Fintechs see their profile rise, with banks playing a large part
U.S. fintechs attracted $5.8 billion in the fourth quarter as institutions sought an AI edge. ... Read full article
U.S. fintechs attracted $5.8 billion in the fourth quarter as institutions sought an AI edge. ... Read full article
The private equity firms plan to sell a total of 3 million shares in the Houston company in coming weeks. ... Read full article
SoFi's experience shows that the biggest names in fintech, while generating massive financial support, still operate in a very volatile world. ... Read full article
Venture capitalist Spiros Margaris offers a level-headed perspective on the hotly debated cryptocurrency alternative to traditional methods for funding young companies. ... Read full article
The New York company, which offers loans and provides personal finance advice, plans to expand its product line and invest in new technology with the funds. ... Read full article
Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships. ... Read full article
Tech startups differ from a bank’s typical commercial clients; many want a trusted financial adviser. ... Read full article
Deserve is offering unsecured cards to young adults who do not have traditional credit scores. The Silicon Valley startup uses a proprietary algorithm that analyzes bank account activity to evaluate the likelihood that borrowers will repay. ... Read full article
The tech sector is filled with innovators who want to solve really tough problems. Yet, there is one huge problem they can’t seem to make a dent in. ... Read full article
Researchers in Sweden found that venture capitalists often use unflattering language to describe women entrepreneurs. That could explain why women’s applications for funding were rejected more frequently than men’s. ... Read full article
Fifth Third’s new chief legal counsel, Jelena McWilliams, might be changing jobs again and Australia’s first female bank CEO tells all in a memoir. Plus, the advantage with female founders, and young feminists on the rise. ... Read full article
Startups and open-source software projects have raised $1.3 billion this year through initial coin offerings. The real boom may still lie ahead, fears of a bubble notwithstanding. ... Read full article
The federal agency's investigative report concludes that crowdsales of blockchain tokens known as initial coin offerings may need to comply with securities laws. ... Read full article
A new blockchain network that promises to compete with Ethereum is taking the token sale trend to the next level. ... Read full article
The app allows users, many of them first-time investors, to get started for as little as $5. ... Read full article
The Spanish bank's VC arm added two companies focused on artificial intelligence to its portfolio this week. Both firms promise to help banks connect better with customers. ... Read full article
PwC reports a modest improvement in its gender pay gap. A study finds a big gender pay gap in the U.K’s financial services industry. Plus, female founders speak out about sexual harassment and explain why they kept quiet before. ... Read full article
One of the best early bitcoin companies, Blockchain survived a period marked by scandals and shutdowns to become a market leader and attract new investment for expansion. ... Read full article
Centana Growth Partners has raised $250 million for investment in what it describes as financial services startups with innovations that can be turned into real products. ... Read full article
Long Game uses behavioral economics and the mass popularity of lottery games to redirect lottery spending toward savings. ... Read full article