Lend Academy features two companies, Landed and Fundrise, who are taking a unique approach to building to new homes and providing down payment assistance. Source
Fintech firms are extending credit to UK manufacturers so they can stockpile raw materials in case a no-deal Brexit actually...
New York State Senators held a roundtable last week for NY based blockchain companies to give their opinions on the BitLicense; the BitLicense is seen as being too restrictive, especially for startups, and the listening session was meant to get industry points of view before making reforms; one of the biggest complaints is the current regulations are too one size fits all; it is a good sign to see legislators engage the community but NY’s Department of Financial Services was not invited and so there is skepticism that any change will actually occur. Source.
The company is called Majority and aims to support immigrants who lack credit history; they are planning to launch in...
Ant Financial is seen as one of the world’s top fintech companies and is now reviving their plans for an...
American Express has historically focused on building their own products but the firm is now open to more partnerships to...
Visa, Mastercard Fined Wirecard for Dubious Transactions Mexico-Based Prop Tech Flat.mx Secures $25 Million in Debt Financing From Arc Labs...
The Federal Trade Commission (FTC) will hold a fintech forum focusing on blockchain and artificial intelligence on March 9, 2017; the forum will be the third fintech forum for the FTC; event will be free and open to the public at the University of California, Berkeley. Source
Tricolor Secures $30 Million To Expand Platform for High Quality Used Vehicles and Affordable Financing Nationally Dot Raises $8M in...
Passporting could increase fintech competitiveness across Europe as the UK prepares to leave the European Union; passporting would lower regulatory requirements for fintech firms in the European Union allowing them to operate more freely across Europe; it would also create greater incentive for firms to move their business to the European Union and away from London; the European Commission has launched a three month consultation period on passporting and new legislations for fintechs which will be followed with legislative proposals; on Thursday, March 23 the European Commission also published a plan for European Union financial services companies that will focus on reducing costs and increasing consumer protection. Source