With its new investment, Solfácil wants to expand its business in Brazil and lower the cost of domestic energy.
The new entity will work with businesses in a variety of ways; under “catalysts” internal consultants will help with problem solving and will include the eXellerator innovation lab; “Investments” will include their minority investments in a variety of companies; they have previously invested in Ripple and Paxata; “Ventures” will focus on their investments in new technology. Source
One of the major obstacles for fintech companies has been going state by state to get licensed; however, regulators are...
The rapidly changing landscape of finance has translated to an excessive amount of pressure being placed on financial directors and their departments.
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[Editor’s note: This is a guest post from Biz2Credit. Biz2Credit is a Bronze Sponsor at LendIt USA 2016, which will take...
Carey Olsen discusses offshore corporate structures for fintech companies; these smaller jurisdictions offer many benefits including allowing regulators to be more agile and a broader toolbox of corporate vehicles; Carey Olsen has expertise in advising fintech businesses in the British Virgin Islands, Cayman, Guernsey and Jersey; shares the variations in regulation across these jurisdictions in their blog post. Source
Point72 Ventures led a $3 million round in a company called Extend which was announced today; it allows for business owners to share credit cards with employees and freelancers without giving them physical cards; Point72 also recently invested in Imperative Execution, a dark pool trading platform, “Say” which aims to improve the proxy voting process and DriveWealth. Source
Stripe's possible IPO sent excited waves through the industry. Many see it as the vote of confidence they have been waiting for.
This month marks ten years since I made my first investment in what was then called peer to peer lending....
Small and medium sized banks must carefully consider how they are going to compete with traditional banks and newer digital...