News Topic: Venture funding

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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

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

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. ... Read full article

Leading investors say too many traditional financial institutions, out of their depth in fintech investment, end up placing controls that slow down otherwise nimble young companies. ... Read full article

Flourish, a fund backed by Pierre and Pam Omidyar, invests in startups that address social and financial inequities yet (key caveat) are still promising moneymakers, a top official of the fund explains. ... Read full article

Female startup founders consistently receive far less venture capital money than male founders, but a program by Quesnay is looking to change that. ... Read full article

The former deputy director of the Consumer Financial Protection Bureau shares his thoughts on the bureau's evolution, payday lending, and fintech regulation. ... Read full article

The Salt Lake City company, which connects small-business owners with lenders like JPMorgan and BofA, plans to use the funds to expand its partnerships and customer base. ... Read full article

Venture capital-backed fintech funding surged 120% in 2018. Following is a summary of fintech milestones and potential future moves for the industry. ... Read full article