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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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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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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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4 Trends to Watch at Finovate

Javelin Strategy & Research

I always circle the spring Finovate show on my calendar because it offers insight into the future of fintech. The on show on May 12-13 in San Jose has grown to two days, and it features about 72 companies covering a range of specialties.

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Coinbase Announces Strategic Investment from Westpac’s Reinventure

Fintech Labs Insights

We now know that one of those “other investors” was Reinventure Group, the venture capital arm of Westpac Banking Corporation. The Coinbase blog reported today that the bitcoin company had earned a “strategic investment” from the Australia-based venture capital firm that specialized in fintech startups.

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Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Snoopwall landed a cool million for its security solutions. FlexScore was bought by United Capital . Data security for financial institutions.

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LendKey Adds $8 Million in Venture Debt; Reaches $800 Million in Loans

Fintech Labs Insights

In addition to securing an $8 million venture debt line from Silicon Valley Bank, the lending-as-a-service innovator reached $800 million in loans deployed to more than 35,000 borrowers, and won a commitment of $125 million from its own lending network of more than 300 credit unions and banks. Mike Stallmeyer, SVP Finance.