Venture funding

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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Varo Money raises $100M, files deposit insurance application

07/16/19

The new funding comes as the challenger bank inches closer to gaining regulatory approval for a national bank charter.

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Goldman Sachs invests $28M in German fintech set for U.S. debut

07/16/19

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.

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Which fintechs are best positioned to handle a recession?

06/28/19

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

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Fintech MX gets $100 million in funding to expand operations

06/25/19

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.

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ING bets its future on open banking

06/17/19

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.

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Cloud banking vendor for small institutions gets big boost

06/10/19

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.

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The year of the fintech merger

06/10/19

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.

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What Biz2Credit plans to do with $52 million

06/04/19

The online lending marketplace will use the equity financing from WestBridge Capital to diversify the digital products its offers banks trying to compete for small-business borrowers, its CEO says.

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