2019 has already seen a massive amount of deals in fintech; the founder and CEO of Curve, a company which...
The European robo adviser has gained 10,000 customers and reported GBP260 million ($339.25 million) in assets under management; customers include Italian and UK consumers; source provides other data from the company's earnings results reporting a loss of GBP6.3 million ($8.22 million) from revenue of GBP167,628 ($218,721) for 2016; company says it is forecasting profitability by 2019; currently partnering with Allianz and another firm in Italy on two new servicing deals; also focused on launching a pension product this year. Source
Peter Renton reviews his 2017 marketplace lending predictions and shares projections for 2018. Source
Meet Islands of Cool, a blockchain-based carbon removal project out of New Zealand that wants to make carbon offsets cool.
The co-founders of Unconventional Ventures write about the purpose of fintech; while fintech has made tremendous strides in the past...
In this week’s PeerIQ Industry Update they cover the latest minutes from the FOMC meeting, the new NY Fed report on mortgage lending and Lending Club’s earnings report; the FOMC is on track to raise rates 3 times in 2018 and the new rates could affect ABS pricing; the NY Fed report on the role of technology on mortgage lending said fintech lenders are reducing processing times by 20 percent and default rates by 25 percent; Lending Club reported record revenue and a net loss, their stock dropped 18 percent on the news; PeerIQ also gives a report on their recent partnership with Cross River Bank. Source.
Before the age of fintech, teenagers would usually open bank accounts at the same bank their parents did. I remember at the age of 12 being thrilled at having my very own bank account that even paid interest. It was a coming of age that felt big to me.
Solving business problems means you can better avoid the other fintech founder traps.
Milind Mehere is the CEO and Co-Founder of Yieldstreet and in this podcast episode he discusses alternative investments and why now is a good time to be in the space.
Stock option financing startup SecFi has raised $550mn from Serengeti Asset Management; SecFi is a platform that allows workers to...