, and payment platform raised a $3.5m funding round led by Healthy Ventures.

San Francisco based POS and payments startup focused on SMBs raised a $50m Series B led by 01 Advisors.

Los Angeles based digital challenger bank raised $50m in Series B funding led by CapitalG, Alphabet’s independent growth fund.

San Francisco based rental platform raised $60m in Series D funding led by e.ventures. 

London data-sharing platform for the insurance industry raised $2.8m in Seed funding co-led by IQ Capital and Mundi Ventures. 

Utah based healthcare pricing SaaS startup raised $8.25m in Series A funding led by Menlo Ventures. 

Seqouia has given up its ownership citing a conflict of interest with Stripe. Stripe did not ask Sequoia to walk away from Finix — that's...

Texas based agricultural commodity blockchain platform raised $8.2m in Series A funding led by Medici Ventures, the investment arm of...

London based rental management platform raised £10m in Series B funding co-led by Finch Capitaland Latitude Ventures. 

Robinhood customers were locked out of trading for the second time in a week as stocks were routed Monday morning.  The company may...

Trading was halted in the U.S. for the first time on Monday after hitting the circuit breaker triggered by a 7% decline.  Circuit...

Seattle based platform to automate and manage cloud expenses raised $3.3m in Seed funding led by Amplify Partners and Pioneer Square...

Winning over conservative Muslims in the world's most populous Muslim-majority country is both a challenge and multi-billion dollar...

Robinhood, the stock trading app, faces its first lawsuit after outages on Monday and Tuesday locked out its 10m users during sharp...

Walmart’s Indian payments service went down late Thursday after India’s central bank seized control of Yes Bank and froze transactions...

The StoneCo CEO says his success with payments was just a ‘Trojan horse’ as the company now prepares to distribute insurance and credit...

On average, the US Federal Reserve distributes $34b in paper notes every year. The Fed has begun quarantining physical dollars that it...

In typical cockney slang tradition, one should only use the first half of the term. Used in a sentence, it will be something like, “Oi,...

Consumers increasingly want (and expect) on-demand access to their money. Mastercard with portfolio company MoneyLion want to facilitate...

Cards ranked the highest with a germ score of 1,206, followed by CitiBike, Cash, and a Park Bench. The lowest was surprisingly the NYC...

The People’s Bank of China arranged to allocate nearly 600 billion yuan ($86b) of new banknotes. Money removed from high-risk sites such...

The technical problems come amid the market’s attempt at a rebound on Monday from the worst week for stocks since the financial crisis....

India based startup lender for foreign-bound Indian students raised $5.5m in Seed financing led by Sequoia Capital India. 

Details on the deal were not disclosed, but Reuters reported the stake to be less than 1% and a "slight uptick" from the last round,...

The country’s highest court today quashed a 2018 central bank order barring lenders from dealing with crypto  exchanges. The supreme...

San Francisco based spend management platform raised $23.5m in Series A funding led by Bain Capital Ventures.

Boston based family finance app raised $5m in latest venture round from Moneta Capital and Needham Bank.

San Francisco based challenger bank raised $20m in Series A funding led by Icon Ventures and Defy Ventures. 

New York based investment workflow and events insights platform raised $7m in Series A financing led by Fin Venture Capital and Macquarie...

London based cloud platform powering banking services raised $83m in Series B funding led by Draper Esprit.

The coin’s creators have tried marketing it as a “2019-nCoV relief effort,” the website shows, by claiming that around 20% of the supply...

With the fed cutting interest rates to try and counteract the economic impacts of coronavurius, mortgage rates have fallen to their...

Store locations will likely result in less walk-in business for MoneyGram, which accounts for 78% of revenue. MoneyGram FastSend is a...

Innovate Finance

has published its annual list of women shaping the future of finance. Congrats to Gabrielle Haddad, COO and Co-Founder...