Venture funding

Now $500 million richer, Chime eyes acquisitions

12/06/19

The challenger bank might use the proceeds from its latest funding round to buy other fintechs that would allow it to add more products and services, its CEO said.

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Cloud banking provider nCino raises $80 million

10/03/19

The company will use the funds to increase research and development efforts as well as expand its global presence.

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Subprime card lender introduces ex-Barclays exec as CEO

09/16/19

Mission Lane, which was spun off from LendUp in December, said Monday that Shane Holdaway took the helm in August after roughly a year serving as CEO of Barclays' U.S. consumer bank. The upstart lender also announced that it has raised $200 million in equity funding.

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What Citi sees in Even Financial

09/06/19

The bank helped raise $25 million for the fintech because of its potential to bring banks and nonbanks together in a virtual marketplace.

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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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