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Austin Is Bringing The FinTech Heat

PYMNTS

Though Austin may fall in the shadows of bigger U.S. Nate Stewart, Group Product Manager for BigCommerce , an eCommerce platform with deep roots in Austin, provided a glimpse into what really helps Austin stand apart and why startups can’t help but flock to the city. Austin is home of 4,182 tech companies.

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Logistics FinTech Leads Quiet Week In B2B Funding

PYMNTS

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido. In the U.K.,

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SXSW Accelerator Fintech Finalists for 2017 Announced

Bank Innovation

More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. Austin is known for having a thriving Read More.

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

PYMNTS

Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. They are described by Google as “smart,” since they will provide account holders with money management tips to optimize and manage the funds in those accounts.

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SoftBank’s Greensill Backing Leads B2B FinTech Funding

PYMNTS

Recent reports in Citing Venture Intelligence data, LiveMint said B2B FinTech has secured $657 million in India so far this year, compared to $617 million for B2C FinTechs. B2B FinTech companies are more predictable than B2C firms,” he told the publication. “B2B company currently services clients across the U.S.

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AltFin Shines As Investor Interest In B2B FinTech Continues

PYMNTS

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Blockchain.

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Goldman-Backed Construction FinTech Rabbet Raises $8M

PYMNTS

The funding will also go to support its effort to expand its software engineering and sales teams located in Austin, Texas. “We Rabbet is the only solution we’ve seen that can handle the complexity of this transition,” said David Bell, managing director of Goldman Sachs’ Construction group, in the same press release.

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