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Barclays Eyes US Expansion

PYMNTS

housing market during the last recession. to stay relevant on a global scale,” said Magdalena Stoklosa, managing director and European head of Banks and Diversified Financials Research at Morgan Stanley. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. 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. With that acquisition, SoFi also acquired Zenbanx’s partnership with Delaware-based WSFS Bank and access to the bank’s charter and banking license. The company, however, is still pretty small. Don’t Bank.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Finance in motion— $1B moved for $0.02

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

CB Insights

While the blockchain-related announcements range from the credible to the laughable to the possibly criminal, the analysis overall demonstrates the market’s bullish attitude toward blockchain and crypto. Companies are arranged in descending order of market cap (as of 03/16/18). . Exchange: OTC Markets. Longfin corp.

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Sizzle/Fizzle: In Banking, Truth as Currency

PYMNTS

If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards points on the former, and prices for the latter were both up. That might impact not just office space, but lending activities and even FinTech. million to Delaware — to resolve predatory subprime auto loan allegations.

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

Fintech Labs Insights

HQ: Wilmington, Delaware. Research management software for investors. Tags: SMB, lending, commerical loans, price comparison, lead gen. Source: FT Partners. Credit card payoff loans. Latest round: $46.76 million Series C. Total raised: $71.56 HQ: Costa Mesa, California. Source: Crunchbase. Latest round: $30 million Series A.

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

CB Insights

Banks are among the growing number of financial services giants investing in blockchain startups such as R3 CEV, which is working with an 80+ member consortium of banks, regulators, and technology partners to develop Corda, a blockchain platform designed to be the “new operating system” for financial markets. Cloud storage .