Post Tagged with: "betterment"

Betterment to Pivot from Investments to Managing ‘All of Your Money’

Betterment to Pivot from Investments to Managing ‘All of Your Money’

by June 9, 2016 at 11:45 am 2 comments

Six years ago roboadvising was the domain of just a few startups, but today the space is getting increasingly crowded. Betterment saw that coming since Day One (exactly six years ago), according to CEO Jon Stein. “But that’s a good thing for us, because every time one of these incumbentsRead More

Ally Buys TradeKing to Move into Wealth Management Sector

Ally Buys TradeKing to Move into Wealth Management Sector

by April 6, 2016 at 9:50 am 1 comment

The branchless financial institution Ally Bank is expanding its offerings with the upcoming acquisition of TradeKing, a wealth management platform, announced yesterday. Ally had floated this ambition back in February. Ally has been adding to the functionality of its mobile app at a fast clip recently. Just last month, the bank announced theRead More

Top 5 Fintech Raises: Betterment, Chase Bank, Bitt, and More

Top 5 Fintech Raises: Betterment, Chase Bank, Bitt, and More

by April 4, 2016 at 1:12 pm 2 comments

Fintech is far from a U.S.-only phenomenon, as this week’s top funding rounds make clear. The week’s top raises runs the gamut from online investments to the integration of Africa’s growing financial space; from the analysis of loan quality and security to the ever-more transparent P2P sector; to providing access to the vastRead More

M&T Bank to Automate Onboarding in Wealth Management

M&T Bank to Automate Onboarding in Wealth Management

by January 22, 2016 at 12:45 pm 0 comments

M&T Bank’s wealth and institutional services unit is in the process of switching to a new image-capture system for its onboarding. The Buffalo-based bank, which introduced remote deposit capture back in 2012, disclosed the IT project during its earnings call earlier this week. Bank Innovation pinged Mitek and Top ImagesRead More

Top 20 Finance Apps: Robinhood Hits the Mark

Top 20 Finance Apps: Robinhood Hits the Mark

by August 20, 2015 at 11:30 am 1 comment

Robinhood, a startup promising free stock trades, made a strong showing in rankings for Google Play store finance apps, coming in at No. 7, putting it ahead of Google Wallet, Venmo, Citibank, and US Bank. Based in Palo Alto, Calif., Robinhood has $66 million in funding and is commonly citedRead More

Narrative Science Sets Sights on Robo Advisory

Narrative Science Sets Sights on Robo Advisory

by July 10, 2015 at 11:30 am 1 comment

Narrative Science, which transforms data into narratives, is largely focused on assisting humans in wealth management. But a new opportunity is arising in automated investing, also known as robo advising, in regards to which Narrative Science is currently engaged in several meaningful conversations. The robo advising world has been excitingRead More

Coolest Brands 2015: XigniteAggregation for Aggregators

Coolest Brands 2015: Xignite

Aggregation for Aggregators

by March 15, 2015 at 9:54 am 1 comment

Building a data-driven financial services company? You will probably end up calling Xignite at some point. The San Mateo-based startup offers on-demand financial data from the cloud to companies such as Yodlee, eToro, Personal Capital, Betterment, and Wealthfront. These are companies selling aggregation services — and doing so by wayRead More

Xignite APIs Now Powering +50 FinTech Ventures

Xignite APIs Now Powering +50 FinTech Ventures

by February 11, 2015 at 11:55 am 2 comments

APIs from Xignite, which provides back-end data integration much as Stripe provides payments integration, are powering, well, a lot of financial services ventures. Today, blogger Jim Bruene (@netbanker) tweeted that Xignite APIs are used by 40 startups that have previously presented at Finovate. Xignite lists a total of 55 companiesRead More

The Growing Network of Fintech Accelerators Globally

by December 14, 2014 at 10:35 pm 1 comment

It’s a good time to be raising money in Fintech. All the major VC Funds are making Fintech bets, there is good activity on Angel List, there are Fintech specific funds and there are Fintech specific networking groups. Many Accelerators are domain agnostic. I have already reviewed the Fintech output from Y Combinator, which is…Read more The Growing Network of Fintech Accelerators Globally

Personal Capital, Cardlytics Score Massive Funding

by October 29, 2014 at 5:27 pm 0 comments

The money is still flowing into FInTech startups. Two veteran players, Personal Capital and Cardlytics, both scored big today with funding rounds of $50 million and $70 million, respectively.