Venture funding

JPMorgan Chase, CFSI announce fourth annual lab challenge

02/28/18

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

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

02/15/18

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

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

02/14/18

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

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Initial coin offerings: ‘For some, it will end badly’

01/15/18

Venture capitalist Spiros Margaris offers a level-headed perspective on the hotly debated cryptocurrency alternative to traditional methods for funding young companies.

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MoneyLion, a personal finance startup, raises $42M

01/04/18

The New York company, which offers loans and provides personal finance advice, plans to expand its product line and invest in new technology with the funds.

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Mission-oriented neobank gains $47 million in funding

12/12/17

Rather than charge set fees, Aspiration offers customers name-your-fee accounts and donates to charities based on the amount of money it makes.

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Why JPMorgan, Amex, HSBC are backing ‘isolation’ web browsing

12/11/17

In a rare show of public support for a security technology, the banks are leading a $40 million funding round for Menlo Security, provider of browser technology that keeps malware at bay — and they’re using it, too.

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How banks can herd ‘unicorn’ clients

11/21/17

Tech startups differ from a bank’s typical commercial clients; many want a trusted financial adviser.

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Credit card aimed at thin-file consumers rebrands, raises $12M

10/24/17

Deserve is offering unsecured cards to young adults who do not have traditional credit scores. The Silicon Valley startup uses a proprietary algorithm that analyzes bank account activity to evaluate the likelihood that borrowers will repay.

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Words matter: How gendered discourse could be stifling female entrepreneurship

10/03/17

Researchers in Sweden found that venture capitalists often use unflattering language to describe women entrepreneurs. That could explain why women’s applications for funding were rejected more frequently than men’s.

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