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...
Fintech Insurance 1. Lemonade $13mm Seed (12/08/15) – Aleph; Sequoia Capital 2. FitSense $(n/a)mm Seed (12/05/15) – Startupbootcamp InsurTech
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...
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...
Fintech Insurance Capital Raises: 1. Innovation Broking $3mm N/A (11/12/15) – Albion Ventures 2. Beekeeper Data $0.6mm (11/10/15) – BrightStar Wisconsin Foundation;Serra Ventures; Wisconsin Investment Partners 3. RenewBuy $0.5mm N/A (11/09/15) – Mount Nathan Advisors
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 /...
American Banker: 20 FinTech Companies to Watch Ripple: Develops software protocol underpinning a decentralized network for value transfer. IdentityMind Global: Fraud prevention, transaction monitoring, AML/KYC tools, sanctions screening. Trunomi: Lets financial institutions and customers create digitized sets of personally identifiable information and securely manage and share them. This accelerates...
The Future of FinTech – OrrickTotalAccess 10/6/15 Panel: Jon Stein, Founder & CEO, Betterment Charles Birnbaum, Vice President, Bessemer Venture Partners Pete Casella, Executive Director, JPMorgan Chase David Klein, Co-Founder & CEO, CommonBond Joe Proto, Chairman & CEO, Transactis Omar Qari, Co-Founder, Abacus Most of the panel discussion centered on...
Fintech Insurance Capital Raises – October 2015 1. Insureon $31mm (10/21/15) – Accretive LLC; Oak HC/FT 2. Knip $15.7mm Series B (10/26/15) – Creathor Venture; Orange Growth Capital; QED Investors; Redalpine Venture Partner; Route 66 Ventures 3. Censio $10mm Series A (10/06/15) – Bain Capital Ventures; General Catalyst Partners;...
Castle Placement
