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Fintech

FintechNews RoundupUSA
·Feb. 6, 2019

Personal Capital Eyes IPO with New Fundraising

Digital wealth management startup Personal Capital has raised $50mn in a series F round; the fundraising was led by IMG...
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FintechNews RoundupUSA
·Feb. 6, 2019

Falling Income for Credit Card Issuers

The credit card business used to be much more profitable for banks; a recent study showed that fee income across...
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FintechNews Roundup
·Feb. 6, 2019

The Challenges Serving the Unbanked

The reality is that 33.5 million people in the US are still unbanked and underbanked; traditional banks have historically avoided...
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FintechNews RoundupUSA
·Feb. 6, 2019

Chime Aims at Big Disruption with No Fee Accounts

Digital banking startup Chime is looking to ride the wave of challenger banking and provide customers with a better experience...
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EuropeFintechNews Roundup
·Feb. 6, 2019

P2P Global Sells US Consumer Portfolio, Adds Real Estate

P2P Global Investments’ NAV rose .78% in December and returned 5.2% in 2018; the UK-listed fund focuses on purchasing assets...
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FintechNews Roundup
·Feb. 6, 2019

Announcements & Releases for February 6, 2019

Veteran of IBM’s Deep Blue launches AI-based cybersecurity company What does a recession mean for fintech? US challenger Rising Bank...
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FintechNews RoundupUSA
·Feb. 5, 2019

Wall Street Needs to Clean Up Data Before Seeing Power of AI

JPMorgan Co-President Daniel Pinto told Business Insider that the bank is working on a massive process of cleaning of data...
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FintechNews RoundupUSA
·Feb. 5, 2019

HGTV Shows Helping to Spur Home Renovation Lending

Home renovation lending is expected to exceed $350bn in Q3 and Q4 of 2019; this type of lending has increased...
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FintechNews RoundupUSA
·Feb. 5, 2019

New Report Highlights Risks of Fintech

A new report by analyst Karen Shaw Petrou argues that fintech firms pose just as many risks as they do...
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EuropeFintechNews Roundup
·Feb. 5, 2019

Investigation into Wirecard’s Accounting Practices

Wirecard has announced that an external law firm is investigating accounting manipulations by a member of the company’s finance team...
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