Traditional stock trading firms are beginning to feel the pressure from fintech startups who offer in many cases free trading...
Digital banks that cater to entrepreneurs and freelancers are having a huge impact during the pandemic; more than 16 million...
UK based stockbroker challenger Freetrade became the second fintech to knock crowdfunding site Crowdcube offline during a fundraising round; Monzo...
Yomoni has raised $5 million from Crédit Mutuel Arkéa and Iéna Venture; the firm provides a robo advisory service in France where the concept of robo advice is still very new; the firm will use the funds to expand its workforce and add new features; fees for the service are approximately 1.60% per year; the firm currently has $12.9 million in assets under management and is targeting $1.08 billion by 2020 with plans to potentially expand in Europe. Source
French based DreamQuark is looking to provide an AI solution to banks, asset management firms and insurance companies; the product, Brain, helps financial services companies to make smarter decisions in fraud detection, anti-money laundering and credit scoring; they can also help to better organize data so firms can offer customers tailored products and cut down on false positives so consumers don’t need to call for verification purposes. Source.
Orange is a large French telecom company located in France; users will be able to create an account in an Orange store or completely online; service will be open to non-Orange customers; there will be no monthly fees provided users use their attached payment card; Orange has also partnered with IBM's Watson to provide user support and is also working to add insurance products and loans to the service. Source
Writing his weekly column in Forbes Ron Shevlin of Cornerstone Advisors talks about a few different points of view when...
Demand for grab-and-go shopping grows as consumers show they are less willing to wait in lines after the pandemic.
I have no inside information of the breath of Apple’s POS plans, of course, but it seems to me that if you think this is about making cards a little easier to use at the farmer’s market, you are not paying attention.
Listmakers of the 30 Under 30 in Finance 2022 are entrepreneurs from fast-growing fintech and crypto startups and rising stars at Wall Street’s top firms.