Sections
Fintech Investments
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1.4KZestMoney Raises $13.4M, Led By Xiaomi
ZestMoney, a FinTech startup out of India, recently landed a $13.4 million investment led by Xiaomi, the Chinese tech company. According to...
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2.5KMonzo To Reach Unicorn Status With Fresh Round Of Funding
Monzo, the U.K. digital bank, is on track to become the next European FinTech startup to reach unicorn status. According to a...
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1.6KInvestors Have Eyes For B2B FinTech With Gusto, Judo Investment Rounds
Two small business FinTech startups announced Tuesday (July 31) that they have secured big venture capital funding rounds this week. U.S. payroll...
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5.3KKlarna Eyes Expansion, Banking Products As Next Areas Of Growth
Klarna — the Swedish FinTech that gives consumers 30 days to pay for their purchases, letting them return them before actually shelling out...
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1.7KFinTech N26 Metal Card Gets An Update
N26, the FinTech bank startup, is upgrading its N26 Metal card, with a launch happening Wednesday (June 13). According to a report in TechCrunch,...
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2.6KAnt Financial Now Worth More Than Goldman Sachs, Morgan Stanley Or Amex
There are big fundraising rounds, massive fundraising rounds and incredible fundraising rounds. And then there’s raising so much money in a single...
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3.9KWhite Star Capital Pulls In $180M For ‘Transatlantic’ FinTechs
Global venture capital firm White Star Capital has pulled in a second fund of $180 million. According to TechCrunch, the company plans...
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4.7KMorgan Stanley Goes After Brazilian FinTech Market
Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of...
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3.7KBaidu’s New Firm Gets $1.9B Investment To Compete In China’s FinTech Market
Baidu’s new firm has received $1.9 billion in funding that will enable it to better compete in China’s growing FinTech space. According...
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5.2KGoldman Sachs Buys Personal Finance App Clarity Money
Goldman Sachs Bank USA announced Sunday (April 15) that it has acquired Clarity Money, the personal finance app, for an undisclosed sum....
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4.3KVisa Invests In solarisBank — And Banking-As-A-Service
solarisBank, the first FinTech with a full banking license, raised EUR 56.6 million in a round of funding that included Visa among...
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3.9KJPMC’s FinLab Launches $3M Contest For FinTech Startups
To help identify FinTech products that may improve the financial health of underserved populations in the U.S., the Financial Solutions Lab (FinLab)...
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2.3KUK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7)...
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3.8KPetal Launches No-Fee Credit Card For Those With No Credit Score
In a new financing round led by Valar Ventures, Petal raised $13 million in its mission to make credit cards accessible to those...
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5.7KCongress To Turn Up Heat On FinTech Regulation In 2018
A Democrat has some serious advice for Congress when it comes to FinTech. “If we fail to act on FinTech, we are...
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6.3KEx-SoFi CEO Raising $25M For His Next FinTech Move
Mike Cagney, the SoFi founder who was ousted from the company three months ago after allegations of sexual harassment, is already working...
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3.2KSoftBank Plows $120M Into Alt Insurer Lemonade
Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. According to Bloomberg Technology, New York-based...
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5.3KRevolut To Enable Cryptocurrency Trading
Revolut, the mobile banking startup, announced Tuesday at TechCrunch’s Disrupt Berlin event that it is combining its traditional banking business with cryptocurrency...
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3.8KStock Market Takes To Banks, Retreats From Tech
Merely a rotation – or something more? The tech-heavy NASDAQ slipped in its biggest single-day drop in more than three months on...
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4.7KQuant Taps JPMorgan, Morgan Stanley For U.S. IPO
Quant, a FinTech that has backing from movie stars in China, has tapped JPMorgan Chase & Co. and Morgan Stanley to serve...
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4.9KStartup Bread Raises Funds To Offer Consumers Financing On Big Purchases
FinTech startup Bread, which offers consumer financing on large online purchases, has raised $126 million in a Series B venture capital (VC)...
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3.5KChinese Investments Activity In FinTech, Payments Firms Increases Into May’s End
In activity seen through the very beginning of June, the latest period for which PYMNTS has data, the week that ended on...
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2.4KHong Kong SFC, ASIC In Australia Sign Agreement To Collaborate On FinTech
The Hong Kong Securities and Futures Commission (SFC) and ASIC in Australia announced Tuesday (June 13) that they signed a cooperation agreement...
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7.4KFinancial Services Innovation/Inertia Tug of War
As traditional financial services firms find themselves challenged by FinTech and other upstarts, the choice, when it comes to products, services and...
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4.5KMobile Money Messenger App Plynk Secures €25M In Venture Capital
Mobile money messaging app Plynk has secured €25 million in a new venture capital funding round — one of the largest Series A...
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2.4KStartup Stem Raises $8M In Venture Capital Funding Round To Help Streamline Fund For Music Artists
Startup Stem has raised $8 million in a venture capital funding round that it will use to build tools to enable music...
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3.7KJapan’s Mizuho Launching FinTech Venture
Mizuho Financial Group, the Japanese financial company, is gearing up to launch a venture in June to create new businesses with FinTech....
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1.4KEquiniti Expands UK Footprint
Equiniti Group PLC, a FTSE-listed FinTech and regulatory services business, announced the opening of its latest regional technology hub — Ada House....
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8.9KDubai FinTech Set To Offer Gold-Backed Digital Currency
On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over...
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5.4KBanks/FinTech — The Long And Winding (Regulatory) Road
In an age where FinTech upstarts, payments companies and banks vie for the same customers, might regulations force them to collaborate? In...
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5.1KCurrencyCloud Founder Leaving To Focus On His Next Venture
Currencycloud founder Nigel Verdon is reportedly leaving the company to focus on a new FinTech startup, RailsBank. According to a report in...
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4.4KMBAs Flocking To FinTech (Instead Of Consulting Or Banking)
“Consulting was fantastic — however, I had to walk away from recommendations and not get to see them go live,” noted Wharton...
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4.4KAARP Report Finds People 50+ To Generate $83B For Fintech Over Next Five Years
New research released by the AARP shows the significant impact that people ages 50 and older will have on FinTech — generating $83...
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3.5KDeutsche Bank Joins Competitors To Open NYC Innovation Hub
Deutsche Bank, the Wall Street investment firm, announced Tuesday (March 21) the launch of an innovation lab in New York City. According...
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4.4KIs The Silicon Valley Startup Scene On Its Way Out?
For years, Silicon Valley has rested pretty knowing it was the king of startups for tech and various other industries. However, research...
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3.5K
CreditEase Invests In Three US-Based FinTechs
CreditEase, the Chinese FinTech investment fund, announced Friday (March 17) it had made investments in FinTech companies in the US. According to a...
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3.2KDimebox Raises €5 Million In Series A Funding From BillPro Group
Dimebox raised €5 million in a Series A round from the BillPro Group, a leading global payment processing organization. According to Finextra,...
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4.8KUK Auto Financing Startup Grows 1000%
One of the more onerous tasks in adult life is servicing your car. Motoring costs, such as replacement tires or timing belts can...
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4.3KThe Brits And Canadians Loosen FinTech Regulations
Startups in the financial technology space have typically had a long and arduous process for getting their businesses off the ground, due...
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3.8KBrazilian FinTech Creditas Raises $19M In VC
Creditas Soluções Financeiras, a Brazilian FinTech firm focused on low-interest secured consumer loans, has obtained $19 million in funding that will allow...
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4.3KCitigroup Taps Facebook, IBM And FinTech’s Top Talent To Build Better Government Services
While much has been said and written about the power of technology and its its power to build a better world, clearcut...
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2.1KIoT Double Whammy: Sigfox Has Scale and Funding
IoT’s slow adoption by consumers is not deterring investment in industry startups. Sigfox has established partners and clients in 24 markets. Its...
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3.3KCarbon Black Privately Files For IPO
An uptick in technology IPOs is expected after recent cyber security attacks have followed a period of dearth in technology investment. Carbon...
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2.8KOurCrowd Gets Record Equity Investment
The crowdfunding platform OurCrowd announces that it has raised $72 million but expects the final amount to be close to $100 million....
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2.9KID Experts Light Up Portland
Investor appetite for fintech start-ups has waned recently while concern for cybersecurity is growing. While PwC reports cybersecurity as the fourth greatest...
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3.6KOctopus Investments Gives FinTech Startups A Leg-Up
TechCrunch reports that, while the accelerator investment model has been used in tandem with other strategies (by marquee names, such as Barclays),...
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2.6KUSAA Taps Former Citi FinTech Executive For New Digital Role
Banks and financial firms are forging ahead in the FinTech market, with many either partnering with startups or creating their own businesses...
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US Dept. Of Commerce Pegs China As 2017 FinTech Leader
In looking ahead at the near-term emergence of FinTech markets, the U.S. Department of Commerce’s International Trade Administration said in its “2016 Top Markets...
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4.6KWhy The FinTech Index Is On The Rise
Investing in FinTech — there’s a new index for that. Keefe, Bruyette & Woods said last week that it has struck a...
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3.4K
Revolut Nabs $10M To Ease Global Currency Exchange
London FinTech startup Revolut announced that it raised a $10 million (£7.75 million) Series A funding round to help improve the way...
