News Topic: Venture funding

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups. ... Read full article

Its early days yet, but decentralized apps will democratize finance, says Andrew Keys, cofounder of ConsenSys Capital, the financial services arm of ConsenSys. ... Read full article

Prometheum may succeed whether others have failed because it has attempted to work closely with regulators. ... Read full article

Good Money just raised $30 million and is a year away from launching, but already is raising concerns for its trash-talking of established players. ... Read full article

Trustology protects private keys to digital assets the way parking valets look after car keys. ... Read full article

Schwark Satyovolu, original co-founder of Yodlee and current venture capitalist at Trinity Ventures, shares opinion on how consumer data sharing is evolving. ... Read full article

Banks are facing the potential of disruption by digital assistants from Apple, Amazon and Google — and are pouring money into machine learning to provide their own option for automating consumers' financial lives. ... Read full article

Banks are facing the potential of disruption by digital assistants from Apple, Amazon and Google — and are pouring money into machine learning to provide their own option for automating consumers' financial lives. ... Read full article

Andrew Keys, co-founder of the venture capital firm ConsenSys Capital, has a vision of the future bankers might find chilling, in which banks and other middlemen are cut out of financial services. ... Read full article

The Spanish bank’s investment arm, Propel, is jointly working with the venture capital firm Anthemis Group to find promising startups. ... Read full article

The payment terminal maker Poynt, a rival to Square and other hardware providers with customized software applications for merchants, has raised $100 million in a Series C funding round with strategic partners Elavon and National Australia Bank. ... Read full article

A $245 million funding round for the payments processor Stripe contributed to heavy venture capital investment in the third quarter. ... Read full article

It should come as no surprise that Meera Clark would gravitate to ventures like Morgan Stanley's Multicultural Innovation Lab, which pairs venture capital with founders from diverse backgrounds. After all, her mother, Ranjana Clark, is a disruptive ... Read full article

The firm hopes to distinguish itself from other lenders by analyzing customer cash flow to determine the likelihood that borrowers will repay. ... Read full article

The New York company said Wednesday that the new group will provide loans and other services to early-stage, consumer-focused companies. ... Read full article

Minal Hasan, a lawyer turned prominent fintech venture capitalist, has strong views on founder dramas, cryptocurrency, and why banks need to step up their technology game. ... Read full article

Citigroup was so impressed after a two-year test drive of software from the AI vendor Anaconda it decided to invest in the firm. ... Read full article

The skeptics keep waiting for investment in financial startups to dry up, but it doubled in the first half of 2018. KPMG's Safwan Zaheer explains why. ... Read full article