Pyramid Analytics is a decision intelligence platform provider. It offers insights for anyone to make faster, more intelligent decisions.
The UK’s biggest robo-advisor has seen assets under management grow to over $798mn and customers exceed 25,000 at the end of 2016; however the company also reported a 5 percent increase in losses and a 10 percent increase in operating expenses; building up scale to eventually make money looks to be the biggest challenge for the growing fintech company. Source.
Why Relationships Still Matter: How Community Banks Saved The Country During Covid-19 Republic’s First Three Real Estate Offerings Have Already...
Goldman Sachs has announced they are exploring NFT's- Why? for some it's the logical next step for incumbents.
CEO of LendIt Fintech Bo Brustkern recently traveled to London to meet with fintechs, regulators and investors; in this post...
ZeroBeta, a financial market infrastructure provider specializing in risk, collateral, and market data solutions, today announced it has been chosen...
UK based digital bank OakNorth reported an annual profit of $149mn, becoming the first digital bank to do so; in their second year of full operations the bank has seen their loan book triple in size and deposits double in size; Rishi Khosla, OakNorth chief executive, told the Financial Times, “we build them for profit and on strong foundations so as you grow you’re scaling a real business rather than what happens to a lot of fintech where you just keep building for top-line or number of customers, but don’t necessarily have the strongest business model.” Source.
The Royal Bank of Scotland's NatWest Brand has announced the launch of direct lending platform Esme; the platform will offer loans up to £150,000 ($187,257) for small and medium-sized businesses with approvals in one hour; NatWest developed the Esme platform internally through an innovation lab; the platform was developed to provide a more competitive loan offering and will also support initiatives for cost reduction. Source
US-based cross border consumer credit reporting fintech Nova Credit has announced its expansion into Europe.
Wirecard’s long time chief operating officer is said to be on the run according to former colleagues who said he...