Fintech banking app Point (not be to be confused with the real estate fintech) has announced its first major round...
Income Share Agreements (ISAs) are slowly growing in popularity as an alternative to traditional student loans; a new company called...
The new head of the OCC, Joseph Otting, reaffirms the agency’s support of the fintech charter. Source
Trust in banks was crushed during the financial crisis and as recently as last year banks ranked only ahead of...
LendIt Fintech is delighted to announce that we have secured new dates for LendIt Fintech USA 2020. Our flagship event...
Polychain Capital, a hedge fund that focuses on investing in digital assets such as bitcoin and ether has raised $10 million; the funding comes from venture firms Andreessen Horowitz and Union Square Ventures; the company launched in September with $5 million from 30 investors and is led by Olaf Carlson-Wee who was also the first employee of Coinbase; according to Olaf: "There will be many types of assets codified into the blockchain, and they are all not just going to be on the bitcoin blockchain — it's going to be a number of different assets here. And the best way to invest in that is a diversified portfolio." Source
The company is called Majority and aims to support immigrants who lack credit history; they are planning to launch in...
FinTex Chicago is launching Currency on June 1; Currency is a new initiative from the nonprofit group that will provide a new resource for startups; Currency will be located at WeWork on 20 W. Kinzie Street and will potentially rent some of its 32-desk space; Currency is expected to be a gathering place for fintech startups, academics, regulators and established firms in Chicago, according to Jason Henrichs, co-founder of FinTex Chicago; Currency and its partners also plan to share online resources and offer programming on the fintech regulatory environment. Source
Paramount Financial Technologies is powered by artificial intelligence and analytics to help banks understand more about the effectiveness of branches;...
A new fintech, SoLo Funds, has launched to allow customers to be the borrower and lender as they try to...