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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. Varo is the first consumer FinTech to receive a new national bank charter from the U.S.

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Revolut Brings Open Banking To Germany In Deal With TrueLayer

PYMNTS

Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company.

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SoFi Expands Into Hong Kong With ‘Automated Investing’ Vehicle

PYMNTS

The FinTech company SoFi is making its first leap to go global with a big move into Hong Kong. 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.

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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

The CEO of SoFi, the digital personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares. CEO Anthony Noto told CNBC’s “Squawk on the Street” that the FinTech company’s investing platform has seen a significant uptick in user numbers since January.

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Checkout.com Buys Australian Startup Pin Payments

PYMNTS

Checkout.com faces competition from Stripe, a San Francisco technology company that allows businesses to make and receive payments over the internet, and Adyen, a Dutch payment company that provides businesses a way to accept eCommerce, mobile and point-of-sale payments.

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PRUDENA Launches Online Marketplace for Stock Market Research

Fintech Labs Insights

PRUDENA launched its online stock market research marketplace last week, helping retail investors and independent financial advisors access the same kind of quantified stock market research that institutional money managers have used for years.

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From API to UX/UI: A Preview of FinDEVr 2015

Fintech Labs Insights

Save your spot and join us in San Francisco October 6 and 7 for the premier event for fintech developers, engineers, and CTOs. FinDEVr returns to the Mission Bay Conference Center at the University of California San Francisco for two days of fast-paced, TED-style presentations.

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