Venture funding

How a VC views the bank-fintech battle (hint: banks are losing)


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.


Citi buys into future of artificial intelligence — literally


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


What funding bubble? Banks, VC firms pour more money into fintechs


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.


Third Point takes PayPal stake, sees shares hitting $125


Dan Loeb’s Third Point has taken a stake in PayPal Holdings Inc. in a vote of confidence for the payments processor as it faces increasing competition from the likes of Inc. and Square Inc.


Crowd lending fintech raises more than $17M


Denver-based P2Binvestor plans to use the new funds to expand its bank partnership program.


Vikram Pandit's PE firm invests $100 million into financial inclusion credit card


Fair Square Financial has received a $100 million equity investment from the Orogen Group to fund a credit card designed for underserved U.S. consumer segments.


BitPay's $40M funding round to fuel B2B, cross-border growth


The funding round comes on the heels of what BitPay cited as a record year in 2017 in processing more than $1 billion in bitcoin payments.


JPMorgan Chase, CFSI announce fourth annual lab challenge


The goal of the competition is to increase diversity in the financial technology industry.


Fintechs see their profile rise, with banks playing a large part


U.S. fintechs attracted $5.8 billion in the fourth quarter as institutions sought an AI edge.


Citi, PNC invest in B-to-B payments fintech


The investment continues a trend of banks focusing on commercial payments technology.