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Content Discovery: Solving The Problem Of Information Overload

By Dmitriy Solodkiy, data scientist and blockchain evangelist at NVB

Cram them full of non-combustible data,

chock them so damned full of ‘facts’ they feel stuffed,

 but absolutely ‘brilliant’ with information.

 Then they’ll feel they’re thinking,

they’ll get a sense of motion without moving.

And they’ll be happy,

 because facts of that sort don’t change.”

Ray Bradbury, Fahrenheit 451

(more…)

Columns, Global trends, Hotnews, Influences FinTech

January 18, 2018

242

Revolut launches geolocation-powered travel insurance

By Romain Dillet for TC

Fintech startup Revolut is launching international medical and dental insurance. You can subscribe using the company’s app for £1 per day or more depending on the options. (more…)

Global trends, Hotnews, Mobile-first banks

January 17, 2018

189

Moneybank.Vn — First International Peer-To-Peer Lending Platform Taps Into Vietnamese Market

By FintechNews.sg

Singapore-based consumer finance group Silkway Ventures has expanded its operations to Southeast Asian region by opening a subsidiary in Vietnam. (more…)

Global trends, Hotnews

January 17, 2018

190

Vantiv closes Worldpay acquisition

By Vantiv

Vantiv, Inc., a leading provider of payment processing services and related technology solutions for merchants and financial institutions in the U.S., announced today that it has completed its acquisition of Worldpay Group plc, a leader in technology-led payment solutions. (more…)

Fintech news, Global trends, Hotnews

January 17, 2018

Ripple turns investor as execs lead $25M round for storage and rental startup Omni

Earlier this month, I wrote that crypto companies are going to become investors in 2018. I didn’t quite imagine that happening as quickly as mid-January, but here we are. Ripple, the fintech startup behind the controversial XRP token, has its first investment after it backed U.S.-based storage startup Omni through a $25 million round. (more…)

Cryptocurrencies, Fintech news, Global trends

January 17, 2018

LendingPoint buys LoanHero

By Lending Point

LendingPoint, the company working to revolutionize access to consumer credit, today announced that it has acquired LoanHero, a leading fintech platform for point of sale finance. (more…)

p2p/online lending

January 17, 2018

Credit card app Curve launches in UK

By Curve

Curve, the new app that connects your debit and credit cards to one Curve Mastercard, launched for UK consumers today. (more…)

Fintech news

January 17, 2018

Lending Marketplace Lendix Raises €200 Million Institutional Financing to Trailblaze European Alternative SME Finance

Lendix’s historical investors are renewing their trust in the Paris-based European SME marketplace lender. The European Investment Bank Group (EIB), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements are among the first investors joining to finance Lendix’s latest investment vehicle to fund unsecured loans to SMEs in France, Spain and Italy. New institutional investors from banks and asset management firms in Spain and Italy are joining. As of now, €120 million of the planned €200 million are already committed and the first loans from this fund will start rolling out as soon as February. (more…)

Fintech news, Global trends, p2p/online lending

January 17, 2018

309

TD Bank buys Toronto AI outfit Layer 6

Toronto-Dominion Bank has acquired Canadian Artificial Intelligence startup Layer 6 in a deal reportedly worth more than US$100 million. (more…)

Banks

January 12, 2018

303

Kreditech selects Mambu’s SaaS banking engine for its passage to India

Mambu today announced it has signed a deal with Kreditech, the leading technology group for digital consumer lending using machine-learning based underwriting, to support the online lender’s entry into the Indian market. (more…)

Deals

January 12, 2018

277

Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdown

Warren Buffett, arguably the world’s most successful and respected investor, has issued a scathing assessment of cryptocurrencies and predicted a “bad ending” for the current bitcoin boom. (more…)

Cryptocurrencies, Fintech news, Global trends

January 12, 2018

OurCrowd Launches “Cognitiv” – a $100 Million Fund Targeting Early Stage Companies in AI, Robotics, IoT & More

OurCrowd, one of the largest crowdfunding platforms in the world, has launched a new $100 million global fund labeled “Cognitiv.” (more…)

Crowdfunding/investing

January 12, 2018

German Sutor Bank Launches Micro Investment App in Fintech Push

Hamburg, Germany based Sutor Bank(founded in 1921) has launched a new “micro-investment app” described as delivering an “investment to go’ feature for users. Sutor Bank said it is expanding its range of Fintech collaborations by partnering with startup savemateproviding the investment app that is running on the system platform of Sutor Bank. (more…)

Global trends

January 12, 2018

Tandem Closes on Harrod’s Bank Purchase, Receives UK Banking License with Acquisition

Digital challenger bank Tandem has closed on the acquisition of Harrod’s bank – the financial institution long associated with the eponymous London retail store.Tandem received regulatory approval by the Prudential Regulation Authority, a division of the Bank of England, and the Financial Conduct Authority to take over the bank. Harrod’s Bank, founded in 1893, is a small banking institution, but it immediately provides Tandem access to 10,000 customer accounts and £80 million in capital. (more…)

Deals, Mobile-first banks

January 12, 2018

Indonesia P2P Startup Modalku Milestone: Hits $74 Million in Total Crowdfunded MSME Loans

Modalku, an Indonesia-based peer-to-peer lending fintech startup, successfully surpassed $74 million (Rp 1 trillion) in total crowdfunded MSME loans. This news comes just a little over six months after the company announced it was fully registered with the Otoritas Jasa Keuangan (OJK). As previously reported, Modalku was founded in 2016 and is described as an online marketplace for small businesses to acquire loans and for lenders to fund small business loans to earn returns. (more…)

p2p-payments

January 12, 2018