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On Finovate.com “Uber, Green Dot Partner to Help Drivers Get Paid Promptly” On FinDEVr.com “Symbiont and Ipreo Team Up to Accelerate the Loan Settlement Process” Around the web Western Independent Bankers (WIB) picks Bizfi as its exclusive premier alternative finance solution provider. Coinbase adds stop orders to its Coinbase Exchange platform. Markit unveils new tax Read more…
On Finovate.com “Ledger Launches Blockchain Open Ledger Operating System” “Finovate Debuts: VoicePIN Offers an Easy Biometric Login Solution” “Finovate Debuts: SuiteBox Introduces its Virtual Meeting Rooms for Financial Professionals” On FinDEVr.com Avalara teams up with WooCommerce to help online merchants manage sales taxes. Check out our latest round of FinDEVr New York previews, featuring: Accusoft Aerospike Read more…
The official start of spring is quickly approaching which means it must be time to announce our presenting companies for FinovateSpring 2016! Following our return from our London conference, we spent weeks reviewing application after application for FinovateSpring. The innovations in those applications ranged from blockchain technology and big-data solutions to the latest in biometric Read more…
Last week, 22 fintech companies raised a total of $159 million, of which at least $5 million was debt. It was the tenth week in a row with 20 or more fintech deals. By comparison, in 2015 we hit that mark 13 times during the entire year. The year-to-date total raised is $5.5 billion, more than double Read more…
While we continued the streak of 20 or more weekly deals (now = 9), we had a sub-$100 million week for the first time this year. The $76 million raised was the lowest total in a non-holiday week since the first week of March a year ago (who knew the 9th week was so slow?). However, there were Read more…
Anyone saying funding to the fintech sector is slowing, isn’t looking at the same data we are. For the eighth straight week, more than 20 fintech companies raised new rounds. Two months into the new year, the total raised is $5.3 billion, more than double the $2.4 billion invested during the same period last year. Read more…
Bitcoin is inherently difficult to protect and is not guarded from fraud, as many traditional accounts are. To navigate this issue, Ledger has designed hardware to help users preserve ownership of their digital blockchain assets. The company began as the House of Bitcoin, a physical retail location in Paris where people exchange digital currency in Read more…
Although we saw one high-flying fintech unicorn crash to earth this week, the fintech sector continued to attract significant capital with 21 companies raising $214.8 million, for an $11 billion annual run rate. The total included at least $15 million in debt. Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 million for Read more…
On Finovate.com “Credit Karma Unveils New Mobile App Design” “FinovateEurope the Musical (Yes, Really)” “United Capital Acquires FlexScore“ Around the web Striata launches Secure Document Repository solution in the U.S. marketplace. Credit Karma launches redesigned iOS and Android apps. Vantiv Integrated Payments announces the second phase of its Security Pays initiative. KPMG recognizes ebankIT as Read more…
We’re surfing a wave of momentum from FinovateEurope last week. The sold-out show, dubbed by Business Insider as the “debutante ball for innovative financial technology startups,” featured new fintech from 70 companies. The ideas that flowing from onstage offered analysts, bloggers, and press plenty to write about. If you missed it, you can check out our live coverage on Twitter. Here Read more…
Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 million, for a $12 billion annual run rate. The total included at $46 million in debt. And demonstrating the global nature of financial services, only three deals were out of California (Xignite, Renew Financial, and Vast). Read more…
Private capital continued to flow into the fintech sector this week with 21 companies raising $257 million. The total included at least $85 million in debt. One Finovate alum raised new cash: London’s Revolut brought in $4.8 million for its global funds-transfer app. Just five weeks into the new year, fintech companies have raised $4.25 billion in equity and debt Read more…