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Can FinTech Walk The FinTalk?

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Additionally, LendingClub’s stock has lost 88 percent of its value since its 2014 IPO. All-digital, all-tech lending platforms that could deliver better user experiences and faster credit decisioning would become the new normal and take share from banks who were too big and cost-laden to keep — or catch — up.

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Xero Partners with Expensify for In-House Expense Management

Fintech Labs Insights

Xero’s decision to use Expensify’s software for in-house receipt and expense management is the latest product of the strategic partnership the two fintechs announced last year. ” Founded in 2008 and headquartered in San Francisco, Expensify demonstrated Expensify Invoices at FinovateSpring 2013.

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Revolut Pulls in $4.8 Million

Fintech Labs Insights

London-based Revolut launched in 2014 under the premise that people should not be charged for spending and transferring their own money in a different currency. The round was led by Balderton Capital. Index Ventures, Point Nine Capital, Seedcamp, and Venrex Investment Management also contributed. million round of funding.

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Qapital Raises $12 Million, Adds Debit Card Functionality

Fintech Labs Insights

Personal finance app Qapital pulled in some capital of its own today– $12 million worth , to be exact. ” In the three years since it launched, 180,000 users have opened and funded savings accounts on the Qapital platform. This Series A investment brings the Sweden-based company’s total funding to $23 million.

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Stockpile Hauls in $15 Million in New Investment

Fintech Labs Insights

The major investment in Stockpile comes courtesy of Sequoia Capital, Mayfield, and individual investor, Ashton Kutcher, who praised Stockpile’s “drop-dead easy user experience and affordability to all.” Stockpile , the company that provides gift cards for stock, has raised $15 million in funding.

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Finovate Debuts: Nexmo Brings Seamless Multifactor Authentication to Mobile Banking Apps

Fintech Labs Insights

On the other hand, however, too much friction quickly turns user experiences into user ordeals. Key investors include Sorenson Capital, NHN Capital, and Initial Capital. Recognized as a 2014 Cool Vendor in Communication Services by Gartner. Headquartered in San Francisco, California.

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A First Look at What’s Coming to the FinDEVr Stage this October

Fintech Labs Insights

At the upcoming FinDEVr , 60 leading fintech companies will present their developer-friendly APIs, SDKs, and other solutions to an audience of financial builders and their technical colleagues. It’s the one place to gather tips and techniques from a wide cross section of fintech players in just two days, all at an affordable price.