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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

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. digital transformations reshaping CUs’ role in the financial space, and how open banking could change how CUs do business.

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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

From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. Los Angeles-based global company. “We We try to leave a positive mark on the world through business and technology. It looks like a pretty cool technology.