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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Holdaway will be based in Wilmington, Delaware, and will start his new position in July. and Germany.

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Barclays Eyes US Expansion

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In addition, sources say that Barclays is putting more capital behind its U.S. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. accounted for 40 percent of the bank’s profits, and around a fifth of the bank’s capital is allocated to the country. Last year, the U.S.

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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. To open the month of February, SoFi announced it had acquired online banking startup Zenbanx. So why such a big round — and what will it mean for the little online finance firm that is quickly moving to become a lot less little?

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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. Overstock.com. 48-hr stock change: 22%. Industry: E-commerce.

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

CB Insights

For example, TØ.com , a subsidiary of Overstock, wants to enable stock transactions online using blockchain tech. For years companies have worked to ease the process of buying, selling, and trading stocks, and now new blockchain-focused startups are looking to automate and secure the process more efficiently than any past solution.