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2016 Innovators to Watch: 1 to 5

Bank Innovation

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

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For Visa, She’s Next Is What’s Next

PYMNTS

The announcement comes as, since 2014, more than 163 million women have launched businesses across the globe, at a rate that outpaces that of businesses launched by men. These entrepreneurs would like to sharpen their social media skills to broaden reach and grow their firms. To that end, Visa said on Tuesday (Jan.

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Best New Financial Apps 2016, The List

Bank Innovation

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

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China’s Recommerce Market Heats Up

PYMNTS

Venture capitalists are funding new entrants to the field, and features like authenticity guarantees, postings to social media, the use of data and post-sale services could propel the industry forward, according to a new report from Fung Global Retail & Tech. Recommerce Bigger Than Ride Sharing In China.

Marketing 100
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Libra, MoneyGram-Ripple Deal And Fraud Prevention Top Week’s News

PYMNTS

In 2014, the company dealt with something similar with its payment processing systems. By changing to the XRP digital currency, however, it forecasts lower operating costs along with the value of working capital it needs. Target Says Weekend Outage Due To NCR Glitch. What the Launch of Facebook’s Libra Means For Payments.

Fraud 101
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For SMB Underwriting, Exploring A More Reliable Kind Of Alternative Data

PYMNTS

The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs with capital, a journey that includes innovation and a bit of experimentation. An IBISWorld report published in 2014 found that 98 percent of U.S.

Data 100
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New Investors Flock To Food

CB Insights

This includes a wide range of investors, including venture capital funds, private equity firms, corporations, and angel investors. Major international food incubator program Food-X also launched in 2014, and has since backed over 600 startups. E-commerce and social media support startup growth. SNACKING 2.0:

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