As VCs pivot from lenders, case for deposit-side fintech is less clear
Brendan Dickinson of Canaan Partners says PFM startups have deep relationships with customers unlike online lenders, but the revenue model isn't as strong. ... Read full article
Brendan Dickinson of Canaan Partners says PFM startups have deep relationships with customers unlike online lenders, but the revenue model isn't as strong. ... Read full article
The funding comes as the financial services industry continues to search for safer ways for customers to share their account data with third-party apps. ... Read full article
"Virtually evert venture capitalist I know is excited about insurance as the next big thing in fintech," says Sam Hodges, co-founder and U.S. managing director at Funding Circle. ... Read full article
Blockchain Capital wants to raise $10 million by issuing its own digital token, a method the firm says is the future for startups, VCs and everybody else. ... Read full article
An improved state-level system could be a tremendous advantage. Working closely with a cooperative regulator, innovators large and small can rapidly test a concept within state lines. ... Read full article
The ICO fundraising model has already yielded more than $230 million for startups. ... Read full article
The venture capital firms of Goldman Sachs and Citigroup, along with the fund backed by Google’s chairman, have invested in a firm that helps banks secure their cloud technology. ... Read full article
Several startups have announced new funding rounds in the last month. They plan to use the cash to improve their products and ramp up sales. ... Read full article
The fintech firm will use the $5.5 million in funding to expand its operations and improve its products. ... Read full article
The cross-border payments startup will use proceeds from its Series D round to fuel growth. ... Read full article
Qapital's funding round comes as banks are increasingly adding money-management tools to their mobile apps. ... Read full article
ID.me raised $19 million in a Series B round that was led by FTV Capital and included USAA. ... Read full article
The Most Influential Women in Payments are the ones taking risks with new ideas and investments, and developing the technology that will forever change the way people handle money. Not only do they set an example for their peers, they are unafraid to learn ... Read full article
The Santa Clara, Calif.-based company operates a joint venture in China, which opened its first branch in Shanghai in 2012. ... Read full article
Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other. ... Read full article
A core processing startup gets $16 million and a U.K. challenger bank raises $27.6 million. ... Read full article
The wave of technology that's turned card swipes into dips, phones into wallets and micro merchants into global sellers will proliferate, says Andrew Rueff of Waud, a Chicago-based private equity firm. ... Read full article
Nyca is one of the most active venture capital firms in fintech globally and its second fund should give it plenty of dry powder to pursue further deals. ... Read full article
Kasisto, a provider of chatbots to banks, announced Thursday a $9.2 million Series A funding round led by Propel Venture Partners with participation from Mastercard and Commerce Ventures. ... Read full article