Post Tagged with: "Investing"

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

Citi Shows Off the Eye-Popping Power of Virtual Reality for Trading [VIDEO]

Citi Shows Off the Eye-Popping Power of Virtual Reality for Trading [VIDEO]

by June 17, 2016 at 10:56 am 3 comments

We’ll say this: virtual reality trading looks cool. Citigroup released a video earlier this week that shows the potential (tremendous) power of virtual reality to present data for trading. The example used is a trader at a workstation with a massive monitor — the technology could equally be used with mobile devices —Read More

Scandal Rocks Lending Club, Laplanche Ousted

Scandal Rocks Lending Club, Laplanche Ousted

by May 9, 2016 at 9:07 am 7 comments

Investors were looking to today’s Lending Club Corp. earnings as a sign of validation for the troubled marketplace lending sector. Instead, they got scandal. The company said Renaud Laplanche has resigned as chief executive and chairman after an internal review found sales of $22 million in near-prime loans to aRead More

Say Hello to Our Spring 2016 Class of Startups

Say Hello to Our Spring 2016 Class of Startups

by April 28, 2016 at 11:00 am 0 comments

Bank Innovation INV, this blog’s fintech accelerator, is pleased today to announce the six extraordinary startups that have been admitted to its inaugural class. The companies selected from applications received from startups around the world are: CrossCues Dyme GoldBean Hermetic Security Spare We Are Briqs The companies, chosen after a comprehensiveRead More

Fintech’s Power Grab — in The New York Times

Fintech’s Power Grab — in The New York Times

by April 7, 2016 at 12:11 pm 0 comments

Ok, it’s safe to say fintech has hit the big time. The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge toRead More