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Facebook co-founder plans to buy assets of failed Palo Alto startup he backed

Once a poster child now in chapter 11...Tech world is fast and without mercy

Jumio has filed for Chapter 11 bankruptcy protection and plans to sell its assets to Eduardo Saverin, the Facebook co-founder who was an...…

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Funding Circle's CEO addressed 'the most pertinent question anyone can ask about our industry'

With ZOPA being the only platform really out there that has weathered one downturn, will be interesting to see the stress test of a real...

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Equity Crowdfunding Just Had Its First Billion Dollar Exit

In early March, it was reported that Cruise Automation, the San Francisco based autonomous vehicle technology developer, had been...

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Elliptic raises $5 million for blockchain security apps

London-based blockchain intelligence firm Elliptic has secure $5m in Series A funding, led by Paladin Capital Group. Elliptic fit between...

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CurrencyFair scores further €8M for p2p currency exchange

Think 2016 will be a though year for FX with increasingly partnerships to make a B2B2C model work and reduce CaC. 

CurrencyFair, one of a number of so-called peer-to-peer currency exchanges, has scored a further €8 million in funding. The round was led...…

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Oaktree, Leumi invest $28.81 mln in online lender EZBob

EZbob, the London based online lending platform raised a $29m Series C round, led by Leumi Partners,and Oaktree Capital Management.

Online lending platform EZBob Ltd closed a Series C funding round with a 20 million pound ($28.81 million) equity investment from Leumi...…

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Retail Banking: In tech we trust

A new report by the Economist surveyed 203 global banking executives to understand the challenges and changes they face. Over one-half...

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Will your next insurance administration system be on the Blockchain?

Nice thought re the insurance blockchain opportunity, it is definitely there, but more complex than in banking!

Policy, claims, and billing administration systems have not fundamentally changed since their inception. Yes, there have been technical...…

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It is easy to see why bankers get excited about distributed ledgers. Instead of having to keep track

Great article on the challenges and opportunities of lending!

Matt Harris is a managing director at Bain Capital Ventures. Credit, private or public, is of greatest consequence to every country....…

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The robots are coming - A lot of people who make over $350,000 are about to get replaced by software

First Software and automation was replacing the lower class now also moving up to the 350k p.a segment! 

Artificial intelligence is poised to automate lots of service jobs. The White House has estimated there's an 83% chance that someone...…

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D-Day for Unicorns – When Will We Know if the Bubble Has Actually Popped?

Nice report with good facts and analyses re the unicorn status

In 2007, Josh Kopelman of First Round Capital compiled a list of bubble predictions by year and ended his post by stating, “Even a...…

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Next Insurance attracts $13 mln seed

Palo Alto based online insurance company for SMBs, Next Insurance, secured $13m in seed. 

“We are changing the market with a solution that...

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More Trouble in Bonds Backed by Peer-to-Peer Loans Fresh worries arise over the health of one of fin

2016 will be a fascinating year for P2P lending with a shake out expected of winners from the ones that were just growth in stead of...

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Team behind predictive analytics firm Framed Data join Square Capital

Another acqui-hire! expect to see more of them!

Square is bringing on board the team at predictive analytics startup Framed Data, who will use their machine learning knowhow to expand...…

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B2B payment service Payoneer acquires escrow-as-a-service platform Armor Payments

Nice model, disrupting the letter of Credit market

Payoneer helps businesses and B2B marketplaces move money across borders. It’s one of the biggest companies in this space; its customers...…

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Goldman Sachs is buying a startup that is out to ‘revolutionize the retirement industry’

The SME opportunity, big but not easy!

Goldman Sachs has struck a deal to buy Honest Dollar, an Austin, Texas-based startup which serves small businesses looking to set up...…

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The selfie on boarding process in asia

Hong Kong start-up Neat uses selfies to verify payment account users’ identitiesUsers able to top up app wallet from traditional bank...

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FinLeap’s solarisBank to offer Banking-as-a-Platform so startups can ride fintech gravy train

FinLeap, the German fintech 'startup factory' that is seeking to churn out 4-6 fintech ventures per year, has just announced the launch...

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UK’s Atom Bank makes first acquisition, Grasp, to hone its youth-focused user experience

Atom bank, the UK based challenger back acquired Grasp, a design and development house, expect to see more of these trends also of Banks...

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Financial Advice Market Review (FAMR) Call for input

FCA is reviewing impact of tech on advise!

The FCA recognise that not everyone wants or needs professional, face-to-face advice and we are aware that advances in technology,...…

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R3: Biggest-Ever Blockchain Trial is Only the Beginning

Biggest trial is just the beginning, more to come!

After revealing an impressive string of big bank partnerships toward the end of 2015, blockchain consortium startup R3CEV spent the...…

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BBVA acquires hot Finnish startup Holvi50

BBVA has acquired Finnish digital current account startup Holvi, furthering its investment into tech-led alternatives to traditional...

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Finance, not tech, is driving growth in U.S. billionaires

Over 40% of growth in U.S. billionaires comes down to the finance sector

Silicon Valley may have plenty of millionaires, but the road to U.S. billionairedom is increasingly paved through finance. Nearly 27%...…

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Can Robo Advisers Replace Human Financial Advisers?

Supporters say robo advisers have advantages that can deliver greater wealth for clients. Skeptics say people still want flesh-and-blood...

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Interview with Mark Mullen of Atom Bank

Shaun Weston talks to Atom Bank CEO Mark Mullen about user experience, 21st century banking, and being customer-centric in a...

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Banks are teaming up to launch a Venmo killer

Big banks are eager to take on PayPal’s Venmo money-transfer app, and they’re banding together in their efforts to do it

Big banks are eager to take on PayPal’s Venmo money-transfer app, and they’re banding together in their efforts to do it. At its...…

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The Case for Ripple in the Age of Big Bank Blockchains

Given its early emphasis on distributed ledgers in what was then widely described as the digital currency ecosystem, Ripple has long held...

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Auxmoney Raises Series D from Seven Ventures

Auxmoney, the German P2P lender, closed a Series D round led by Seven Ventures (the investment arm of ProSiebenSat1), with participation...

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App Bank Mondo Crowdfunds £1M In 96 Seconds

Demand for equity investment in the bank was so strong it crashed Crowdcube’s servers on 1 March when the campaign was initially launched

Mondo, a London-based fintech startup looking to create a new type of bank, set a record as quickest crowd-funding campaign in history...…

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Nutmeg searching for new CEO

Nutmeg, one of the UK's most prominent robo advisors, is reported to be seeking a replacement for its CEO, Nick Hungerford, as it seeks...

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Jamie Dimon on Finance: ‘Who Owns the Future?’

Jamie Dimon - 60yrs old and CEO of JPMC for 10yrs, riffs on what the future of finance will look like. Will Silicon Valley challenge Wall...

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Still Stealthy, New Insurance Company Lemonade Continues To Impress With New Hire, Dan Ariely

It just keeps getting more and more interesting. New P2P insurance startup, Lemonade, hired world renown behavioral scientist Dan Ariely...

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Google to Shut Down Its Comparison-Shopping Website

Google just posted that in one months time, the search engine giant will be shutting down Google Compare - allowing for the search and...

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JPMorgan Quietly Tests 'Blockchain' With 2,200 Clients

The whispers of even the possibility of negative global interest rates (the infamous "NIRP") has sent a shiver down the spines of bank...

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Online Lender On Deck’s Stock Sinks as Growth Ebbs

Fintech firms hitting some of the same problems as finance-industry giants. Shares in On Deck Capital Inc. plunged 20%, after the online...

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