Blockchain based lending fintech Figure has seen a 300 percent surge in loan applications due to the recent rate cut...
Banco Galicia permite comprar y vender criptomonedas. Se transforma así en la primera banca privada que ofrece el servicio en Argentina.
Goldman Sachs has launched an in house incubator that will allow employees to work on innovative ideas; GS Accelerate is currently accepting applications to move Goldman into new business areas, manage risk and try to fix inefficiencies; the move is part of a wider strategy for Goldman who now shows 46 percent of staff being in technology; “When it comes to entrepreneurship, there are always more failures than successes,” a memo reported by TearSheet stated. “But if we’re creative, imaginative and learn from what did and didn’t work, GS Accelerate can become a powerful engine to bring important ideas to life.” Source.
NoBroker.com Raises USD$51M in Series C Funding Estateguru Raises 1.3M EUR from Speedinvest LendingClub Hires New Chief Marketing Officer to...
Digital banking is becoming more important than ever during the pandemic and leading VC Andreessen Horowitz believes branches are not...
Varo Money has ramped up their marketing campaign to position themselves as a better option than the banks; the fintech company is not going directly at the banks in their ads as some other fintechs have done, they are instead highlighting their own offering; their ads can be seen on Twitter, Facebook, Instagram and Pinterest; they are also focusing on their customers overall financial lives, empowering their users to understand what they make and how they can spend wisely. Source.
- ModusLink Announces Acquisition of IWCO Direct for $476 Million in Cash
- Fiserv teams with TransUnion for loan origination system
- City of London Group to launch challenger bank
- MarketInvoice touts double-digit returns for 2017
- Finiata Closes €18M Financing Round
- BorsadelCredito.it Raises €1.6M in Funding
- Upstart's First SaaS Partner
American Banker has put together a slideshow describing the various ways AI will change how banking is done; bank executives...
The collaborative paper between ethereum founder Vitalik Buterin and developer Jason Teutsch, creator of smart contract scalability project TrueBit, would produce what CoinDesk says is a potentially transformative protocol for ICOs; the new protocol would allow buyers the option to analyze bids on token sales; they are still early on in their development. Source.
Earnin is a personal finance app used by millions of hourly workers to access their earned wages early; new data...