News Topic: Venture capital

Citigroup's venture capital arm is investing in technology that provides real-time analysis of millions of consumers' card transactions. ... Read full article

Venture capital-backed fintech funding surged 120% in 2018. Following is a summary of fintech milestones and potential future moves for the industry. ... Read full article

Banks are a primary market to be pursued by Blue Hexagon, which received $31 million in venture capital. ... Read full article

CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served. ... 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

Fintechs are developing data-crunching, automated products that seek to help banks precisely calibrate capital levels. The banks' goal is to pass stress tests while maximizing returns to investors. ... Read full article

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups. ... Read full article

Its early days yet, but decentralized apps will democratize finance, says Andrew Keys, cofounder of ConsenSys Capital, the financial services arm of ConsenSys. ... Read full article

Good Money just raised $30 million and is a year away from launching, but already is raising concerns for its trash-talking of established players. ... Read full article

Trustology protects private keys to digital assets the way parking valets look after car keys. ... Read full article

Schwark Satyovolu, original co-founder of Yodlee and current venture capitalist at Trinity Ventures, shares opinion on how consumer data sharing is evolving. ... Read full article

The House Financial Services Committee chairman said "so far, the United States Senate has done nothing on a bill that passed" the House with over 400 votes. ... Read full article

The latest personal financial management tools provide a more passive approach for customers that analyzes patterns and suggest ways to fix issues. ... Read full article

Andrew Keys, co-founder of the venture capital firm ConsenSys Capital, has a vision of the future bankers might find chilling, in which banks and other middlemen are cut out of financial services. ... Read full article

The Omidyar Network has invested in five challenger banks. Tilman Ehrbeck, who is leading its financial inclusion efforts, says the firm will invest more in apps for gig workers and retirees next year. ... Read full article

The Spanish bank’s investment arm, Propel, is jointly working with the venture capital firm Anthemis Group to find promising startups. ... Read full article

Harvest is when farmers need funding the most. ProducePay has financed over $850 million of produce in under four years, disrupting traditional finance rules in the farm-to-table process. ... Read full article

Striking the right balance between personalization and privacy is just one challenge the startup Finn AI is grappling with as it refines the artificial intelligence behind banking through Alexa and other devices. ... Read full article