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Investing, Authentication, and a Few Bots Take the Stage at Finovate

Bank Innovation

SAN JOSE, Calif. Not all were startups (IBM) and not all were really fintech (Quid). All of them did their best to impress a passionate crowd of 1,500+ fintech fanatics. — Thirty-nine companies demoed their products to the crowd at Finovate Spring today. Here’s our take on the demos from Read More.

San Jose 150
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Subscription Business Models Lead B2B VC Funding

PYMNTS

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. eFileCabinet.

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PayPal, Alpha JWC Team Up To Invest In Southeast Asia FinTechs

PYMNTS

PayPal is partnering with Alpha JWC , the Indonesian venture capital firm, to invest in FinTech companies operating out of Southeast Asia. After the two companies’ senior executives both in Singapore and San Jose choose the startups, they will receive coaching and mentoring from PayPal executives, noted Bloomberg while citing Tso.

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Investments, Financial Management, and Even Some Virtual Reality: Finovate Day 2

Bank Innovation

SAN JOSE, Calif. – Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Was it a bit frivolous? Was the use case far-fetched, strained, even bizarre? Could be, but the audience appreciated it anyway simply Read More.

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Supporting the Financial Services Industry Sustainability Journey

Cisco

By creating sustainable financial offers, prioritizing green investment mechanisms and reallocation of capital, financing sustainable programs, and tracking the carbon footprint tracking of transactions, FIs can incentivize the integration of sustainability criteria into financial services decision-making.

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Personal Capital Exceeds $2 Billion AUM

Fintech Labs Insights

This week, digital wealth management and advisory platform Personal Capital surpassed $2 billion in assets under management (AUM), up from $1.6 Furthermore, half of Personal Capital’s one million clients come from traditional adviser relationships, while the other half stem from simpler, self-service brokerages.

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Trizic Raises $3 Million in Seed Funding from Operative Capital

Fintech Labs Insights

Less than a week away from its Finovate debut in San Jose , wealth advisory technology innovator, Trizic has closed a $3 million seed funding round with Operative Capital. Operative Capital initially invested $1 million in Trizic, and this week increased its investment by another $2 million.