- ALGEBRAIX ANNOUNCES IT HAS COMPLETED PHASE ONE OF BETA TESTING ALX - ITS PERMISSION-BASED ADVERTISING PLATFORM AT LENDIT FINTECH USA 2018
- Automation Software from ACTICO runs the Fintech world
- Fintech startup CNote helps create over 1,000 jobs across America in less than one calendar year.
- CoinVantage Announces Release of Flagship Portfolio Accounting & Reporting System for Digital Assets
- CONTRACT SIMPLY ANNOUNCES PARTNERSHIP WITH STARCITY AT LENDIT FINTECH USA 2018
- Creditas publishes report on the Brazilian lending market
- Cross River Bank Demonstrates Key Growth, Makes Significant Personnel Hires
- Asset-Based Lending Market Alert: FinCryption.com Announces Licensing Agreement with FirstBCH.com at LendIt Fintech USA 2018
- First Associates Launches Call Center Support Services
- HARVESTING INC LAUNCHES AI BACKED CREDIT RISK SYSTEM FOR AGRICULTURE LENDERS
- IDVALIDATION SHOWCASES GOVERNMENTAL VERIFICATION SOLUTIONS FOR LENDERS AT LENDIT FINTECH USA - 2018
- Intrinio Accepts 150th Start-Up into its Fintech Incubator
- Intrinio Partners with Cryptoquote to Provide Real-Time Cryptocurrency Data
- LENDIO ANNOUNCES LENDER TURNDOWN PROGRAM AT LENDIT FINTECH USA 2018
- LENDR ANNOUNCES THE LAUNCH OF ITS BUSINESS DEBIT CARD AT LENDIT FINTECH USA 2018
- Best Egg Exceeds $5B and Celebrates Four Years in Business
- Nav Launches First-of-Its-Kind Cash Flow Analysis Tool for Small Business Owners
- Nova Credit Partners with Transunion Canada to Expand Immigrant Financial Access across North America
- Ocrolus Secures $4M in Series A Funding to Automate Financial Document Reviews
- PENSCO Launches Custodian Connect, the First API-Driven Solution with ACATs and Digital Consent for Marketplace Lending and Investment Platforms to Connect to Retirement Funds
- RCN AT LENDIT FINTECH USA 2018 - A peer-to-peer global credit network protocol based on cosigned smart contracts and blockchain technology.
- Scienaptic releases significant product enhancements to its credit underwriting product ‘Ether Underwrite’ at LendIt Fintech USA 2018
- SYMMETRY BLOCKCHAIN ADVISORS PARTNERS WITH CHAIN ADVISORS
- TCI to Conduct Live Demonstration of DecisionLender 4 at LendIt Conference
- THE AXIOM GROUP ANNOUNCES $50M IN FUNDING AVAILABLE TO PURCHASE CHARGE OFF PORTFOLIOS; WILL BE MEETING WITH POTENTIAL FINTECH SELLERS AT LENDIT FINTECH USA 2018
- THINK WALLET REVEALS SCALABLE SOLUTION TO REDUCE FUNDING COST OF PERSONAL LOANS
- Turnkey Lender Announces a Free Edition at LendIt Fintech USA 2018
- VALIDIS INTRODUCES ITS NEXT MAJOR RELEASE AT LENDIT FINTECH USA 2018
- FUTUREBANK DIGITAL AND API BANKING PLATFORM INTEGRATES ENTERSEKT’S SECURE CONNEKT PAYMENT FUNCTIONALITY AT LENDIT FINTECH USA 2018
- Prezzta - Prezzta Soluciones launch AT LENDIT FINTECH USA 2018
- SLICE USING CRYPTOCURRENCY OFFERING TO SELL SHARES OF CHELSEA, MANHATTAN LUXURY DEVELOPMENT
- Spring Labs Announces World Class Industry Advisory Board to Help Build Decentralized Credit and Identity Validation Network
- MedZERO Launches in Salt Lake City in Partnership with Asserta Health
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Deposit accounts and debit cards will be available to some customers next month according to SoFi; the account will function like a checking account that will earn interest; the company recently shared that they were working with WSFS Financial Corp for the new product called SoFi Money. Source
IBM has joined the non-profit Sovrin Foundation which is looking to build a global decentralized identity system with blockchain technology; IBM will be a founding steward of the foundation and will be providing hardware, security and network capacity to further their cause. Source
According to a blog post by the company, the fund will provide. ”financing to promising early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way”; the company also said it will not invest in security tokens at this time; it is likely that the company is sitting on significant amounts of cash which put it in a good position to launch a fund; revenues in 2017 totaled over $1 billion; Bloomberg reported that the top ten largest crypto exchanges take in $3 million in fees per day. Source
According to the bank statement, “In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling [virtual currencies].”; the government had previously issued warnings about risks around trading cryptocurrencies; the Reserve Bank of India is more open to the development of blockchain technology. Source
Adam Fisher, head of macro investing at Soros Fund Management has received approval to trade cryptocurrencies but has not begun trading them according to sources; Soros recently spoke at the World Economic Forum in January stating that cryptocurrency is a typical bubble, but was more bullish on blockchain technology; his family office as of Q4 2017 had a significant stake in Overstock.com. Source
Bloomberg reports on Goldman Sachs’ new San Francisco office culture which has no dress code and offers kombucha in the break room; Jeff Winner was hired this year to run the office which aims to employ 80 people; Winner leads the engineering team behind their successful consumer brand Marcus; with their new office location they will compete for talent from names like Google and Amazon. Source
The list covers all industries, but includes the fastest growing financial services businesses in Europe; TransferWise came in at #24, reporting 3,392% revenue growth from 2013-2016; the company hired 670 people over the same time period. Source
NEW! LendIt Fintech USA has expanded to a third day filled with six workshops running from 9:00AM - 1:00PM on April 11. Each workshop will be led by expert panelists and will provide training and case study discussions. ConsenSys Academy will be conducting the Blockchain workshop featuring intense learning on this headlining topic. Other workshop themes include Financial AI, Bank Technology, Success Through Diversity, RegTech, and Sales & Marketing. Workshops are available to all registered attendees. Three days away at Moscone in San Francisco. Register here
In this post we share the process of opening up a new LendingClub account, the first in a new series we will be sharing over the coming quarters. Source