Europe’s most exciting exhibition of fintech startup innovation is here! 2000 Fintech professionals all together in one place for two …
“The start-ups that have come to dominate the online-lending industry will now have to compete with the world’s largest private-equity firm.
B2R Holdings, a portfolio company of a Blackstone Group fund, said on Thursday that it was getting into the business of providing loans for consumer purchases of big-ticket items as well as small-businesses loans.”
Source: www3.weforum.org This is an excellent report from the World Economic Forum, and it is very telling that they chose SME financing as one of the key topics in the future of finance. The WEF is interested in topics that are important for society but also tries to identify the levers that have the most(…)
“Of the 305 companies who participated in SXSW Accelerator between 2009 and 2015, over 63% received funding, with combined funding in excess of almost $2.613 billion (does not include undisclosed grants, angel and seed funding). Of these 305 companies, 13% have been acquired by the likes of Google, British Telecom, Huffington Post, Apple, Live Nation, OpenTable, Constant Contact, and Harmon.”
BlackRock is in discussions with Google, the technology group, to create a joint venture that the world’s largest fund house hopes will enable it to improve returns. The tie-up, which would be a first for the fund market, will seek to explore how
“In an unsettling about face TrustBuddy, a peer to peer lending platform based in Stockholm, has shut down. The home page has transitioned from lending platform into a public statement (republished below) in both Swedish and English explaining a series of alleged misconduct”
Small banks have to pay their bigger rivals for access to the payments system, but a new scheme will see technology firms offer the service to challenger banks instead
When people are looking for a significant other, they often try to find someone whose values, education, earnings, hobbies and even height match their own. But new research suggests there’s one promising measure for finding a committed partner that most daters overlook — credit scores.
Radius Bank, started by and for local union carpenters, is about to be bought by the ultimate capitalists.
Start-ups are increasingly turning to large banks – the very institutions that fintech is supposed to be disrupting – for mentorship and money.