Post Tagged with: "Investing"

Computers Are(n’t) Smarter Than You: Should You Trust Robos With Your Money?

Computers Are(n’t) Smarter Than You: Should You Trust Robos With Your Money?

by January 12, 2017 at 12:25 pm 1 comment

Consumers are increasingly comfortable with automated investing, but that may not be such a good thing. According to a global study conducted by Accenture, seven out of ten consumers surveyed would “welcome” automation—or robo-advisors—into their financial lives, including a high level of comfort, almost 80% (78%), with robos in traditionalRead More

New York Seed Investors Stayed Strong in 2016 As Others Stepped Back

New York Seed Investors Stayed Strong in 2016 As Others Stepped Back

by January 9, 2017 at 1:36 pm 2 comments

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies likeRead More

Roboadvisors Can Disrupt Investing with a Human Touch

Roboadvisors Can Disrupt Investing with a Human Touch

by January 5, 2017 at 5:27 pm 1 comment

By now, traditional investors are familiar with the threat coming from roboadvisors. The fees and barriers to entry are lower, and millennials can do it all from their smartphones. But roboadvisors face considerable challenges of their own. Among other issues, all wealth management players face steep customer acquisition costs, whichRead More

How Long Will #Bitcoin1000 Last?

How Long Will #Bitcoin1000 Last?

by January 4, 2017 at 9:39 am 1 comment

Bitcoin certainly celebrated the New Year right. Crossing over into 2017, the original cryptocurrency topped $1,000 US in value, just in time for its birthday (yesterday marked the anniversary of the day the genesis block of the bitcoin blockchain was created by the still-elusive Satoshi Nakamoto.) This also marks theRead More

China is the Global Center for Fintech Innovation, says Report

China is the Global Center for Fintech Innovation, says Report

by December 7, 2016 at 11:00 am 0 comments

China has outstripped fintech hubs like London, New York, and Silicon Valley, and is now the global leader in financial innovation, according to a new report released by financial service firm EY and DBS Insights. According to the Rise of Fintech In China report, China has experienced an explosive growth periodRead More

Top 4 Fintech Raises: Treasure Data, Quantopian, Freespee, Active.ai

Top 4 Fintech Raises: Treasure Data, Quantopian, Freespee, Active.ai

by November 14, 2016 at 1:35 pm 1 comment

Quite a few fintech ventures received funding this week; though perhaps surprisingly blockchain is not an area featured on this list—perhaps with all of the recent blockchain proof-of-concepts that are running, investors and angels thought it was time to take a stronger look at artificial intelligence, big data, and otherRead More

Riskalyze Pulls in $20 Million Series A, Has No Plans To Go Public

Riskalyze Pulls in $20 Million Series A, Has No Plans To Go Public

by November 7, 2016 at 10:36 am 1 comment

From almost the very beginning, Riskalyze has had the look and feel of a winner. Which can mean only one thing for the financial services startup: The venture capitalists were circling. “We had tons of inbound emails and tons of inbound phone calls. It was constant,” Riskalyze CEO and founderRead More

Fashionista Paolo Sironi speaks about Fintech Innovation in Investing!

Fashionista Paolo Sironi speaks about Fintech Innovation in Investing!

by October 20, 2016 at 2:00 am 1 comment

Sironi’s hot off the press elevator pitch as a global thought leader, is “I sell the finest FinTech Furniture, FinTech Fashion and FinTech Food” Extract from FinTech #Furniture, #Fashion and #Food George Orwell said that “one would write a book only if driven by a demon whom one can neither resist norRead More

U.S. Bank Partners with Roboadvisory FutureAdvisor [VIDEO]

U.S. Bank Partners with Roboadvisory FutureAdvisor [VIDEO]

by August 25, 2016 at 12:36 pm 3 comments

U.S. Bank has partnered with investment advisory firm FutureAdvisor to provide automated, or robo-advisory services to its clients at U.S. Bancorp Investments, an affiliate of the bank. FutureAdvisor was bought by the world’s largest investment manager, BlackRock, about a year ago. While roboadvisors have their advantages in terms of cost,Read More

Revolut’s Crowdfunding Campaign Hits $17MM in Two Days

Revolut’s Crowdfunding Campaign Hits $17MM in Two Days

by July 13, 2016 at 12:28 pm 1 comment

The hot foreign exchange app Revolut has ordinary users pledging millions to its equity crowdfunding campaign. Just yesterday, the startup announced it raised a $10 million (£7.75 million) Series A funding round to facilitate the way people send and receive money globally. Of the £7.75 million, UK-based Revolut opened up £1Read More