MENU

Author

Insurance Technology Sector Overview — Q1 2018

By Venture Scanner,

The insurance technology sector has seen an abundance of activity over the past few years. As we previously analyzed, insurtech funding has shown early signs of maturation and its exit events have seen robust growth.

We will now do a deeper dive of the different components of insurance technology and how they make up this startup ecosystem. We have classified the companies into 14 categories. This blog post will illustrate what these categories are and which categories have the most companies. We will also look at how these categories compare with one another in terms of their funding and maturity.

Insurance Marketplace Is the Largest Insurance Technology Category

Let’s start off by looking at the Sector Map for the insurance technology sector. As of March 2018, we have classified 1503 insurance technology startups into 14 categories that have raised $22 billion. The Sector Map highlights the number of companies in each category. It also shows a random sampling of companies in each category.

(more…)

Fintech news

July 18, 2018

MAS to ramp up measures to fight money laundering, terrorism financing

By Annabeth Leow for Business Times

REGULATORS in Singapore are looking to ramp up targeted measures against financial crime, including tapping data analytics and boosting information sharing with financial institutions, said an official from the Monetary Authority of Singapore (MAS) on Wednesday morning. (more…)

Government activities, Hotnews

July 18, 2018

Timing Cashflows of Your Sales Commissions and Your Customers

By Tomasz Tunguz from Redpoint Ventures for his blog

Your sales team is starting to close some terrific accounts. As your startup grows, your sales team will experiment with different sales techniques. For example, qualification, pricing, positioning, incentives and contract structure. This is a wonderful phase for a startup. However, there’s a common mistake to avoid. (more…)

Fintech news

July 18, 2018

Developing Frameworks for ICO Investing

(more…)

Fintech news

July 18, 2018

Yoyo loyalty app reaches one million users

By Yoyo,

Yoyo, the UK’s biggest mobile payments and loyalty marketing platform, has smashed through a milestone by crossing the 1 million user mark – making it one of the fastest growing fintech startups in Europe. (more…)

Fintech news

July 18, 2018

Tradeteq raises $6.3 million

By TradeTeq,

Tradeteq, the trade finance distribution platform, has raised US$6.3mn of equity investment in seed extension funding round, led by ADV. (more…)

Fintech news

July 18, 2018

Tokenised funds to reshape PE/VC fundraising

Initial coin offers (ICOs) and the emergence of tokenised funds — represented by the issue of equity tokens — are set to reshape the dynamics of how private equity (PE) and venture capital (VC) fund managers raise capital, bringing greater transparency and democratisation to the fund management space. (more…)

Fintech news

July 17, 2018

153

JD finds itself in the midst of P2P financing fraud

By Masha Borak for TechNode

E-commerce platform JD.com is facing scrutiny after suspected large-scale fraud has been uncovered involving Feixun (斐讯), a brand sold on JD’s platform. On June 10, a crowd of people that bought Feixun’s products gathered in front of the company’s headquarters in Beijing to protest the platform’s practice saying that they were “victims of P2P finance,” iFeng reports. (more…)

Fintech news

July 16, 2018

154

CEO Problems

By Brad Feld

Originally published at Feld Thoughts.

Recently, I was talking to a CEO of a company I’m on the board of. We were discussing a problem in the category of something new Is fucked up in my world every day (more…)

Fintech news, Global trends, Hotnews

July 16, 2018

Why invest in Fintech? — Monica Brand Engel

Fintech news, Global trends

July 16, 2018

European & Israeli Venture Data 1H18

By Gil Dibner for his blog
A global venture investor. Fascinated by the finance of innovation. Trying to help the few to do the impossible. Investing across Europe + Israel.

A data-driven look at VC investment trends across the geography.

(more…)

Fintech news, Global trends

July 16, 2018

Why Foursquare can change the world

My headline is a bit forward, so let me start by taking a quick step back: I am proud to announce that I am now Chief Revenue Officer (CRO) at Foursquare.

(more…)

Fintech news

July 16, 2018

206

Highlights of the AGATE iFiat Ecosystem

Sponsored post,

Agate, a newly launched decentralized blockchain, offers comprehensive crypto infrastructure for everyday banking and merchant transactions. With one of the highest transaction speeds and a near-instant settlement time, at substantially low-cost transaction fees, Agate is the future of payments arena. Fueled by its independent AGT token, which is utilized for several use-cases within the Blockchain ecosystem, Agate introduces its iFiat ecosystem that offers stability in converting crypto-assets to Fiat currency. This enables a merchant to easily adopt Agate’s crypto-payments platform without risking volatility of such digital assets. (more…)

Blockchain, Cryptocurrencies

July 16, 2018

233

Lessons Learned from 20 Years at the Leading Edge of SaaS

 

By Tomasz Tunguz from Redpoint Ventures for his blog

Over the weekend, I read Tien Tzuo’s book, Subscribed. Tien is the founder and CEO of Zuora, and former CSO/CMO at Salesforce, where he started in 1999. He has been working in SaaS for nearly 20 years. He’s a thought leader in the world of subscriptions, and I learned a tremendous amount from his book. (more…)

Financial Markets / Trading, Global trends

July 13, 2018

234

The Industry Analyst Evaluation Game

By Brad Feld – managing director at Foundry Group

Originally published at Feld Thoughts.

Over the past 25 years, I’ve invested in many startups that sell products to large enterprises. Many of these companies end up either creating or helping to create a new category. As the startups (or the category) become visible, they inevitably attract the attention of industry analysts, who write reports on the categories and the startups as part of the industry analysts’ business.

(more…)

Fintech news, Hotnews, Influences FinTech

July 13, 2018

Crypto Tax Summary

By DAVID SIEGEL is CEO of the Pillar Project, a nonprofit Swiss foundation building the world’s first smart wallet for crypto-assets for his Medium Blog

As part of The Token Handbook, I have just released The Tax Chapter— 8,000 words on tax treatment for crypto-assets. I have also included a short essay on how I think tax should work and how it ties in with a universal basic income. When I speak to audiences, few people know any of this stuff. This does not constitute professional advice, which you should seek separately. Here are some of the key takeaways:

(more…)

Blockchain, Cryptocurrencies

July 13, 2018

Machine Learning is Fun! Part 4: Modern Face Recognition with Deep Learning

By Adam Geitgey for his Medium Blog

Update: This article is part of a series. Check out the full series: Part 1Part 2Part 3Part 4Part 5Part 6Part 7 and Part 8!

You can also read this article in 普通话Русский한국어PortuguêsTiếng Việtor Italiano.

Have you noticed that Facebook has developed an uncanny ability to recognize your friends in your photographs? In the old days, Facebook used to make you to tag your friends in photos by clicking on them and typing in their name. Now as soon as you upload a photo, Facebook tags everyone for you like magic:

Facebook automatically tags people in your photos that you have tagged before. I’m not sure if this is helpful or creepy!
(more…)

AI / Machine Learning / Big Data, Global trends

July 13, 2018

The Four Major Things Missing in The Blockchain Industry

Infrastructure suggestions on everything from UX to Interoperability to Digital Reserves to Stablecoins

By Wesley Graham and Robert Greenfield for their Medium Blog

(more…)

Blockchain, Cryptocurrencies, Global trends

July 13, 2018

286

BPER to implement Meniga PFM suite

By Meniga,

Italian banking group, BPER, has contracted Meniga, the global leader in white-label digital banking solutions, to build its next generation digital banking experience solution. (more…)

Fintech news

July 12, 2018

Time of Security Tokens

By Julian Zegelman for his Medium blog

As blockchains improve in their scalability, usability, and security, so too do the tokens that traverse these digital pathways. As governments and primarily the SEC enter the space, 2018 will be remembered for an entirely new eco-system of evolutionized platforms, decentralized exchanges, and hybrid funds, all looking to capitalize on the trillion-dollar opportunity that is tokenized securities. According to FINMA, the Swiss financial regulatory body, tokens have three functions: payment tokens, utility tokens, or security tokens. Like their name implies, payment tokens are used as a means of currency or payment while utility tokens are intended to provide digital access to an application or service. (more…)

Columns, Cryptocurrencies

July 12, 2018

Intel’s Toxic Culture

by Jean-Louis Gassée for his blog at Medium

Who wants to be Intel’s new CEO? The job description should include the impossible task of undoing a company culture that allowed itself to miss the mobile revolution because it thought it couldn’t afford to participate.

(more…)

Columns, Fintech news, Global trends

July 12, 2018

Money management app Emma announces $600K seed round

By Emma,

London-based Emma Technologies LTD is announcing the closure of a funding round led by Kima Ventures, one of the first investor in Transferwise, and Aglaè Ventures, the early stage fund of the Groupe Arnault, investor in Netflix and Airbnb. (more…)

Banks, Deals, Fintech news

July 12, 2018

TokenPay Partners With Litecoin Foundation to Acquire Stake in Germany’s WEG Bank

TokenPay, a blockchain project that incorporates Bitcoin cryptographic technology with advanced security and privacy features, announced this week it partnered with the Litecoin Foundation to purchase a 9.9% stake in WEG Bank, which is based in Germany. According to TokenPay, the 9.9% stake was transacted in exchanged for a “broad and comprehensive marketing and technology service agreement that will benefit TokenPay and its related cryptocurrency and business operations. (more…)

Banks, Cryptocurrencies

July 12, 2018

170

Barclays opens tech campus in New Jersey

By Barclays,

Barclays today announces the opening of a new campus in Whippany, New Jersey. The state-of-the-art complex is a flagship site of Barclays’ global location strategy, which is designed to enhance the firm’s flexibility and resiliency through the establishment of regional campuses. (more…)

Banks, Fintech news, Global trends

July 11, 2018

146

R3 Consortium Releases New ‘Version’ of Its Corda Platform for Businesses

Blockchain technology company R3 announced July 10 that it had released a “version” of its Corda blockchain platform aimed specifically at businesses. (more…)

Blockchain, Cryptocurrencies

July 11, 2018

198

Icici and Westpac team up for student remittances

By ICICI bank

ICICI Bank, India’s largest private sector bank by consolidated assets, today announced its partnership with ‘Westpac Banking Corporation’ (Westpac), one of the top banks in Australia, to offer Indian students a completely online payment solution through its ‘Money2World’ (M2W) platform for outward remittances. (more…)

Banks

July 11, 2018

218

Analyzing the Ethereum — Security Decision by the SEC

The purpose of this article will not be to give the news that the SEC revealed that they would not deem Ethereum to be a security. (more…)

Cryptocurrencies, Financial Markets / Trading, Hotnews

July 10, 2018

Toast Notches $115M In Series D Round

To drive investment in R&D, recruiting and expansion, Toast announced on Tuesday (July 10) that it has raised $115 million in Series D funding. The funding round, which was led by funds and accounts advised by T. Rowe Price Associates, Inc., values the restaurant management platform company at $1.4 billion, the company said in an announcement.

(more…)

Fintech news, Global trends

July 10, 2018

Top 10 “Stay Away” ICO Directions in 2018

Fraud among Cryptocurrencies

Undoubtedly, there are cryptocurrencies capable of succeeding and achieving goals. At the same time, there are many more ordinary frauds in the field of cryptocurrency, and they are doomed to failure. Every investor should know this, since the production of cryptocurrencies does not have a controllable unit — no one regulates emissions. This means that this financial instrument does not have a regulator that controls the amount of the issued currency. Besides, the cryptocurrency isn’t bound to any material values, such as gold, for instance. (more…)

Blockchain, Cryptocurrencies

July 10, 2018

Deeper Dive into the Dynamics of the Seed Market

By Tomasz Tunguz for his blog

Earlier this week, I wrote about the collapse in the number of seed investments. I received many questions about the data, all the same. Why is this happening? This is a deeper dive into the data. (more…)

Deals, Fintech news, Global trends

July 9, 2018