Crowdfund Insider reports on the launch of LendIt's PitchIt competition at Lang Di China in July; LendIt has partnered with JadeValue to support the competition and its finalists; applications are now open and the final competition will include eight finalists; the competition's finalists will be matched with mentors for business development and the winning startup will be given additional resources from JadeValue including coworking space, a $150,000 investment and technical tools. Source
Blossom Capital’s Ophelia Brown has created what is described as the first of its kind investor platform for angel investors;...
From the LendIt Fintech Vault: Sallie Krawcheck of Ellevest on The $700B Untapped Investment Segment
Sallie Krawcheck, the CEO of Ellevest and a Wall Street legend, joined us last year for a keynote session on...
Betterfly became Chile's third unicorn company after it took $125 million from venture capital investors in a Series C raise.
BBVA is well known for being a leader when it comes to adopting new technology; back in 2011 they sought...
Karen Mills believes small business customers are not being served well by lenders and so she has decided to join Eastern...
Bloomberg discusses the inner workings of SoftBank’s fund which includes Apple and Saudi Arabia; many former Deutsche Bank AG traders work at the firm; it has invested in a broad range of companies and is currently the world’s largest private equity fund. Source
Bank of Nova Scotia, Canada's third largest bank, also known as Scotiabank, has announced a $1 billion investment in digital technology over the next three years; the initiative will focus on bringing more digital technology solutions to clients who are making fewer transactions in branches; 45% of the firm's investment will be focused on foreign markets including Mexico, Peru, Colombia and Chile; it will also be investing in new facilities for blockchain and artificial intelligence development; the firm expects the investment to help reduce costs and improve future profitability. Source
Monja shares a list of online lenders in the real estate space; discusses the pull back in construction financing by traditional banks and the continuing rise overall in the real estate construction sector. Source
GenZ is likely to approach finances differently than generations before, making basic financial literacy critical to avoid bad decisions.