Broadridge Financial Solutions, J.P. Morgan, Northern Trust and Banco Santander have reported a blockchain solution for increased transparency in proxy voting; the pilot solution can provide daily reporting on proxy voting throughout a company's proxy voting period; the solution is built on the Ethereum blockchain platform and can also provide for enhanced proxy voting analytics. Source
While speaking on Business Insider’s podcast “Success! How I Did It” Affirm CEO Max Levchin shared the story about how he started PayPal; Levchin moved out to Silicon Valley after starting a business that didn’t succeed and was sleeping on his friend’s floor; he saw Peter Thiel deliver a lecture and stayed after to chat with the then hedge fund manager; they met the next morning for breakfast and Thiel liked one of his two ideas, he decided to invest and that was the company that became PayPal. Source.
On the second day of the Fintech Nexus USA conference, Nubank's David Vélez recounted in direct terms the multi-year overnight success.
Hi there and welcome to Funded, where we spotlight early-stage bets on the future of tech. Today, we’re looking at...
The nonprofit received a $1.5 million grant to monitor, evaluate and strengthen consumer protections in the digital financial marketplace. Here's what it's doing with the funds.
Fidor Bank saw in 2016 that incumbent banks were beginning to buy up and partner with fintechs because they needed to stay competitive; other digital banks do not share this view as Starling Bank issued a report back in September saying that collaboration with main street type banks will help to erode what fintechs are attempting to disrupt; 2017 looks to be a pivotal year for partnerships as big banks, regional banks and community banks are all moving in the direction of utilizing different aspects of new innovation. Source
A flurry of fintech CEO departures might have one wondering what’s gotten into the water the last few weeks. At...
Loanpal’s solar lending business only started making loans in early 2018; fast forward to today, they are originating $110 million...
Good financial habits should be formed before adulthood. Unfortunately, most schools still don’t spend much time teaching this kind of thing. But the good news is that there are new tools out there today that make it easy for kids to not just learn good habits but to understand what it means to be financially healthy. And how you reach teenagers today is through the phone. My next guest on the Fintech One-on-One podcast is CJ MacDonald, the CEO and […]
Last week LendingClub closed a whole loan transaction structured as a tradable, pass-through security called a CLUB Certificate; Lend Academy reached out to LendingClub to find out more and shares what benefits this structure has for some investors. Source