Investors appear to be racing to disperse funds before 2016 comes to an end — and fintechs are benefiting. In the past week, alt-payment companies have led the pack with eight-figure fund raises from high profile investors. Also filling their piggy banks were security and wealth management startups. Rakuten’s startup fundRead More
Post Tagged with: "Kreditech"
Consumer Banking is fundamentally about lending and non-bank lending (whether called AltFi, Marketplace Lending or P2P Lending) is already a mature market. Consumer Banking has taken 73% of Fintech investment to date (vs only 10% each for Asset Management) and Insurance) and has had the first IPOs and the firstRead More
Feeling out of place? The five startups below may have the frontier know-how you need. Last week we looked at a group of fintech companies spanning the world with a suite of Series B rounds. This week the common denominator lies in the oddball assistance needed by entrepreneurs, businesses, and investorsRead More
Last week’s top venture capital rounds echoed the message of the week prior: the future of fintech, and the destination of venture capitalists’ dollars, lies outside the United States. On the list of the five largest fintech fundings this week we find two Chinese companies, one German company, and one SwedishRead More