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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M

PYMNTS

24) announced a $50 million Series D investment round and the purchase of two companies: Inspyrus, a Silicon Valley FinTech that specializes in AP, and Regal Software, the Atlanta-based provider of B2B disbursement software. Trading FinTech Robinhood Markets Inc. MineralTree Inc., Robinhood Raises $460M One Month After Raising $200M.

Company 137
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The key challenges facing the US mobile payments market this year

NCR

Although the number of payments made via smartphone around the world has rocketed in recent years, there are still a few key hurdles that need to be overcome before it can reach full maturity, particularly in key markets such as the US. Mobile wallets to see fierce competition.

Mobile 61
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Fiserv Adds clearXchange P2P Payments to its Offerings

Fintech Labs Insights

Fiserv will market the real-time P2P solution, helping Early Warning to reach 6,000 banks and credit unions, including the 40 largest U.S. For now, the Atlanta-based company made it clear it will offer both services. clearXchange was created in 2011 by Bank of America, Capital One, JP Morgan Chase, U.S. financial institutions.

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The Wellness Economy: The Buzzy Trend Reshaping Everything From Personal Care To Real Estate

CB Insights

Notably, millennials are more lifestyle-focused, placing a greater value on health and wellness over material goods than ever before. According to Eventbrite data, 78% of millennials would choose to spend money on a desirable experience over buying physical goods. Meet Maya, our hypothetical wellness-focused millennial consumer.

Trends 76
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FinovateSpring 2016 Live Blog – Day 2

William Mills

It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security. Customers can store all of their online profiles in one secure location to improve user experience. What’s the market strategy? Fiserv is meeting that need for FIs and millennials.

Video 40
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Atlanta, Georgia. Alt-lender targeting millennials . Stock market charting tools. Tags: SMB, lending, compliance, security, construction loan, home improvement, mortgage. Source: Crunchbase. Connecture. Health insurance distribution platform. Latest round: $52 million (post-IPO equity). Total raised: $75+ million.

Company 12
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Finovate Fall 2016 Live Blog – Day 1

William Mills

Visualizing data for trends and market projection, visualize data in different ways. I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. Who is the target market? MintChip platform. How safe is this?

Mobile 40