Venture capital

Regulators propose Volcker Rule changes to allow VC stakes

01/30/20

In another rollback of the bank trading ban, the federal agencies unveiled a plan to allow financial institutions to invest in multiple companies through certain fund structures.

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Gene Ludwig, Chip Mahan launch $545M fund for bank-friendly fintechs

01/22/20

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.

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Scharf’s first day at Wells Fargo; Zuckerberg readies to face the Hill

10/22/19

The new CEO is the first outsider to head the scandal-ridden bank in decades; Facebook CEO faces the House Financial Services Committee on Wednesday to discuss Libra.

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Cloud banking provider nCino raises $80 million

10/03/19

The company will use the funds to increase research and development efforts as well as expand its global presence.

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What Citi sees in Even Financial

09/06/19

The bank helped raise $25 million for the fintech because of its potential to bring banks and nonbanks together in a virtual marketplace.

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Farmers National expands near Cleveland with Maple Leaf purchase

08/30/19

Farmers will pay $40 million for the bank, which is in an affluent area in northeast Ohio.

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Shakeout predicted in automated wealth management

08/28/19

Traditional players are getting innovative, and upstarts are becoming more sophisticated. The survivors will be companies that offer consumers an array of easy-to-use services, a venture capitalist says.

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CRE meets AI in fintech's tool for lenders

08/23/19

Blooma has developed a software product that combs databases to create property profiles for commercial real estate lenders. It can drastically cut origination costs and approval times and help banks identify safer loans, the company says.

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Challenger banks rake in venture capital bucks

08/13/19

Changing consumer attitudes about these companies and the emergence of open banking have made them appealing to venture investors, whose commitments rose 15% in the first half of the year.

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Warren bill takes aim at private equity 'vampires'

07/18/19

A centerpiece of her “economic patriotism” bill is to transform private equity firms, which she said will buy a company and bleed it dry before “walking away enriched even as the company succumbs.”

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