Insurtech startup Lemonade announced “We’re opening up the Lemonade platform to the world!” says Shai Wininger, co-founder of Lemonade; the new open API will allow Lemonade to be seamlessly integrated with commerce websites, financial advisor apps, property management companies, payment software processors, IoT [internet of things] platforms and more as Banking Technology reports. Source.
Financial reform is an uncertain topic for the fintech industry; Digiday talked with attendees at LendIt USA about their thoughts on the Trump administration's proposed regulatory reform; generally, participants reported that they believe the reform could increase interest from banks in partnering with fintech companies since deregulation gives them more flexibility for credit product expansion. Source
The fintech company is partnering with crypto exchange Coinbase to allow their members to purchase cryptocurrencies; it is expected to...
SoFi completed a $727mn issuance, entitled SCLP 2017-6, which makes it the largest consumer ABS deal; this is SoFi’s 11th ABD deal in 2017 worth over $6bn; SoFi said the joint lead managers on SCLP 2017-6 were J.P. Morgan, Deutsche Bank, Goldman Sachs, and Mizuho Securities. Source.
The Linux Foundation has agreed to acquire the Fintech Open Source Foundation (FINOS) and will allow the group to operate...
Akoya is currently Fidelity’s data-sharing arm but now will become its own company, owned by Fidelity, The Clearing House and...
TransUnion's unveiling of seven verticals, called 'global solutions lines,' was the latest step by the information and insights company as it continues to expand beyond its traditional business as a consumer credit reporting agency.
Monica Brand Engel is the co-founder and partner at Quono Capital; they are on the forefront of investing in fintechs...
The sixth largest bank in the U.S. is out with a new marketing campaign designed at helping customers weather the...
The new fund will allow accredited investors to access all of the cryptocurrencies currently on Coinbase; the currencies will be weighted on market capitalization and new cryptocurrencies will automatically be added to the fund; the fund will charge a 2% management fee. Source