- Ohpen Raises $31 Million to Support Global Expansion
- Trunomi Closes $3.5 Million Round from CloudScale Capital
- Renaud Laplanche Joins LendItFintech USA 2018 As Keynote Speaker
- LendingTree Personal Loan Offers Report – January 2018
- Movement Mortgage Implements CompenSafe to Automate LO Compensation
- Senmiao Technologies Proposes Terms For $14 Million U.S. IPO
- Winklevoss Brothers on Bitcoin Price, Cryptocurrency Regulation (Video)
CNBC personality Jim Cramer says PayPal is without a doubt the worldwide leader in payments; the comments come after the...
We Won’t Ever Think About the Financial System the Same Way N26 expects 70% of bank branches to disappear in...
BBVA Compass says there is plenty of room in the market for the bank to wade into online unsecured consumer loans; Shayan Khwaja, BBVA Compass' executive director of consumer lending, told American Banker, “We’ve seen the asset class grow, and fintech has shined a light on how we can take this value proposition to the consumers. The general population is fairly savvy with digital products. They’re not just used to it, but they’re demanding it.”; the move follows Barclays and PNC who have recently launched into the same market; analysts are not as bullish on the moving citing fraud concerns and the recent spike in personal loan losses.
Working with Bumped, TAB Bank is offering customers “cash back” as fractional shares of popular retailers.
Alibaba’s Ant Financial Backs $10 Million Round for Blockchain Privacy Startup Citigroup is switching up its innovation strategy in an...
Wunder Capital is a crowdfunded investment firm focused on solar energy projects; it manages solar energy funds, provides customized financing and offers loans; its 2016 report says it has originated $87 million in financing across 310 deals with zero write offs; its solar energy funds include the Wunder Term Fund with a projected 2016 annual return of 8.5%, the Wunder Income Fund with a projected 2016 annual return of 6% and the Wunder Bridge Fund with a projected 2016 annual return of 11%. Source
Fintechs are diversifying to survive, adding solutions to monetize their customer base and reduce dependence on riskier lines of business.
Fintech venture capitalists, like everyone else, have been working through how to perform through the crisis and understand what portfolio...
Until now little has been known about the hedge fund that invests in cryptocurrencies; it is backed by big names including Andreessen Horowitz, Sequoia Capital, Union Square Ventures, Founders Fund and Bessemer Venture Partners; the firm owns about a dozen cryptocurrencies, taking a value investing approach; Fortune shares more details about how the fund operates and the eye popping returns the fund has returned to date. Source