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SoFi Expands Into Hong Kong With ‘Automated Investing’ Vehicle

PYMNTS

The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there. The new Hong Kong-based SoFi Invest will also offer “automated investing” along with financial advice and education, per a press release announcing the expansion.

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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. the San Francisco-based online bank, had the last laugh. Since then, the skepticism has evaporated and the CEO of Varo Money Inc. , To date, Varo has raised $419.4 million.

National 172
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Stripe Launches Custom Analytics Tool for Businesses

PYMNTS

Stripe, a San Francisco-based payment service provider that specializes in online transactions, is expanding its arsenal of financial products to cater to the needs of data-hungry businesses. Stripe is a leading innovator in the financial technology space.

Analytics 106
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FinDEVr APIntelligence

Fintech Labs Insights

Building a new financial technology? Check out our coverage from our developer conference in San Francisco this fall , and mark your calendars for our spring developer event in New York, March 29 and 30, FinDEVr 2016. Personal Capital lowers investment minimum from $100,000 to $25,000. Paul Business Journal.

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LendingClub Settles With SEC, DOJ

PYMNTS

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As The Aftershocks.

Lending 135
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FinDEVr APIntelligence

Fintech Labs Insights

Are you building new financial technology? Be sure to check out coverage from our recent developer conference in San Francisco. The latest from FinDEVr San Francisco 2015 presenters: Hyperwallet Launches Loyalty Program for Independent Workers. Stay tuned for details.

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2016 CNBC Disruptor 50 Features Klarna, Kabbage, Twilio, and Motif Investing

Fintech Labs Insights

Ask alternative online broker Motif Investing. ” Or check with cloud communications and authentication specialist Twilio , a FinDEVr alum ( FinDEVr San Francisco 2015) enjoying its third consecutive year on CNBC’s Disruptors List of companies “whose innovations are revolutionizing the business landscape.”