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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

PYMNTS

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152
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Data Enablers: Valen Makes Insurance Human Again

PYMNTS

Like FinTech, InsurTech debuts in an industry that has historically been very slow to adopt new technologies. DC: There is significant crossover between FinTech and InsurTech. DC: We set out to create a culture that stood behind its promises and put the customer first. We’re allowing insurers to take the same approach.

DC 101
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ID Experts Light Up Portland

PYMNTS

The new owners of ID Experts are Peloton Equity and Trident Capital. The private equity funding, which, according to Oregon Live , will “cash out some of its current owners while injecting more capital into the business,” came at the same time as a new spinoff from ID Experts emerged called Radar. in two rounds with four investors.

Portland 100
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Go-Jek = fintech?

CB Insights

Earlier this week, Bank Indonesia, the central bank of Indonesia, nominated three companies for its award for the fintech company most supportive of the “non-cash national movement of inclusion.” Round investors included Autotech Ventures, Insight Venture Partners, and Founders Capital.

Fintech 37
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Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. Yet both live on. Although the trend is decidedly in that direction.

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GonzoBanker Awards 2017

Gonzobanker

FinTech threats and distractions. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Payments chaos.

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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

We define Chinese investment as participation in private financing rounds by investors (corporate, venture capital, angel, private equity, etc.) Between 2013 and 2014, Chinese investors completed tech investments to companies headquartered in 13 states plus Washington DC. headquartered in mainland China. Hong Kong or Taiwan).

US 32