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VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups

PYMNTS

Venture capital firm Greycroft , based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg , looking for "the next Bumble or Venmo.". The firm plans to invest $310 million in early-stage startups and $370 million in growth-stage startups, the report stated.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters. The company said earlier this year that it had more than eight million accounts in place, as reported by the Los Angeles Times.

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Report: Data Key To Credit Union Member Retention

PYMNTS

The merger is the latest in a series of CU consolidations in the Los Angeles area, which has resulted in the number of CUs in the area dropping by nearly 60 percent since 2000. Financial technology continues to grow more sophisticated, but many of these innovations are solely for the large banks and FinTechs that can afford them.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters. The company said earlier this year that it had more than eight million accounts in place, as reported by the Los Angeles Times.

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Fintech Fundings: 23 Companies Raise $120 Million Week Ending Oct 30

Fintech Labs Insights

HQ: Los Angeles, California. Clarus Financial Technology. HQ: Los Angeles, California. Total raised: $1 million. Source: Crunchbase. Blockchain-based notary service. Latest round: $110,000. Total raised: $110,000. HQ: Bagnacavallo, Italy. Source: Crunchbase. Software for derivatives market.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

Los Angeles-based global company. “We He has more than 30 years of experience in financial technology and is a recognized leader in financial and technology marketing. Can view desktop, smart-phone, etc. to see how it will populate. We will show you how to use the data you already have.” finovate Tweets.