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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170
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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

Lending 150
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Philippines Payments Platform Closes $120M Investment Deal

PYMNTS

“This is also a recognition of the significant role that the Philippines financial technology industry can play in providing meaningful digital solutions to many of the crucial and very human challenges that the Philippines community faces today.”.

Payments 136
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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. keep me informed. Whitepaper. Asset Liability Modeling.

Community 195
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Investment Tracker: FLYR’s Data Science Shakes Up Travel Industry

PYMNTS

That capital is earmarked toward helping the firm’s balance sheet ahead of new capital rules that go into effect within the next two years. The latest funding round was led by Thrive Capital. FLYR is a data science company that sits at the intersection of travel and financial technology, said Project Manager Andrew Jing.

Industry 100
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Kid-Friendly: Baby And Children’s Tech Startups On Track To Reach Five-Year Deal High

CB Insights

Using CB Insights data, we analyzed funding trends from 2013 through 2017 year-to-date (7/20/17) in the baby and kids tech category. Deal activity in baby and kids tech grew more than 45% between 2013 and 2016, reaching 176 deals in 2016. Q3’16 represents the most well-funded quarter since 2013, with $650M in funding.

Trends 41
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120 Fintech Unicorns of the 21st Century: November 2020 Update

Fintech Labs Insights

But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. New in November: Newborns: Verafin , the Canadian anti-financial crime specialist founded in 2003, is set to be acquired by NASDAQ for US$2.75 Ant Technology. Total = 120.