Argentine Fintech Chamber reports that use rates for mobile wallets have increased 120-800%, mostly since the start of the COVID induced...

Portfolio company Ocrolus has built out it's tech ranks.  Joining the team are CTO Pieter Nel, who helped develop the world's first...

Countries and corporations are tapping a growing corner of the $100 trillion global bond market with designated ‘social’ and...

COVID-19 has added a challenge for digital banking, demanding more robust cybersecurity technologies and an urgent need to improve...

The Central Bank of Argentina (BCRA) is testing a new blockchain-powered clearing system that could be used by some of the country's...

The new round of funding for the Paycheck Protection Program, which includes $60 billion for smaller businesses, excludes non-depository...

The state of critical smart infrastructure is the single most addressable factor between the divergent paths of communities in the US....

FormFree®, a leading credit decisioning service for lenders and brokers, announced a partnership with portfolio company Ocrolus, a...

To buy, you must have a membership to trade directly on this market. According to CMEGroup, which owns the exchange, you must be “an...

While CME doesn’t specify how much money it makes from individual contracts, UBS analysts estimate that about 14% of its revenue this...

China’s central bank has introduced a homegrown digital currency across four cities as part of a pilot program, marking a milestone on...

Drones facilitating M&A transactions would be a new application. The closest thing in finance has been hedge funds gaining an...

Instead of just lending people money to buy homes, companies are now co-investing with them — in other words, taking an ownership stake...

The digital banking start-up, which has 4 million customers in the UK, applied to the US Office of the Comptroller of the Currency for...

According to the latest forecast by the World Bank this would be the largest single-year decline in remittances in the past century. The...

UK-listed insurers Hiscox and Beazley have given their first estimates of the scale of potential claims from coronavirus, which could be...

Dallas, Texas based digital life insurance provider raised $50m in Series B funding led by Valar Ventures. 

North Carolina based provider of accounts payable solutions for the middle market has raised $128m a Series F extension round from a...

Singapore based digital consumer insurance startup has raised $8.2m Series A led by InVent.

TechCrunch reveals that Google considered and designed a feature that would let people donate money to websites to help support news...

Following recent price manipulation that have led to DeFi hacks, and with over $1bn currently sitting under protocol, Coinbase has...

Portfolio company Dharma has launched a new product feature that allows Twitter users to accept digital payments in US dollars. The smart...

On Thursday, the House passed the newest federal stimulus package aimed at providing financial relief for businesses and institutions hit...

The SBA issued new guidance on Thursday making it less likely that big publicly traded companies can access the next round of funding for...

The world’s largest social media company announced the purchase of almost 10% of JIO, whose cut-price mobile internet service has...

France based health insurance startup raised $54.4m in Series C funding led by Tamasek.

New York based automated advisory service for wealth management is adding FDIC-insured checking and savings account services through...

Indonesia based P2P lender raised $40m in Series C funding from undisclosed investors.

San Francisco based HR startup for global employment raised $11m in Seed funding led by Two Sigma Ventures.

Tearsheet interviews portfolio company Ocrolus' Nicole Newlin, VP of solutions. Nicole is also NYC Fintech Women's newest board member...

San Fransisco real-time finance dashboard for startups raised $22m in Series B funding led by GV.

Given the speed at which the initial disbursements were made, the following statistics help understand the magnitude of the coverage and...

With more than 2 million cases reported globally and 130,000 deaths, bond payoffs had yet not been triggered. The missing criteria,...

Banks are joining forces in Brazil, Mexico and Peru to develop instant payments systems that work cheaply and effectively across a wide...

The coronavirus outbreak could drive financial inclusion in Latin America, as governments look for agile partners to distribute state aid...

Percent change compared to the week of March 2, 2020. Some examples (fixed internet speed change / mobile internet speed change): Italy...

The Google card and associated checking account will allow users to buy things with a card, mobile phone or online. The card will be...

Few Asian banks will be able to make loans this year using new rates designed to replace Libor benchmarks, leaving them facing a scramble...

Santander has launched a standalone offering, which is free for two months to attract customers, including those affected by the...

This latest funding — its largest to date by a large margin — is coming from a number of its existing investors, including Andreessen...

The initiative to give away 15,000 SIM cards with free wireless plans to the 56% of Mexicans who will feel the impact of COVID-19 most....

Only a handful of fintech companies have been approved as SBA lenders and before they were approved, could still participate, but only as...

Portfolio company Extend's partnership with City National to be its virtual card distribution platform was a highlighted partnership....

The Chancellor pledged £5bn towards speedy broadband in rural areas. The government also announced a £510m investment into 4G coverage.

Utah based payroll software for SMBs raised $10m in Series A funding led by Origin Ventures and SIgnal Peak Ventures.

Germany based no fee brokerage app raised $67m in Series B financing co-led by Accel and Founders Fund.

A great read from Bloomberg on the crash of the $8.5 billion global trade in cut flowers. It shows shows how quickly and distinctively...

UK Finance, the industry body for UK lenders, has warned self-isolating people to beware of fraudsters looking to steal their money with...

Thousands of interns might have a dramatically different summer than they imagined, as investment banks like JPMorgan Chase consider...

Henry Ward, CEO of Carta lays out in a Medium post the facts behind laying off 161 people, the moral conflict and how they decided how...

The talks come as Carta is firing employees, making it the latest technology startup to shrink its workforce during the coronavirus...

21m Americans remain without any broadband connection at all and it is especially a problem in rural areas: the Pew Research Center...

London based virtual identity verification platform raised $100m in Series D funding led by TPG Growth.

India based API infrastructure provider for fintech raised $15m in Series A financing led by Falcon Edge and Lightspeed Venture Partners.

London based credit scoring through open banking raised £5m in Series A funding led by  AlbionVC.

Washington, DC based student loan wellness platform raised $6m in Series A financing led by Nyca Partners.

An Indiana man awaiting his $1,700 stimulus payment said he checked his balance at an ATM and instead discovered a mysterious sum of $8.2...

FrankChegg, a public edtech company, took part in. According to Frank founder and CEO Charlie Javice, previous investors Aleph and Marc...

India based property rental and buying marketplace raised $30m in a Series D extension led by General Atlantic. 

London based invoice factoring technology startup raised $11m in new funding led by Reefknot Investments and Mastercard.

London based insuretech claims management startup raised $2.5m in Seed funding led by Amadeus Capital Partners.  

Berlin based mobile tax filing app raised $65m in Series C funding led by Index Ventures.

Australia based cross-border financial startup raised $160m in Series D financing led by ANZi Ventures and Salesforce Ventures.

Menlo Park, CA based personal finance and brokerage startup is raising $200m of additional capital at an $8b valuation led by Sequoia...

Tel Aviv based financial institutions-focused security startup raised $145m led by Bain Capital Tech Opportunities.

New York based student financial aid platform raised $5m in an interim strategic round led by Chegg. 

As of Thursday morning, the SBA says it’s “unable to accept new applications for the Paycheck Protection Program based on available...

Axios hosted a virtual event on how businesses and financial institutions are preserving consumer privacy while navigating the transition...

This week, the government took the first steps to broaden PPP distribution channels with the addition of non-bank lenders including...

Fintechs will help transfer a total volume of resources of R $ 5b destined for working capital for SMEs, giving them a crucial role in...

PayPal and Intuit are among the first non-bank, fintech companies to be approved for the program. The SBA published guidelines for...

The bank quietly released a website for something called MarcusPay this week, allowing users to break up big-ticket purchases into...

iCapital Network announced it closed a $146 million capital raise to fuel its future growth. Ping An led the round, joined by new...

Since February, dozens of Chinese property-and-casualty insurers have rolled out new policies or expanded existing ones to provide...

Last October, Accel led a $77m Series A in Galileo. The startup was profitable and previously bootstrapped for 19 years. Sources familiar...

The startup announced today a $7.7 million seed funding round led by Madrona Venture Group and Oregon Venture Fund.

In a dramatic shift to digital it has been predicted that 30% of the UK population could move permanently away from using cash because of...

The deal is comprised of $75m in cash, $250m in seller financing debt and $875m in company stock,  according to people familiar with...

Japanese consumer online payments startup raised a $48m Series C round extension led by ITOCHU.

Hong Kong-based challenger bank for SMBs raised $11m in Series A funding led by Pacific Century Group.

S&P called supply-chain finance a “sleeping risk” that can “mask episodes of financial stress.” A prime concern is that the banks or...

Just 69% of renters paid their rent by April 5, compared to 81% who paid by March 5, according to data from 13m units published by the...

The US Fed has succeeded in flooding market with cash. U.S. commercial bank deposits grew by more than $420b from the end of February to...

The recordkeeping industry hasn't been touched in over 30 years, so portfolio company, Vestwell, is "swapping a Model T for a Tesla" by...

The U.K.’s fintech’s response to the coronavirus pandemic so far might best be described as “move fast, and make things,” as multiple and...

Boston based acquirer of Amazon FBA (fulfillment by Amazon) businesses raised $8m in funding led by Spark Capital.

UK based software-only PoS for merchants raised €1.3m in Seed funding led by New Vision 3. 

Portland, Oregon based ACH Payments API raised $7.7m in Seed funding led by Madrona Venture Group and Oregon Venture Fund. 

Utah based messaging and payments SaaS startup raised $125m in Series C funding at a $1.5b valuation led by Y Combinator's Continuity Fund.

Austin based supply chain management software startup raised $12.5m in Series B funding led by Baird Capital.

Mounting evidence indicates that Visa is warming up to crypto after a rocky start - and a new partnership with startup Fold will now...

For $36k, you can own a Ferrari-powered classic. The Dino is the result of a particular problem Enzo Ferrari encountered in 1967, Formula...

M-Pesa is Africa's largest payments platform with some 40m users in Kenya, Tanzania, and other African countries. It processes over a...

London based opening banking API has raised $13m in Series A funding led by Lakestar.

Antler is inviting startups to propose solutions in Mitigation (e.g. masks, contact tracing, surveillance, data infrastructure), Medical...

Plaid is building a product that speeds the payroll portion of emergency loan applications from days to a matter of minutes, relieving...

Banks’ digital channels in Latin America are getting a sharp boost from coronavirus social distancing. But it remains unsure whether this...

On Aril 9th, portfolio company Sigma will be hosting a virtual roundtable on COVID-19’s impact on financial crime compliance and broader...

A newly released report by Finch Capital says that, despite short-term pain, the pandemic will ultimately drive adoption, creating a...

Most lawyers read the affiliate provision in the CARES Act to mean that any VC-backed startup would need to affiliate with all the other...

The Labor Department reported hat around 9m people had filed for unemployment insurance over the past two weeks. By contrast, in a...

For digital lenders, on one hand, demand has surged for loans. On the other hand, they are already rolling out measures to confront a...

Founded in 2004, the Eurobits platform handles more than 50 million transactions every month across Europe and Latin America for over...

As the government faces the monstrous challenge of rolling out $349b over the course of 3 months, we're doing our part to maintain our...

As of around 2:30 p.m. Friday, 5,979 loans worth about $2 billion had been approved, according to Small Business Administration chief...

Use this form to apply for the Paycheck Protection Program with an eligible lender

Chime's pilot involved getting payments to 1,000 customers to get the payments Thursday using a feature called SpotMe that typically...

Denmark based challenger bank has raised an additional €20m in Series B funding led by Seed Capital.

The Paycheck Protection Program, included in the $2tr stimulus plan passed last week, theoretically maintained the so-called "affiliation...

Kabbage, the online small business lender, has stopped making loans, made big reductions to customer credit lines and temporarily...

Market-maker Citadel Securities opened a temporary Palm Beach trading floor at a hotel while keeping all 24 staff from NY and Chicago...

Banks will receive processing fees, paid by the federal government, for making the loans. The fees will vary with loan size: 5 per cent...

One of the earliest forms of “fintech” is a budgeting spreadsheet. For years, people have relied on Microsoft Excel to budget and track...

Ant Financial, Vanguard kick off mutual fund advisory in China.  Venture sets minimum investment threshold at 800 yuan. 

joint...

San Francisco based restaurant ordering and payment platform raised $8.25m in Series B financing led by EBRD (the European Bank for...

Atlanta based digital payment platform for the transportation industry has raised $5.7m in a Series A funding led by Base10 Partners.

Ohio based healthcare automation startup for HR and finance raised $51m in Series E funding led by General Catalyst.

UAE financial products for migrant workers raised over $1m in Seed funding led by Middle East Venture Partners.

India based payments startup raised $21.6m in Series B funding led by Vostok Emerging Finance and Wellington Management.

India based AI-powered reconciliation of digital transactions raised $6m in Series A funding led by Vertex Ventures SEA and Prime Venture...

Plaid is now active in five European countries, having begun its expansion with the UK, followed by Ireland, France and Spain six months...

Tokyo based digital banking startup has raised $45m in Series C funding co-led by Greenspring Associates and Goodwater Capital.