Startups

What’s the State of Banking Innovation?

What’s the State of Banking Innovation?

by September 2, 2014 at 7:00 am 0 comments

Is the intensity of banking innovation really heating up?

Lending Club Files For IPO, But Offers Little Insight

Lending Club Files For IPO, But Offers Little Insight

by August 28, 2014 at 1:29 pm 0 comments

Lending Club has filed a $500 million IPO, according to S-1 filings sent to the SEC. Interestingly, Lending Club’s S-1 filing lacks key information that might give insight into the still-private company.

Digital Identity Startup Socure Files For $5.6 Million Series A

Digital Identity Startup Socure Files For $5.6 Million Series A

by August 26, 2014 at 11:58 am 0 comments

Socure files for a $5.6 million Series A round, according to SEC documents discovered by Bank Innovation.

Clinkle Searches for Ideas in Expensive Hackathon Promo Video

Clinkle Searches for Ideas in Expensive Hackathon Promo Video

by August 25, 2014 at 3:58 pm 0 comments

Clinkle, the $30 million startup that was supposed to revolutionize payments, has had a number of stumbles over the past year. Between launching a desperate commercial last September to offering users $10 if they used their card five times, Clinkle’s been struggling to attract and hold on to customers. ARead More

Why IT Needs to Be Part of the Regulatory Compliance Debate

Why IT Needs to Be Part of the Regulatory Compliance Debate

by August 22, 2014 at 10:42 am 0 comments

The ABA’s Frank Keating argues that banks deserve “balanced, nuanced” regulatory compliance that does not upend their economic prospects, particularly for smaller community banks. But that argument rings hollow.

Simple 2.0: Redesign & New Features

Simple 2.0: Redesign & New Features

by August 19, 2014 at 11:58 am 1 comment

Simple 2.0 is not only a major redesign but adds a plethora of new features, leveraging newly developed technology.

GoBank to Return — with Monthly Fees

GoBank to Return — with Monthly Fees

by August 19, 2014 at 10:59 am 1 comment

Apparently GoBank’s experiment letting users choose their monthly fees didn’t work out so well. GoBank has been out of action lately, not allowing new members for the past several months.

Ribbit Capital Files To Raise $125 Million For New Fund

Ribbit Capital Files To Raise $125 Million For New Fund

by August 18, 2014 at 11:32 am 0 comments

Ribbit Capital filed an amendment to increase the target amount for its new fund to $125 million.

Betterment Focuses On Tech & Accessibility to Revamp Wealth Management

Betterment Focuses On Tech & Accessibility to Revamp Wealth Management

by August 15, 2014 at 2:53 pm 0 comments

Brokerage firms have been dealing with their brokers leaving for lesser-known independent funds and startups. What’s behind this migration of talent and money from established, buttoned-up firms to laid-back startups like New York-based Betterment? It may be because the startups know young people, and young people are the future of,Read More

As Braintree Warms Up to Bitcoin, Startups Like Circle Fight For Innovation

As Braintree Warms Up to Bitcoin, Startups Like Circle Fight For Innovation

by August 15, 2014 at 12:12 pm 1 comment

Behemoths like Braintree are said to be accepting bitcoin in the near future, but startups like Circle are fighting regulators for their lives.

What’s the Hidden Strategy Behind the Belly and Level Money App Updates?

What’s the Hidden Strategy Behind the Belly and Level Money App Updates?

by August 15, 2014 at 10:48 am 1 comment

What’s the message behind the major two major updates of fintech apps this week? Belly and Level Money, two upstart fintech apps, released major upgrades this week — Belly yesterday and Level Money on Wednesday. Belly, a rewards app, added a feature called Belly Bites, where users can redeem freeRead More