Venture funding

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.

[more]

Cornell professor launches own crypto coin

05/16/19

Some of the biggest venture capitalists in the field are backing a new digital currency being offered by a leading blockchain academic.

[more]

OpenFin raises $17M in funding backed by Wells Fargo, JPMorgan

05/16/19

The company offers an operating system for financial applications akin to Apple's iOS, and more than a thousand applications run on it.

[more]

What BBVA's new U.S. CEO has on tap

05/06/19

In his first extensive interview since taking the job this year, Javier Rodriguez Soler talks about banking as a service, how to keep customers happy and where he sees AI and other tech innovations heading.

[more]

Alternative core-technology providers catch the eye of venture capital firms

05/03/19

Aging tech systems have become a "pain point" in financial services, and VC firms have backed newcomers trying to push aside traditional vendors and win over banks and credit unions.

[more]

SoFi reportedly in talks with Qatar for $500 million in funding

04/29/19

Expected to close this week, the deal would value the company at an amount similar to the $4.3 billion valuation of its 2017 funding round.

[more]

Goldman Sachs, Regions help raise $55M for construction-lending fintech

04/29/19

Built Technologies will use the money to invest in research and development while it builds out its client base.

[more]

Digital credit card firm raises millions, partners with City National

04/10/19

The startup now has five bank partners and equity financing from four investment entities.

[more]

German-based Challenger bank N26 still 'on track' for 2019 U.S. launch

04/01/19

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.

[more]

Money keeps flowing to fintechs

03/14/19

Chime, Chart IQ, Starling Bank and several other startups have raised millions of dollars from venture capital and private-equity firms this year. Here's what they plan to do with their haul.

[more]