Rocket Companies announced on Monday it is acquiring the personal finance app Truebill for $1.275 billion.
Innovate Finance and the Financial Conduct Authority have published a preview report on the UK Fintech Sandbox with a full report planned for May 2017; the preview report provides insight on the benefits of fintech sandboxes and how they can promote innovation while also helping to facilitate regulation. Source
The UK Financial Conduct Authority and Ontario Securities Commission will now partner on fintech innovation; an agreement between the two agencies will help facilitate expansion for financial technology companies; both agencies will support cross-border business growth and will also share information on trends and regulatory proceedings. Source
DDS 2.0 allows consumers to switch their direct deposits seamlessly from one institution to another without paper forms or talking to HR.
LoanStreet’s New Commercial Lending Solution Combines Automation and Networking for Financial Institutions CrowdOut Capital Launches Dallas Office with Key Hire...
Accurate data access is critical for fintech development in climate change, yet access to this data is met with barriers. Connect Earth aims to open source data and enable integration into any fintech app.
Change continues to come to fintech venture financing, and there's no sign of slowing down, Matt Harris said at Fintech Nexus 2022.
Harmoney has shared that they are working with DataRobot to improve credit assessments; DataRobot automates data science workflow and allows users to customize predictive models; Harmoney’s models have been trained on data from over 300,000 loan applications; previously it took them 12 to 16 weeks to deploy models, now it takes just minutes. Source
Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital. Fifth Wall also participated in the financing, along with existing backers OneVC, Elad Gil, Liu Jang and new investors Fen Ventures, Broadhaven...