News Topic: Start-up funding

The startup, which had already been offering unsecured loans to newcomers to the U.S., is working with technology and banking partners to offer them deposit accounts and debit cards. ... Read full article

Ludwig, a former regulator and CEO of Promontory Financial, and Mahan, the head of Live Oak Bancshares, say they want to back tech startups that support community banks. The ABA and ICBA are among the fund's investors. ... Read full article

The State Bank Group and The Provident Bank are backing Neocova, which focuses on community banks. ... Read full article

HMBradley will assign interest rates according to how much customers set aside from direct deposits each month. ... Read full article

Teslar Software, which supplies community banks with a platform to manage data from different internal systems, received $2 million from the Independent Community Bankers of America. ... Read full article

Aura is one of the few fintechs in the nation to have a Community Development Financial Institution designation from the U.S. Department of the Treasury. ... Read full article

The investments that Rana Yared's team makes in startups help Goldman Sachs in two ways: Besides earning a profit, the company also uses a lot of the technology the startups develop as part of its internal digital transformation. ... Read full article

The New York company formed the nationwide group after hiring a team of former Square 1 bankers. ... Read full article

Some lenders, especially in markets like California, are preparing in case of a technology-industry stumble that hurts business, real estate and other loan segments. Whether those fears are well founded is a matter of debate. ... Read full article

Seven years after James Gutierrez left Oportun Financial and started a competitor, the acrimony sparked by the divorce is coming into public view. ... Read full article

Chime, Chart IQ, Starling Bank and several other startups have raised millions of dollars from venture capital and private-equity firms this year. Here's what they plan to do with their haul. ... Read full article

Female startup founders consistently receive far less venture capital money than male founders, but a program by Quesnay is looking to change that. ... Read full article

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

As robotic process automation expands into day-to-day lending operations, IBM is teaming up with UiPath, a startup that specializes in the new technology. ... Read full article

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players. ... Read full article

The 10 startups will receive initial investments, mentoring and training as part of the ICBA ThinkTECH Accelerator. ... Read full article

The strategies to foster innovation are changing to emphasize cost-effective effort and granting fintechs more control over development. ... Read full article

Since banks are under constant attack by hackers, the startup XM Cyber is offering them a simulator that seeks to do its virtual worst in order to prevent a real breach. ... Read full article