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Banks Need FinTech To Stay Competitive – And Secure

PYMNTS

FinTech Continues Its Disruption. Traditional banks have continued their sloth-like pace in FinTech adoption, added Galarza, which has led corporates to seek innovative services from non-bank players. β€œIn The time for this radical shift is now,” Boston Consulting Group declared. But Banks Continue To Thrive.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. Data analytics for financial services companies. HQ: Boston, Massachusetts. The post Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15 appeared first on Finovate.

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Fintech Fundings: 20 Companies Raise $300 Million Week Ending July 17

Fintech Labs Insights

While the data wasn’t broken out by sector, I’d wager that last quarter’s $5 billion in fintech startup funding was 5x to 10x more than in 1999/2000. But at least in fintech, there are vast opportunities to improve existing processes and open new markets. Source: Boston Business Journal. HQ: London, UK.

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Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Labs Insights

In all, fintech companies worldwide raised $222 million the second week of June. CrowdFlower tapped Microsoft to lead a $10 million round to further its big data analytics. Fintech deals by size from 4 June to 10 June, 2016: Tradeshift. Data analytics platform. HQ: Boston, Massachusetts. Trading platform.

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B2B Investors Set Sights On Data, AI, Analytics

PYMNTS

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Reports in Reuters said this week that private equity firm KKR & Co.

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