Fortress Alum Mike Novogratz is starting a $500mn hedge fund to invest in cryptocurrencies, ICOs and other companies in the blockchain space; he will start the fund with $150mn of his own money and raise the rest from family offices, fund managers and wealthy individuals; “This is going to be the largest bubble of our lifetimes,” Novogratz said to Bloomberg. "You can make a whole lot of money on the way up, and we plan on it.” Source.
American Express' Pay It Plan It mobile feature allows for installment payments on purchases of over $100; the mobile feature is associated with a customer's American Express card; the company says Pay It Plan It is available now on several consumer credit and co-branded cards and cards issued after June 1 will have the feature added by 2018. Source
Lenders of all stripes are starting to review their lending criteria as they anticipate seeing a wave of applications from...
Much of the attention of the Paycheck Protection Program has been on the automation of the approval process; this was...
The contact us form is a staple of most websites but buy now pay later startup Afterpay never thought it...
Many consumers today believe their financial lives are complex and it’s easy to get caught up in finance topics which...
PayPal participated in Tink’s $90 million funding round which was announced back in January; to go along with the investment,...
After a wild night of trading the value of bitcoin cash reach $2,500 and total market cap surpassed Ethereum for second place; bitcoin cash split from bitcoin back in august and up until recently was trading between $300 and $500; bitcoin has been coming back down as of late with news of a new split not happening and the rise of bitcoin cash both eating into bitcoin’s overall value. Source.
Yapily offers an open banking API that serves all sorts of enterprises including financial service providers, merchants, accountancy firms, payments...
Zhengyuan Lu, OnDeck's Senior Vice President of Capital Markets, will soon move to investment firm, Victory Park Capital; his last day is Tuesday; Victory Park invests in and provides credit facilities to online lenders, including Avant Inc. and Square Inc.; the last year has been a challenge for OnDeck as investors have not been buying loans at the same pace and this has forced the lender to hold more loans on its balance sheet. Source