India was one of the fastest growing digital payments markets before the pandemic hit and now many of the companies...
According to Cornerstone Advisors’ 2020 What’s Going on In Banking Study only 20 percent of community banks deployed APIs before...
KEO World Inc. (KEO), the leading B2B Buy Now, Pay Later (BNPL) fintech, today announced the closing of a $20 million growth equity round led by Montr
While fintech firms have helped to change the shape of financial services over the last decade venture capital has largely...
Steven Uster, CEO, FundThrough “I know it might seem sudden for you, but we’ve been engaged in discussions since the Summer, and [BlueVine] has been in discussions internally for certainly longer than that.” FundThrough announced their acquisition of the factoring division of BlueVine on Thursday. A deal that has been long in the works will […]
During their latest earnings call Goldman Sachs revealed their digital bank Marcus brought in more than $35bn in deposits in...
Alex Tapscott took the stage on day two of LendIt USA to begin the day with a discussion on how blockchain can help financial services; blockchain technology has the potential to recreate the infrastructure that the financial services industry was built upon and consumers and banks appear to be onboard with the use of the new technology; however its implementation is far from ready and Tapscott says will not be a reality for at least another three to four years. Source
While the passage of the JOBS Act in 2012 helped to spur crowdfunding into an exciting industry, questions have continued surrounding investor protections and the legitimacy of companies using this method to raise capital; SeedInvest CEO Ryan Feit recently told the New York Times: "I'm legitimately concerned that a lot of people are going to be losing money; investing in startups is really risky, and it's very different than buying a used couch. We definitely do not think you should treat it like Craigslist."; investors don't necessarily understand the investment and companies are not following the rules fully, causing many in the industry to legitimately worry about the way forward. Source
Las valoraciones de las fintech se han hundido incluso más rápido de lo que subieron, haciendo difícil la llegada de nueva financiación para estas empresas. Mientras tanto, aumentan las ventas y fusiones con operadores tradicionales.
Hey crypto bros! Journalism ? advertising Coinbase is allowing customers to make big trades in the shadows in attempt to...