US Fed bars ex-Goldman Sachs staff over 1MDB misuse
Two former employees are prohibited from the banking industry.
Investment & Funding
Omidyar Network releases fintech venture fund with Flourish
New firm Flourish launches evergreen fund backed by founder of eBay.
GreenKey Technologies secures investment from IPC
IPC gets exclusive rights to GreenKey’s machine learning voice solutions.
Top fintech stories this week – 8 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Shift Technology lands $60m funding for AI ambitions
Series C round brings total investment in insurtech to $100 million.
US mobile banking start-up Chime rings in $200m funding
The challenger is now valued at $1.5 billion.
ID verification firm Socure so cool with $30m funding
The Series C round takes the company’s total funding to $57.5 million.
Cloud Elements on API high with $25m funding
Denver cloud boys – and girls – now have total capital of $46.2 million.
Go Figure! US lendtech gets $65m funding
Brings its total funding to $120 million for its second year of operations.
Edison Partners lights up $62m funding for YieldStreet
US digital wealth management platform gets delicious dollars.
Microsoft’s M12 leads SpyCloud’s $21m funding round
Latest round takes Texan firm’s total capital to more than $28 million.
Breathe Life gets $3.5m funding for insurance sparkle
Seed round led by Diagram Ventures with participation from Real Ventures.
Top fintech stories this week – 22 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
US analytics platform Stratifyd gets $4m funding kick from Arsenal
Follows on from a $25 million Series B announced last fall/autumn.
Allianz X boosts fund size to €1bn for insurtech action
Looking for digital firms in insurance and asset management space.
Nassau Re Imagine-s insurtech accelerator in US
Nassau Re/Imagine designed to develop the insurance industry in Connecticut.
Intel outfit ThousandEyes looking at $50m funding
Series D round includes GV, formerly called Google Ventures.
NsKnox raises $15m with Microsoft’s aid
Fighting the fraud fight for payments.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
Munich Re leads $9m investment in insurtech Inshur
US/UK firm gets Series A funding and credit facility for its rideshare journey.
Fintech investment in US hits record $52.5bn
KPMG’s “2018 Pulse of Fintech” report is good news for the States.
Goldman Sachs leads $44m funding in US business credit start-up Nav
Other investors include Point72 Ventures and Experian Ventures.
Socotra gets $5m support for core insurtech platform
With the support of US-based Nationwide and Mitsui Sumitomo.
Barclays and Ripple back SendFriend’s $1.7m funding
Philippine paytech finds lots of friends as it readies for US launch.
Video: fintech news weekly round-up – 11 February 2019
Challengers Starling and Revolut, Tink, and the importance of digital assets.
US insurtech Jetty lands $25m funding
New York-based start-up’s Series B round led by Khosla Ventures.
Sensors working overtime as AIStorm raises $13m funding
A storm is coming… a good one for IoT, biometrics and wearables.
Databricks keeps building with $250m funding
Now valued at $2.75 billion – and with the continuous support of Microsoft.
Possible Finance definitely raises $4m funding
Stunning Seattle-based lendtech looking for fintech nirvana.
IBM invests $2bn in AI tech in New York
Including an AI hardware centre for research.
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
Personal Capital gets $50m in personal capital
Digital wealth management company is in a happy Silicon Valley.
Insurtech CoverHound fetches $58m funding
Plans for US and Japan expansion.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
Video: fintech news weekly round-up – 4 February 2019
Features an investment record, Stripe, Global Financial Innovation Network, Swift and R3.
Fintech investment in 2018 soars to record $40bn
Data from CB Insights shows a 120% increase from 2017.
Equidate re-named Forge Global, boosts Series B to $85m
US-based trading platform looking to broaden its services.
Top fintech stories this week – 1 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
Insurtech Clearcover raises $43m for US expansion
The auto insurance firm will invest in its API platform.
