News Topic: Venture capital

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

In a downturn, some fintechs, such as independent lenders, will be more vulnerable to economic forces than those working to service banks' regulatory needs. ... Read full article

The fast-growing fintech, which says its mission is helping banks be better consumer advocates, will use its cash infusion for hiring, software development and new partnerships. ... Read full article

The Dutch company is no longer a bank in some countries, but more of a digital matchmaker between consumers and financial products provided by third parties, explains innovation chief Benoit LeGrand. ... Read full article

The Los Angeles company has established a network that is designed to help verify the identities of consumer and small-business borrowers. It says 20 lenders are participating and that it is trying to recruit more. ... Read full article

Alkami Technology said it would use its latest round of $55 million in funding to expand the white-label services it currently offers small banks and credit unions. ... Read full article

A trio of big deals in the payments and financial service provider area and continued bank and venture capital interest in fintech investments are creating expectations for a banner year. ... Read full article

Some of the biggest venture capitalists in the field are backing a new digital currency being offered by a leading blockchain academic. ... Read full article

Although the euphoria over blockchain has dissipated recently, many still see it as vital to the future of banks and the economy at large. Following are key issues being hashed out. ... Read full article

In his first extensive interview since taking the job this year, Javier Rodriguez Soler talks about banking as a service, how to keep customers happy and where he sees AI and other tech innovations heading. ... Read full article

Aging tech systems have become a "pain point" in financial services, and VC firms have backed newcomers trying to push aside traditional vendors and win over banks and credit unions. ... Read full article

Expected to close this week, the deal would value the company at an amount similar to the $4.3 billion valuation of its 2017 funding round. ... Read full article

Built Technologies will use the money to invest in research and development while it builds out its client base. ... Read full article

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

Leading investors say too many traditional financial institutions, out of their depth in fintech investment, end up placing controls that slow down otherwise nimble young companies. ... Read full article

Flourish, a fund backed by Pierre and Pam Omidyar, invests in startups that address social and financial inequities yet (key caveat) are still promising moneymakers, a top official of the fund explains. ... 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

The former deputy director of the Consumer Financial Protection Bureau shares his thoughts on the bureau's evolution, payday lending, and fintech regulation. ... Read full article