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The United States Of Fintech Startups

CB Insights

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. KEY TAKEAWAYS.

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

PYMNTS

Delaware-based bank M&T Bank has just created an all in one money management dashboard, which allows customers to add competing products through their mobile apps or online dashboards. Banks still need to be sure that they are keeping the customer experience as easy and seamless as possible in the midst of reacting to a breach.

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Watch 6 startups pitch in the “Entre x Pitch night NYC” Fintech Startup Competition

Fintech Labs Insights

Missed this fintech event from NYC-based entrepreneur network Entre in June (2020). The competition pitted six fintech companies against each other to win a bag of in-kind services (design, legal, etc). Related: The 18 Fintech Startups in the 2020 INC 500. The 27 Fintech startups from YC’s Summer 2020 batch.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

Ant Financial, the inevitable Fintech winner across the developing world, is a toddler at only 5 years old. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. as it has over and over again across Fintech. What about you?—?how how dated is your thinking?

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Symbiont Completes Proof of Concept with R3, Credit Suisse, Ipreo

Fintech Labs Insights

In addition to buy-side firms AllianceBernstein, Eaton Vance Management, KKR, and OakHill Advisors, the following FIs also participated in the initiative: BBVA. ” In addition to her service at Morgan Stanley, Long was a managing director at Credit Suisse and an associate at Saloman Brothers. Danske Bank. Scotiabank. State Street.

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

CB Insights

Industry: Fintech. The name change was meant to reflect a shift in the company’s overall stragey — namely, a move into the crypto mining space, a gradual phasing out of the company’s traditional cigar business, and relocation from Delaware to Colorado. Longfin corp. Note: Longfin Corp began trading on NASDAQ on 12/12/17.

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Fintech Fundings: 35 Companies Raise $470 Million the Third Week of June

Fintech Labs Insights

This week, 35 fintech companies worldwide raised $469 million the second week of June. Fintech deals by size from 11 June to 17 June, 2016: Fenqile. HQ: Wilmington, Delaware. Fintech company builder. Research management software for investors. million convertible note to further its remote deposit business.