Goldman Sachs invests $28M in German fintech set for U.S. debut
Raisin, an online marketplace that aggregates high-yield savings accounts in Europe, aims to launch in the U.S. in the next nine to 12 months. ... Read full article
News Topic: Joint venture funding
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OpenFin raises $17M in funding backed by Wells Fargo, JPMorgan
The company offers an operating system for financial applications akin to Apple's iOS, and more than a thousand applications run on it. ... Read full article
Bankers have another data security issue to worry about
Banks want to encourage innovation by extending access to outside developers, but customer data remains vulnerable while in use by an application. ... Read full article
Silicon Valley Bank expands to Beijing
The Santa Clara, Calif.-based company operates a joint venture in China, which opened its first branch in Shanghai in 2012. ... Read full article