“SoFi, a marketplace lender, announced it has priced a securitization of $417.6 million in refinanced student loans. It also announced SoFi was considered the first fintech company to receive an “AAA” rating from DBRS and an “AA2″ from Moody’s for the senior notes, which equaled $387.3 million.”
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Available from today, local growth-stage start-ups and mature-stage global FinTech companies can apply for a co-working space within the SuperCharger.
As part of the TusPark network, companies benefit from: access to TusPark’s Global Network, which includes 30+ co-work spaces around the world, 100+ Venture Capital Firms and angel investors, media coverage, as well as experience gained from incubating over 1’500 companies….”
If you want a bit of reading for the summer, here is a list of Fintech blogs I particularly like. This is totally biased and non-objective and I’m sure I missed many interesting blogs*. Since Disruptive Finance and Fintech is my “night job” and not my “day job”, getting interesting and relevant information through Twitter and blogs(…)
A standard line you hear from fintech promoters is that innovative digital technologies can liberate the world by bringing financial services to the financially excluded.
Yet, as we’ve noted on numerous occasions, there’s something disingenuous about this claim.”
The central bank has formed a new work group to develop strategies and formulate regulation around the use of new technologies in financial services.. Read more at straitstimes.com.
Bondcube, one of a crowd of electronic trading start-ups trying to improve the buying and selling of corporate debt, has filed for liquidation just three months after launching its platform. The start-up, which was founded in 2012, aimed to let
Dan Cobley has co-founded ClearScore, which opened to the public today. His fintech company builder Brightbridge is putting £10 million into the business.
Consider these two statements : “The party’s over, for the banks at least” (Transferwise) “Today we are announcing an exciting new partnership with Santander UK, …” (Funding Circle) These statements were made by Transferwise and Funding Circle, two very well known Fintech startups. Both were created a few years ago, both are Unicorns (i.e.valued more than(…)
If, like me, you think that Fintech will revolutionise Finance. If, like me, you think that Finance 2.0 needs very strong Ethics and Values. View image | gettyimages.com Then read my submission to the Fintech Book here And help that article be selected by recommending it (end of the Medium page) And by(…)
An article I wrote for Financial News about Artificial Intelligence “Meet Cortana, who has the talent to be the best trader in the world… But because her dad is Microsoft and her intelligence is artificial, human traders are not paying attention – but they should…”