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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. With an estimated population of just 5.47

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

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The Week In Payments: N26 Ups Debit Rewards, Wag Sags And Bill Ready Goes To Google

PYMNTS

When the effects of the Durbin Amendment to Dodd-Frank went into effect in 2011 — and the interchange fees on debit transactions plummeted — issuing banks lost some $14 billion in revenue annually according to estimates in a 2014 Federal Reserve paper. When The Debit Rewards Come Mar ching In .

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Capriza Raises $23 Million in Series C

Fintech Labs Insights

In a round led by Andreessen Horowitz, enterprise mobility specialist Capriza has raised $23 million in new capital. ” Pictured (left to right): Stephen Insdorf (Senior Solution Engineer) and Ivan Prafder (VP, Regional Business Development) demonstrating the Capriza platform at FinovateFall 2015 in New York. .

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LendingClub Settles With SEC, DOJ

PYMNTS

million Series C financing round led by Foundation Capital and joined by Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners. In 2011, LendingClub added another $25 million in Series D funding in a round lead by Union Square Ventures. In 2010, LendingClub added to its war chest with a $24.5 lending marketplace.

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Finovate Alums Take Silver and Bronze at UBS Future of Finance

Fintech Labs Insights

Finovate newcomer Capital Preferences and alum WealthForge won second and third place respectively at the UBS Future of Finance Challenge Finals last week. Capital Preferences earned $20,000, and WealthForge won $10,000. Capital Preferences earned $20,000, and WealthForge won $10,000. The first prize winner was awarded $50,000.

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A New Kind Of Self-Sustaining Fishery Could Offset The Worst Impacts Of Animal Farming

CB Insights

In the US, researchers from aquaculture startup Kampachi Farms first tested an approach to offshore fish farming in 2011 with the Vellella Project. At the time, testing was the Kampachi Farms team’s only option: US regulations in 2011 did not permit offshore commercial fish farming anywhere in domestic waters. link] [link].

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