Online auto insurance company, EverQuote, has raised $23 million in Series B funding; the funding is part of a pre-IPO plan to provide liquidity to its founders and employees; the firm will also use the funding to hire 120 employees focused on sales and data; plans also include directly selling insurance on the platform with the use of proprietary data from the firm's app, EverDrive. Source
Anthony Noto, COO of Twitter, has been offered the position as SoFi CEO. Source
Chris Holloman chats with Christian Strobl, Austrian market lead at N26, to discuss how the bank is innovating around the future of work for bank employees.
Thunes raises $10M to make financial services more accessible in emerging markets BankMobile Expands its White Label Banking Presence ‘Hey...
While regulators in the U.S. and around the world had mainly negative things to say about Facebook’s new Libra digital...
Fintechs around the world are feeling the pain of the ongoing crisis, especially when it comes to funding; companies who...
Account to account payments through open banking are set to boom a retailers seek lower-cost options for online shoppers, writes Roger De’Ath, Head of ecommerce, TrueLayer.
The company reached the milestone in July, 11 months ahead of schedule, and is also exploring asset tokenization.
Renaud will kick off day two of LendIt Europe with a keynote speech discussing online lending 2.0 as well as the US online lending industry and its role within fintech overall; Laplanche is currently the CEO of newly founded US consumer lending platform Upgrade; the platform raised $60 million from a Series A fundraising and launched in April 2017. Source
A digital dollar must ensure user privacy, be "identity verifiable," be "intermediated" and be widely accepted as a means of payment, the central bank chief said during a panel discussion hosted by the Bank for International Settlements.