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Data: London FinTechs Netted $3.6B In VC Investments So Far In 2020

PYMNTS

London's FinTech sector has been going strong this year, even in spite of the pandemic, with $3.6 New York City is also high up there, with $2.2 The pandemic has dealt blows to many markets, but so far, London's FinTech market appears to be coping well, the release stated, with data suggesting that around 95 percent of the U.K.'

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5 Fintechs To Watch From the Startup Alley

Bank Innovation

In a mood for some fintech inspiration? At the TechCrunch Disrupt 2017 event, currently taking place in New York, Bank Innovation came across a gauntlet of bright, shiny new fintechs. Take a walk down the startup alley.

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Fintech’s Power Grab — in The New York Times

Bank Innovation

Ok, it’s safe to say fintech has hit the big time. The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

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Fintechs Have a Larger Share of Personal Loans than Banks or Credit Unions

Bank Innovation

Fintech lenders are making significant gains in the personal loan space, according to a recent TransUnion report, which follows the staggering growth of fintech lenders in the market over the past few years.

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NY Fed Creates FinTech Advisory Group

PYMNTS

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release. The group members will be picked based on expertise across all FinTech -related issues.

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Ellevest’s Krawcheck believes market is big enough for many winners

Bank Innovation

Sally Krawcheck, co-founder and CEO of digital investment advisory company Ellevest, has built an investment product geared at a market she said many digital wealth platforms aren’t effectively reaching: women.

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NYCA’s Sica: challenger banks poised to take market share from incumbents

Bank Innovation

As fintech moves beyond digitizing legacy systems to a focus on intuitive, customer-driven experiences, the field of startups competing for market share is getting crowded. According to CB Insights, venture-backed fintech companies raised $6.3 NYCA Partners, based in New York and San […].

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