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(…)
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.
If you’re like me, you would get to know about Fintech events in very random ways – from emails, Twitter, chatting to friends, etc. I’m pretty much sure that there is at least one Fintech event per day – from hackathons to conferences, from demo days to meetups – but it’s just impossible to keep(…)
Fintech hackathons and competitions occur globally. In January 2012, Swift launched theInnotribe Startup Competition as an initiative to bring together disruptive startups and incumbents in financial services…
“Nearly 20 years ago, the launch of online payments giant PayPal shook the financial services industry. Now, a new generation of financial technology or “fintech” companies is once again breaking down the oversized doors of the conservative banking business…”
Source: www.ftpartners.com It seems like I could start writing a series around this theme, after “Why did Northwestern Mutual pay $250m for Learnvest”. FT Partners – who were the advisors of Blackrock in the transaction – produced an excellent document that not only summarises the transaction, but also lists all the main transactions (M&A and funding)(…)
The growth in Fintech has been phenomenal during the last few years: 10 times more startups in London in 3 years, dozens of Fintech companies valued at more than $1bn, record breaking VC investments year after year. On the one hand, it is totally justifiable. Finance will be drastically different in 10 years, and the(…)
“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.”
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….”