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Barclays Eyes US Expansion

PYMNTS

In addition, sources say that Barclays is putting more capital behind its U.S. to stay relevant on a global scale,” said Magdalena Stoklosa, managing director and European head of Banks and Diversified Financials Research at Morgan Stanley. billion of deposits to its Delaware operation. checking account offering.

Delaware 101
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SoFi’s $500M Pickup (And The Big Expansion It’s Fueling)

PYMNTS

SoFi, the San Francisco–based lending startup, has by all reasonable metrics hit the ground in 2017 running. With that acquisition, SoFi also acquired Zenbanx’s partnership with Delaware-based WSFS Bank and access to the bank’s charter and banking license. The company, however, is still pretty small. An “Opportunistic” Round.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Finance in motion— $1B moved for $0.02

Bitcoin 40
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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

Ziddu focuses on blockchain-backed solutions that offer microfinance lending against collateralized commodities in the form of Ziddu Coins — in other words, blockchain-based technology that could hypothetically make it easier for LongFin to collect collateral from borrowers. the day after the announcement (up from its price of $3.10

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Sizzle/Fizzle: In Banking, Truth as Currency

PYMNTS

The jury is also still out as to whether London will remain Europe’s banking capital. That might impact not just office space, but lending activities and even FinTech. million to Delaware — to resolve predatory subprime auto loan allegations. Auto lending is big business for Santander — it is $38.5

Samsung 100
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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

In 2015, Visa partnered with transaction management startup DocuSign on a proof-of-concept project that used blockchain to streamline car leasing — transforming it into a “click, sign, and drive” process. Supply chain management. Energy management . Sports management. Cloud storage .