The Structured Finance Industry Group had their SFIG Vegas 2017 Conference at the Aria Resort & Casino in Las Vegas from February 26th to March 1st – around 7,000 ABS market professionals attended including investors, issuers, financial intermediaries, regulators, law firms, accounting firms, technology firms, rating agencies, servicers and...
FinTech leadership across the United Kingdom is expressing concern that the “Brexit” vote may have a meaningful and negative impact on start-ups that operate throughout countries remaining within the European Union. The digital payment marketplace faces significant risks, with digital transfer payments that now easily move across borders highly...
How does artificial intelligence fit into the fintech sector? Well, technology seems to be the answer to lower costs and efficiency. Most recently, Wealthfront, Venmo and Sentient Technology have added AI capabilities to their products. AI has enabled these companies to analyze customer data to create better strategies. Although...
A new entity called DAO, based on Ethereum, has raised more than $100 million since late April. The company is similar to a venture capital fund except that it offers DAO tokens (voting shares) in exchange for a crypto currency called Ether. Ether is currently worth around ten dollars. All...
Circle, a U.S. social payments app backed by a venture arm of Goldman Sachs, is partnering with Barclays in Britain. The partnership will provide the banking license to start offering free cross-currency payments and transfers between friends using Bitcoin. Because the cost of acquiring new customers is much lower...
Fintech 100: KPMG and H2 Ventures issued the leading 50 established fintechs and the next 50 emerging stars Key Insights Funding boom – The Fintech 100 companies have collectively raised in excess of US$10 billion. Fintech is now truly a global sector – The list is comprised of 40...
In November, the FinTech Innovation Lab hosted 45 startups with 20 minutes apiece to pitch 80 banking executives and mentors. The FinTech Innovation Lab “Hot Themes” included: phone automated know your client data management cyber security blockchain personal financ
Forbes named their FinTech 50: ACORNS – App links to debit and credit cards, rounds up each purchase to nearest dollar, investing extra pennies in a portfolio of ETFs. ADDEPAR – Cloud software lets advisors analyze and manage all of a client’s assets, including hedge funds and private...
– Mariano Beklinky, InnoVentures – launched a $100 million fund in July 2014 investing in seed/start-ups to later stage FinTech companies. – invested 1/3 of fund to date in 5 separate investments. – global mandate: Europe, U.S., Israel, Latin America – all across Fintech landscape: lending, payments, blockchain, etc. Banco...
FinTech Unicorns 1. Lufax: $10 billion / Lending (Personal Loans) + Financial Asset Exchange (ABS) – China – Ping An Insurance, Blackpine, CDH, China International Capital Corporation 2. Stripe: $5 billion / Payments – US – Khosla Ventures, Lowercase Capital, Redpoint Ventures 3. Social Finance (SoFi): $5 billion /...
Castle Placement
