Weekly Wrap: Canadian fintech gets funding injection, as BMO tackles gender identity Bank Innovation Editors December 6, 2019 Capital & Funding, Compliance & Regulation, Corporate Banking, Customer Experience, Premium, Retail Banking, Security & Risk, Startups, Video Welcome to the latest episode of our weekly wrap video series, for the week ending Friday,...
Portag3 Ventures closes $320m fund for consumer and infrastructure plays Suman Bhattacharyya December 5, 2019 Capital & Funding, Innovation Strategy, Retail Banking, Startups, Wealth Management Canadian venture capital firm Portag3 is continuing its global push with the close of a C$427...
Canadian neobank Koho to launch credit and savings products in 2020 Suman Bhattacharyya December 4, 2019 Capital & Funding, Payments, Product Design, Retail Banking, Startups Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include...
Ant Financial to raise a $1 billion startup investment fund Bloomberg News November 26, 2019 Bloomberg, Capital & Funding, Innovation Strategy, Payments Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that...
Paytm raises $1 billion at $16 billion valuation Bloomberg News November 25, 2019 Bloomberg, Capital & Funding, Innovation Strategy, Payments, Retail Banking India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision...
Thai bank targets $1 billion spinoff among Its fintech units Bloomberg News November 22, 2019 Bloomberg, Capital & Funding, Innovation Strategy Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries...
With Honey, PayPal focuses on the path to purchase Suman Bhattacharyya November 21, 2019 Capital & Funding, Payments, Product Design, Sales & Marketing On Wednesday, PayPal agreed to acquire digital coupon platform Honey for $4 billion. Despite the hefty...
INV Fintech’s pivot to bank enablement evident in new accelerator class JJ Hornblass November 4, 2019 Artificial Intelligence, Blockchain, Capital & Funding, Compliance & Regulation, Corporate Banking, INV Fintech, Investing, Lending, Open Banking, Payments, Retail Banking, Sales & Marketing, Security & Risk, Startups, Wealth Management INV Fintech’s new class, announced today, solidifies the accelerator’s pivot to greater bank enablement. INV has...
Weekly Wrap: Luge Capital courts early-stage fintechs, as payment providers rustle with UX and data privacy Bank Innovation Editors October 25, 2019 Capital & Funding, Innovation Strategy, Payments, Premium, Product Design, Retail Banking, Security & Risk, Startups, Video Welcome to the latest episode of our weekly wrap video series, for the week ending Friday,...
Ping An’s $22b push to shed old-school insurance skin Bloomberg News October 24, 2019 Bloomberg, Capital & Funding, Innovation Strategy Ping An Insurance wants to be valued more like a technology company. Its executives have yet...