LoanSnap has secured $10 million from True Ventures, Morado Ventures, Work Play Ventures, Accelerator Ventures and MANTIS; interestingly MANTIS is...
There is no need to regulate stablecoin issuers as banks (because they will not provide credit) but instead to regulate them under something like the European electronic money regime....
Loft announces its debut in Mexico with the acquisition of TrueHome. Read all about it on LABS News!
The company reaches a US$180 million valuation and announces QuickPay, its first financial product for carriers.
Investment in regtech companies has reported a 38.5% compound annual growth rate over the past five years with a record $678 million invested in 70 companies in 2016; globally London has taken the lead reporting the greatest number of investment deals from 2012 to 2016 at 39; anti-fraud companies have been increasingly receiving greater investment with $334.8 million in 2016 accounting for 49.4% of total regtech investment. Source
A new report by LATTICE80 with money management tool Miss Kaya of the top 100 women in fintech shows that...
CEO of LendIt Fintech Bo Brustkern recently traveled to London to meet with fintechs, regulators and investors; in this post...
Deloitte has released a report on global fintech hubs with London reported as the strongest fintech hub for the second consecutive year; the report was generated in collaboration with Innovate Finance and released at the Innovate Finance Global Summit in London; the report results were based on six main factors including: access to technical expertise, proximity to the customer base, regulatory framework, government support, innovation culture and international diversity. Source
More than $1 billion has been invested in UK fintech companies this year; the first half of the year brought $564 million of VC investments, up 37% from the prior year period; according to the article, fintech is worth $9.25 billion to the economy and employs 60,000 people. Source
London-based fintech company, Zilch, has today announced they have secured €95 million Series C funding round reaching a value of €1.7 billion. The