Investing in times of crisis: how to keep calm and finish strong
NYC Fintech Women, in partnership with portfolio company MoneyLion and STASH, invite you to Investing in Times of Crisis: How to Keep...
NYC Fintech Women, in partnership with portfolio company MoneyLion and STASH, invite you to Investing in Times of Crisis: How to Keep...
#HalfMyDAF challenge emerges to speed funds into charities in need. The push comes as California lawmakers seek to jump-start efforts to...
DAFs have grown substantially in philanthropic importance over the last 15 years. Giving is currently up among the organizations...
MPs from across the House of Commons have called on the Chancellor to protect the UK cash infrastructure from imminent collapse, as...
Oregon based e-commerce payments fraud protection raised $125m in venture funding led by Goldfinch Partners.
"Since taking over as CEO in July of last year, I have refocused the company on product development, market expansion and technology...…
California based employee tax and benefits platform raised $2.4m in Seed funding led by Gradient Ventures.
“There were intranet pages full of logos of benefits that we never used,” Chen said. “A lot of them were really great deals, but most of...…
Singapore consumer comparison site for financial products raised $17m from Walvis Participaties and Aegon N.V.
“The momentum is here. I think now is the time for tech and data to transform financial services,” he said. “As a platform, we are really...…
San Francisco based cybersecurity insurance startup raised $90m in Series C funding led by Valor Equity Partners at a pre-money valuation...
London based digital banking technology provider for banks raised €8.5m led by Groupe BPCE.
“We are very pleased to welcome Groupe BPCE and Crédito Agrícola to our growing group of strategic investors,” says Georg Ludviksson, CEO...…
Mexico City and Barcelona based financial infrastructure API platform raised $10m in Seed financing led by Founders Fund and Kaszek...
Congrats to portfolio company Centrifuge in reaching a huge milestone in publicly launching Tin Lake & the Centrifuge Chain to help...
Washington, D.C. based workers’ comp insurance for SMEs raised $127m in a Series B extension led by Gallatin Point Capital.
The company began selling its insurance policies in March 2018. In the first quarter of 2020, it wrote nearly $19 million in premiums, up...…
Los Angeles based marketplace for fintech apps raised $12.6m in Series B funding led by Octopus Ventures.
“Sometimes you’ll get some education, sometimes we’ll send you something funny via text,” said Grimes. “So the text messages themselves...…
Germany based platform for managing corporate payments and cash flow raised $20m in a Series D extension led by Aquiline Technology Growth.
Jörg Wiemer, CEO and co-founder of TIS: “We are proud to have Aquiline on board alongside our existing investors. This investment will...…
Brazil and Mexico based alternative SME lender raised $5m in Series A financing led by Santander InnoVentures.
Manuel Silva Martínez, managing partner at Santander InnoVentures, said: “The current crisis will accelerate shifting consumer habits to...…
San Francisco based B2B credit network raised $20m in a Series C extension led by MUFG Innovation Partners.
"We are pleased with how Fundbox’s advanced data science and technology capabilities have contributed to its superior portfolio...…
Boston based student loans platform for volume discounts raised $2.5m in Seed funding led by NFX.
The number one negative feedback we got was you closed the deal on July 26, [but] I couldn’t use it because my tuition due date was...…
U.K. based challenger bank raised £40m in a venture round led by JTC and Merian Global Investors.
“This additional funding from our existing investors demonstrates their commitment both to Starling and to our small business and...…
The DAF assets have a market value of $1.3b and has dispersed $85m since April 2, 2020 to a variety of COVID-19 relief causes according...
European financial institutions are spending between €50-100m on Open banking initiatives, with spend exceeding €100m for 45% of the 290...
Barcelona and Mexico based open banking API platform raised $10m in a Seed round co-led by Founders Fund and Kaszek.
The company said it aims to work with leading fintechs in Latin America, spanning across verticals like the neobanks, credit providers...…
Beijing will come out of the coronavirus crisis with a big first-mover advantage in its official digital currency. It isn’t a coincidence...
One by one, Goldman laid out rebuttals against many of the merits frequently cited by crypto evangelists that aim to hold up the...
Payment card issuing startup Marqeta has raised $150 million from an unnamed U.S. institutional investor, doubling its valuation to $4.3...
The industry is already planning for the next crisis — and the threat of a second wave means it might be only months away!
Although pandemic insurance has been available in the past, many companies thought the risk of an outbreak was remote and so few of them...…
Goldman Sachs has pushed back this year’s planned launch of a digital wealth management platform and is slowing its hiring of advisers....
Fraudsters are increasingly using pilfered credit-card numbers and phishing attacks to prey on overwhelmed consumers and banks during the...
When UK regulators suspended pre-emption rules so struggling businesses could rapidly issue shares retail shareholders complained about...
David Snitkof of portfolio company Ocrolus shares perspectives on our current time, when credit data has gone from highly valuable to...
The FT digs into the effects that are being felt through the banking system. ATM transaction volumes fell as much as 62% year on year at...
Japan’s 5 leading online brokerages have told the FT that, between them, they clocked well over half a million new account openings in...
Britain refuses to name recipients, and how much they’re getting, while a fight over disclosure is under way across the Atlantic.
“We recognise that there is a general public interest in the disclosure of information, as greater transparency makes Government more...…
Dan Schulman, PayPal's President, says that the increase in digital payments could allow PayPal to acquire 15-20m new customers during...
As one of the world’s most rapidly developing geographies, the opportunity for Stripe to truly improve the payments experience for Latin...
Former portfolio company Artivest's technology will combine well with iCapital's reach. The combined platform will service $55b in assets...
According to PitchBook a venture investor is more likely to write a check without an in-person meeting if at least one other investor in...
Being at the back end of a network of independent investment advisers is an increasingly attractive way to gain scale. Even when people...
The head of currency trading at an investment bank in New York said “We used to think of working from home as spending time with the dog!...
Tom Blomfield is stepping down as UK chief executive of Monzo, the digital bank he co-founded 5yrs ago, as the popular start-up battles...
While it may seem that tech and healthcare names are outperforming all the other stocks, as news of a vaccine come to light small-caps...
The Canadian e-commerce giant launched two finance products today: a merchant debit card and payment installment plans for customers....
BlackRock is rolling out new updates to its flagship Aladdin platform (A.K.A Asset Liability and Debt and Derivative Investment Network)...
After a strong April, the total value of the crypto market comes to $265b. Crypto hedge fund returns are at 13.4% this year - compared to...
The index committee is comprised of 10 members who are full-time employees of S&P Global, their identities other than 2 directors are...
San Francisco based cybersecurity insurance startup raised $90m in Series C funding led by Valor Equity Partners at a $800m pre-money...
Kansas based SelectQuote raised $360m at a $3.25b valuation at IPO. The company said the virus outbreak is accelerating the digitization...
Los Angeles based ESG challenger bank raised $135m in Series C funding led by Alpha Edison.
Andrei Cherny, Aspiration’s co-founder and CEO, tells Fortune that March and April were the bank’s “two biggest months ever” in terms of...…
San Francisco based digital mortgage platform raised $123m in a Series C round of funding led by Greenspring Associates.
I hopped on the phone with CEO and founder Max Simkoff, who described States Title as “a technology-driven solution for closing mortgages...…
New York based digital real estate closing and communications platform raised $29m in growth capital led by Scale Venture Partners.
“Instead of using local offices with manual communication and manual processes, we provide [our clients] with API’s that allow them to...…
San Francisco based 401(k) provider for SMBs raised $10m in a Series C extension led by Glynn Capital.
Human Interest, however, is seeing more companies coming to it looking to change 401(k) providers. Schneble told TechCrunch that...…
Portfolio company Flutterwave is launching an e-commerce platform for African companies (akin to Shopify), with digital payments and...
‘Symbolic moment’ coincides with debate on whether Bank of England should move to negative rates.
The UK broke new ground for a bond sale on Wednesday, borrowing at negative rates for the first time in a sign that investors expect more...…
People over 50 were PayPal’s fastest-growing segment from March to April. Venmo particularly stands to benefit from the new audience.
This cohort of “silver tech” helped PayPal’s total payment volume recover back to “pre-Covid” levels, CFO John Rainey said at the J.P....…
Given the worldwide growth of cash skepticism, the payments company is rolling out a new QR code feature for its mobile app in 28...
More than 30 firms may be removed from the S&P 500, according to DataTrek. Recently removed companies have drastically underperformed.
An equal-weight basket made up of companies that were booted from the S&P 500 over the past three years (for reasons other than...…
Plaid Exchange gives financial institutions, from banks to wealth management firms, an open finance platform to manage consumer data...
China based machine intelligence for financial services raised $6.2m in Series A funding co-led by ByteDance and Rocket Internet.
“We hit a bottleneck. The technology [AI] wasn’t mature enough yet, which means you have to combine it with a big team of people to...…
India based digital bookkeeping and payments startup raised $60m in Series B funding led by B Capital.
In a statement, Kabir Narang, a general partner at B Capital who also co-heads the firm’s Asia business, said, “we expect the number of...…
Kenya based agriculture financing platform raised $6m in Series A funding led by Anthemis.
“It’s everything a farmer needs to succeed. It’s the seeds and fertilizer they need to plant, the advice they need to manage that product...…
San Francisco based credit card for startups raised $150m in a Series C extension led by DST Global and Lone Pine Capital.
“I’m glad this round came together, but if it hadn’t, we would’ve been fine,” he said. “The capital is so we can play offensive while...…
This 8-week forgiveness period is what Congress is currently looking at expanding. The CARES Act was bipartisan, which means both sides...
The announcement further illustrates the growing appeal of Jio Platforms, which has raised $8.85b in the past month by selling about...
Among other passages, Bolsonaro vetoed the possibility of using fintechs in the payment of R$ 600 emergency aid. The veto can still be...
The initiative aims to foster entrepreneurship and the development of the Brazilian capital market through the creation of an...
Eva Arevuo from portfolio company Underline stresses the need to prioritize critical public needs while we design new solutions for...
The new chief operating officer at the U.S. Office of the Comptroller of the Currency (OCC), previously the Chief Legal Officer of...
We are very pleased to share that portfolio company Artivest is being acquired by iCapital Network. Together, iCapital and Artivest will...
Huge congrats to portfolio company Anyfin on their $30m Series-B round from growth investor, EQT Ventures, to fuel their mission to bring...
Carta is planning to launch a private share trading platform that it hopes will be a credible alternative to leading stock exchanges. The...
GTS, along with Paul Tudor Jones, announced they are launching ClearList. A key difference between ClearList and its rivals is that GTS...
Folio would be the second wealth management company GS has acquired in two years, following United Capital in 2019. Folio has $11b in...
Minka is bringing real-time payment infrastructure to Latin America using distributed ledger technology. We’ve been continually...
SharesPost and Forge Global have facilitated more than 10,000 client transactions worth more than $6b in shares of more than 320 private...
PNC’s decision to cash out roughly $14 billion in BlackRock Inc. shares will position the Pittsburgh-based bank to be a much more...
Singapore's Temasek, one of the world’s biggest institutional investors, has thrown its support behind the Facebook-led digital currency...
Brit announced plans to launch Ki, a standalone business and the first fully digital and algorithmically-driven Lloyd’s of London...
Before the coronavirus outbreak, Brex had raised $615 million in equity and debt funding. Brex has about $300 million on its balance...
The number of banks paying Ant to help them build mobile apps and provide cloud computing power jumped by 175% in the two months through...
South Korea’s largest fintech startup Toss, is planning to raise about $200 million from investors to bankroll its expansion in online...
The bank is close to agreeing a deal that will value it at around £1.25bn, compared with the more than £2bn valuation secured at its most...
As global investors, we will be sharing views on the main effects of the pandemic for entrepreneurs across EM regions. Join us on May 27,...
Key takeaways from Plaid's facilitation of a digital makeover in financial services can be incorporated into the nascent digital...
Colombia contributes 31 companies to the list — as many as the rest of Latin America put together - with fintech well represented as a...
COVID-19 is hurting LatAm fintech lenders’ non-performing loan rates, as well as other metrics, according to new Iupana study
Among the surveyed fintechs that lend to individuals, the proportion of the portfolio overdue by more than three months has nearly...…
London based mobile-first banking and tax accounting software for SMEs raised $21m from ABHH Group.
“COVID-19 hasn’t impacted us so far. We are designed as a digital business, and so working from home was a completely normal shift for us...…
Austin, Texas homebuying lender raised $20m in equity funding led by Adams Street Partners.
“Most of our customers are seeing discounts that exceed the cost of their fee that gets tacked back on the home,” said Homeward chief...…
San Francisco based crypto trading service raised $17m in funding from investors including Avon Ventures, Coinbase Ventures, Lightspeed...
London based payments-as-a-service API platform raised £18.9m in growth funding led by Highland Europe.
“We are solving the problem of relationship and technical access to commercial and wholesale transaction banking,” co-founder and CEO...…
Singapore based SME lending platform raised $20m in a Series B extension round co-led by Vertex Growth fund and Kuok Group’s Orion Fund
“Through working closely with corporate partners and investors on the platform, we also aim to support SMEs who are pivoting their...…
New York based wealth management platform for financial advisors raised $14.5m in Series A funding led by Sequoia.
For the founders, the main goal for Vise has been to build a new product using the best practices from the AI and machine learning worlds...…
New York based bitcoin rewards startup raised $3m in a Seed extension round led by Founders Fund.
CTO and Co-founder of Lolli, Matt Senter said: "It’s amazing how far we’ve come. I’m grateful every day for our investors giving us the...…
London based enterprise payments platform raised £3.8m in Seed funding led by Balderton Capital.
“Payments is super complex,” says Primer co-founder Paul Anthony, who was previously Head of Solutions for EMEA at PayPal-owned...…
New York based warranties-as-a-service platform raised $14M in Series A financing led by Spark Capital.
“I spent six months trying to find a company,” he said. After seeing how seamless it was to work with fintech customer support tools from...…
Cointelegraph Talks held a panel on May 5 with portfolio company TradeBlock director of institutional research John Todaro, and joined by...
Samsung is partnering with personal finance company SoFi to launch the new card and cash management account. Both products are expected...
Europe’s largest challenger banks are seeing slow user uptake in the US, new research shows. The European cohort is led by German N26...
Libra is shoring up its talent to work with governments and regulators. Prior to the role with HSBC, Levey served the U.S. government as...
With America readier than ever to close the liquidity taps on rivals, China is investing time and money in building a private track. It...
San Francisco based challenger bank for immigrants and the underbanked raised $7.5m in Seed financing from Hillsven Capital and...
The Cambridge Centre for Alternative Finance (CCAF) shows China making up 65% of total global hashrate, with the U.S. and Russia back on...
The March bitcoin crash meant that roughly 2.3m miners had gone offline and the hash rate was its lowest since September 2019. Since...
While still closing a $4.5 billion acquisition of LeggMason, Franklin Templeton announced the purchase of AdvisorEngine and plans to use...
A deeply depressing read from the Atlantic. Transaction volumes, a decent-enough proxy for sales, show Travel agencies are down 98%,...
Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money-printing,...
SoftBank-funded fintech challenger Ualá expands rapidly amid the pandemic. It has issued more than 1.9m debit cards and is signing up...
The purchase of AdvisorEngine, a vendor offering integrated wealth management technology to 1,200 advisory firms, firmly places the large...
Seattle, Washington based property management platform raised $12m in Series B financing led by Madrona Venture Group.
“Regardless of geography or asset type, unemployment will certainly put pressure on rent growth and rent collections in most markets, so...…
London based online shareholder voting platform raised $20m from JPMorgan Chase, HSBC and Deutsche Bank.
Mr Pekin said Proxymity was always envisaged as an industry-wide project rather than a Citigroup one. “This is an ecosystem,” he said. ...…
According to mobile app data provider, App Annie, finance apps are crushing it both at home and abroad. The US recorded 55% growth in...
Alongside a wider coalition, they announced the Mojaloop Foundation, which will develop a free, open-source real-time payments platform...
Equity derivatives clearing organization OCC has selected portfolio company Axoni to help it replace its securities lending...
The rationale is to make it easier for banks to take stakes in fintech firms, thereby spurring the lending sector to drop its outdated...
London based business banking and accounting app raised £4m in pre-Series A financing led by ING Ventures.
“If you are running a business then bookkeeping is a chore, wastes your time and is boring,” the Countingup up founder told me back in...…
London based digital pet insurance provider raised £78m in Series C financing led by FTV Capital.
Mr Vostrizansky said: "The company's consumer-friendly technology and high-quality team have allowed the company to rapidly enhance its...…
London based real-time payments startup raised £2.35m in Seed financing led by Force Over Mass.
“The current payment system is antiquated, expensive and slow,” Banked co-founder and CEO Brad Goodall tells me. “Companies wait days,...…
San Francisco based API software for banks raised $9m in Series A financing led by QED, SaaSts, and NYCA.
According to Dean, that’s what it’s going to hire. The startup wants to make more noise, so it intends to hire a marketing team and build...…
Austin, Texas based consumers healthcare savings platform raised $5m in Seed financing led by Next Coast Ventures.
“There’s just enough healthcare-ness that makes it a little hard, that’s why you haven’t seen traditionally fintech companies go at it,”...…
Germany based automated bookkeeping platform for SMEs raised €27m in Series B financing led by Vintage Investment Partners.
Zeitgold tries to automatically match digitized receipts with movements on your bank account. You can add information when the service...…
Germany based consumer challenger bank raised $100m in an extension of its Series D round at a valuation of $3.5b.
You may have noticed that the valuation didn’t go up this time. “I’d say it’s a very good valuation,” co-founder and CEO Valentin Stalf...…
California based consumer finance and investing app raised raised $280m in Series F funding at an $8.3b valuation led by Sequoia Capital.
We’ve collected further data in the same vein, with Public (another free stock-trading app) reporting surging usage, and other fintech...…
Despite the pandemic's effect on the country, implementation will be carried out in four phases, until October 2021, with open banking...
Opensignal reveals that average U.S. 5G download speeds are still hovering below the country’s typical Wi-Fi speeds, an issue mostly...
The Covid-induced surge in e-commerce boosted the growth of digital payments in Latin America. But doubts remain as far as how fast the...
Portfolio company Migo has been profiled in one of the most robust discussions on fintech happening in the world today.
Innovation in Finance, a series produced for Innovate Finance by BBC StoryWorks Commercial Productions, takes viewers on a journey that...…
The Optiva deployment was accelerated to support a relief effort called Oxígeno2030, which leverages at-cost mobile connectivity to help...
The Economist explores the defining feature of the latest innovation revolution - breakneck speed! Companies are being forced to raise...
Portfolio company Ocrolus is powering lenders by digitally analyzing documents at scale, allowing the efficient PPP underwriting process....
WhatsApp has made significant progress in advancing its relationship with local regulators. With approval looking likely for payments,...
Royal Bank of Scotland has ended an attempt to compete with digital challenger banks like Monzo and Revolut, just 6 months after it was...
Jio acquired a majority stake in Nowfloats, a platform for retailers to build omni-channel digital store fronts. The Facebook partnership...
Some observers might see the Facebook-Reliance Jio move as threatening UPI and Indian public infrastructure, but in fact, this is exactly...
Portfolio company Sigma Ratings is offering state governments, hospital groups or multilateral development organizations complimentary...
Portfolio company Flutterwave accelerated the development of Flutterwave Store, a portal for African merchants to create digital shop to...
Even as companies lay off workers, financial services firms continue to hire. Data from HackerRank shows that interviews at financial...
Two years ago, a16z launched its first dedicated $300m crypto fund. It has raised a second $515m in the same vein.
As general partner Chris Dixon — who leads the fund with general partner Katie Haun — tells Fortune: “It’s very rare that major, new...…
The estimated 12m players of Nintendo’s cartoon fantasy Animal Crossing: New Horizons were informed last week about the move, in which...
London based cash management platform raised $15m in funding led by OMERS Ventures.
"Raising growth capital from leading investors such as Omers Ventures is a testament to the strength of our business model and the great...…
Airbnb recently tapped Goldman and Morgan Stanley, to help raise $2 billion of debt, at high rates. Private tech companies typically have...
Amsterdam based challenger bank for businesses raised a €6.5m Seed funding round led by Target Global.
Konstantin Stiskin, co-founder of Finom, told Techcrunch: “The EU SME banking market size is more than €100bn. But according to McKinsey...…
California based challenger bank for SMBs raised a $5.7m Seed round led by Base10 Partners.
While Thyagarajan says they’ve seen online spend increasing, the COVID-19 pandemic has impacted plenty of Wise’s potential customers, and...…
Washington, DC based network of 20 micro finance institutions and banks received a $15m loan facility with a 5y tenor led by Calvert...
Lagos based API developer connecting individual bank accounts to third party applications raised $1m in Pre-Seed financing led by TLcom...
New York based consumer finance and savings app raised $112m in a strategic round of funding from LendingTree.
Stash has continued...
Hong Kong based infrastructure for digital financial services raised $50m in Series B funding led by Peter Lee, co-chairman of Henderson...
Barcelona based HR automation platform for SMBs raised €15m in a Series A round of funding led by CRV.
“Factorial was built for the users, designed for the modern web and workplace,” said Reid Christian, General Partner at CRV, in a...…
Indonesia based insurtech platform raised $13.5m in Series A financing led by Centauri Fund.
“As a relatively new entrant in the space we are delighted to partner with leading global investors whose tremendous thought leadership...…
Exciting times for DeFi (decentralized finance) with portfolio company UMA listing its decentralized governance token on the...
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