The CEO and Co-Founder of Nav talks small business finance and how his company is helping small business owners become more successful. Source
The largest online small business lender in the US is now PayPal having done $4 billion in loans in 2018;...
CreditEase Fintech Investment Fund (CEFIF) announced three investments in new fintech companies at LendIt USA 2017; the investments were a series C round in Trumid, an electronic trading platform for the bond market, series B round in WeConvene, an online corporate access management ERP provider for capital markets, and a seed round in WorldCover, an innovative peer-to-peer insurance network; Anju Patwardhan, senior partner of CEFIF, said: "We believe the Chinese fintech market will continue to grow in 2017 and beyond, as many three to five year-old companies have grown into large-scale operations. We expect many of these to mature into high-quality, mid-to-late stage companies." Source
Wednesday, prepaid debit card and education app GoHenry announced that they had raised $55 million in a new funding round.
A group of crypto focused bankers have launched Fincross International, a one stop shop investment bank for hedge funds, family offices...
After almost three years of operation, Ank, Itau's digital banking enterprise in Argentina, is moving closer to a shutdown.
The Americas fintech market is humming along but has cooled quite a bit from last year according to the KPMG’s...
The fintech company is graduating from the Y Combinator's summer 2017 class and will be presenting at Demo Day next week; the company was founded by former Blend employees and offers similar technology for loan applications; different from Blend, it seeks to serve a broader target market than just mortgage loans and it is also focusing on mid to small market companies; it offers a white label software service that can be used to improve online loan applications. Source
Pat White, the founder of crypto enterprise startup Bitwave, said programmable money and its infrastructure will change traditional institutions.
Leading UK digital bank, Revolut, is bringing its open banking data aggregation feature to its one million Irish customers; the...