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1075

Lending Startups Hone Their Focus

By Telis Demos for WSJ Venture Capital

Silicon Valley once threw money at startups that aimed to disrupt broad swaths of finance. Now it is rewarding those that have sharpened their focus. (more…)

Analytics, Fintech news, Global trends, Government activities, p2p-payments, p2p/online lending

April 27, 2016

796

The Road to a Round B Gets Harder

By Russ Garland for WSJ Venture Capital

With U.S. venture capital investment slowing down, companies at all stages of development could face trouble raising fresh capital. (more…)

Deals, Fintech news, Global trends, InspirAsia

April 27, 2016

1872

DBS Bank Takes Stake in the ‘Siri for Banking,’ Kasisto

The Development Bank of Singapore Ltd. has taken a minority stake in Kasisto, a personal assistant that helps customers with their banking. (more…)

Banks, Deals, Fintech news, Global trends, Government activities, InspirAsia, Singapore

April 27, 2016

809

Deals: Analytics Platform SparkCognition Raises $6M Series B

Company: SparkCognition

Amount invested: $6 million (more…)

Deals, Fintech news, Global trends

April 27, 2016

930

China’s Venture-Capital Slowdown Is Less Obvious

By Scott Martin for WSJ Venture Capital

China’s wealthy are seeking places to park capital in the U.S., but that doesn’t mean there’s a shortage of cash for mainland China’s venture-backed companies. (more…)

China, Fintech news, Global trends, InspirAsia

April 27, 2016

1266

Venture-Capital Firms Dial Back on Fintech; Funding to Online Lenders Plunges

By Yulia Chernova for WSJ Venture Capital

Financial technology startups, which are highly susceptible to broader economic turbulence, have hit a downdraft in venture capital funding. (more…)

Fintech news, Global trends, p2p/online lending

April 26, 2016

720

Goldman Sachs launches GS Bank, an Internet bank with a $1 minimum deposit

By Fitz Tepper for Techcrunch

Goldman Sachs has traditionally functioned like a run-of-the-mill investment bank. Minimums to open an account were in the range of $10 million, and returns were not guaranteed. (more…)

Banks, Fintech news, Global trends

April 26, 2016

833

Alibaba’s Ant Financial Raises $4.5 Billion In World’s Largest Private Tech Investment Round

By Rahil Bhagat for Forbes Asia

Alibaba’s Ant Financial Services Group, one of the world’s largest online financial services companies, announced today that it has completed a US$ 4.5 billion Series B round of financing.

(more…)

China, Deals, Fintech news, Global trends, InspirAsia

April 26, 2016

1319

Bitcoin and Blockchain Tech Are Fueling a Fourth Industrial Revolution

By Andrew Quentson for Bitcoin Magazine 

Is a fourth industrial revolution underway? (more…)

Blockchain, Cryptocurrencies, Global trends

April 26, 2016

719

Listen to Mangrove’s Mark Tluszcz talk fake unicorns, fintech hype and investing in weird ideas

By Steve O’Hear for Techcrunch

Earlier this week I jumped on a call with Mark Tluszcz, co-founder and CEO of Mangrove Capital Partners, one of Europe’s older VC funds and perhaps most notably the first institutional investor in Skype.

(more…)

Fintech news, Global trends, Interviews

April 26, 2016

571

Towards Blockchain-Based Land Titles In Northern Ghana

By Justin O’Connel for CCN.LA

Afrikanus teaches young people how to be entrepreneurs in Ghana. He works with Bitnation to issue blockchain-based title deeds and establish what he terms a “Free Economic Enclave”  in northern Ghana, where the poorest parts of the nation are located. (more…)

Blockchain, Cryptocurrencies, Global trends, InspirAsia

April 26, 2016

678

Deals: Lendix grabs $13.5 million to become a leading European P2P lending platform

By Romain Dillet for TechCrunch

Shortly after acquiring its competitor Finsquare, Lendix is back with more news. The French startup has just raised $13.5 million (€12 million) and now wants to become one of the leading European peer-to-peer lending platforms. (more…)

Deals, Fintech news, Global trends, Mobile payments/banking, p2p-payments

April 26, 2016

707

RBI to bring P2P lending under regulation soon

By ENS Economic Bureau for Indian Express

P2P lending is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers. (more…)

Banks, Fintech news, Global trends, Government activities, India, InspirAsia

April 26, 2016

688

Yale Lecturer Highlights Blockchain Transparency after Panama Papers

By Joseph Bradley for CCN.LA

With the recent release of the “Panama Papers,” the activity of the law firm Mossack Fonseca came into the public view in a bold way. In a recent PBS Op-Ed Yale University lecturer Vikram Mansharamani discusses the Papers and the what the future of privacy may look like. (more…)

Blockchain, Cryptocurrencies, Global trends

April 25, 2016

674

Bangladesh Bank robbers can’t spell, but it sounds like they can hack financial software

by  for the Next Web

The hackers involved in last month’s cyber heist of Bangladesh Bank, in which they managed to steal only $81 million of a planned $951 million haul because of a spelling error, might actually be smarter than they were initially made out to be. (more…)

Banks, Global trends, India, InspirAsia

April 25, 2016

757

Facebook payment system will change banking forever, but it comes with its own price tag – your privac

By Hamish McRae for the Independent

If you know where people have been, what sites they visit, what apps they download, and also their spending habits, you know a massive amount about them – much more than their bankers, the credit and debit card companies

(more…)

Banks, Fintech news, Global trends

April 25, 2016

474

Silicon Valley’s fastest growing companies succeed because they aren’t focused on selling

By Vivek Wadwha for QZ.com

A trait shared by the fastest growing and most disruptive companies in history—Google, Amazon, Uber, AirBnb, and eBay—is that they aren’t focused on selling products, they are building platforms. (more…)

Global trends

April 25, 2016

950

What’s next for personal financial services?

By Erin Shipley for Techcrunch.com

Already there has been a huge amount invested in fintech in 2016, with investors funding close to $9 billion in January and February alone. It is a sector of innovation that shows no signs of slowing down, with companies tackling every part of the financialinfrastructure, from savings and lending to credit and insurance to payments and money transfer.

(more…)

Banks, Cashless, eWallets, Fintech news, Global trends

April 25, 2016

908

For This Fintech Upstart, Small Is Beautiful

By Telis Demos for WSJ

Acorns Grow Inc. is banking on the idea that tiny investments are the future of Wall Street.

(more…)

Banks, Deals, Global trends

April 25, 2016

1052

Why your wallet is becoming the next platform

By Alex Rampell for Techcrunch.com

The “wallet” in the modern sense of “flat case for holding paper currency” dates back almost 200 years. The word itself goes back 700 years, and the concept (minus paper currency) for millennia. (more…)

Cashless, eWallets, Global trends, Mobile payments/banking

April 25, 2016

900

Virtual Reality Could Be the Future of Mobile Payments

By Scott Gamm for The Street

Apple, Alphabet’s, Google and Samsung  are duking it out for a slice of the highly lucrative mobile payments space. U.S. mobile payments totaled $8.71 billion in 2015 and spending is expected to rise to $27.05 billion in 2016, according to data from eMarketer. (more…)

Analytics, Fintech news, Global trends, Mobile payments/banking

April 24, 2016

827

The fall of the unicorns brings a new dawn for water bears

By Alex Chuang for Techcrunch

Last year was a big year for unicorns. According to Venture Beat, there are now 229 unicorn startups, with $175 billion in funding and $1.3 trillion in valuation. In 2015 alone there were 81new entrants crowned as the legendary beast. (more…)

eWallets, Fintech news, Global trends, InspirAsia, Mobile payments/banking

April 24, 2016

864

Blockchain Disruption Will Affect Every Aspect of Daily Life

by JP Buntix for NewsBTC

Distributed ledger aficionados have been telling people this for quite some time now, but the blockchain will have an impact on various aspects of life. After all, this technology is the biggest innovation in computer science, and despite facing a lot of opposition, there are plenty of opportunities to be explored. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends, InspirAsia

April 24, 2016

820

A card-carrying fan of contactless, I’m now contactless-less – and it’s not fun

By  for the Guardian

Here is my problem. I have lost my debit card. This might seem like a minor hindrance. I haven’t, say, lost a limb. But I have lost the means to go about my everyday life as I usually would. (more…)

eWallets, Fintech news, Global trends, Mobile payments/banking, p2p-payments

April 23, 2016

780

TransferWise CEO Thinks Talking down Bitcoin Is a Good Business Strategy

By Justin O’Connel for CCN.LA

Mike Hearn wrote a Medium post which went viral and was the topic of much debate in the Bitcoin world. In his opinion, the Bitcoin community was dead. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

April 23, 2016

768

Tim Draper: The Importance of Investing in Women Entrepreneurs

BY PAUL GROSSINGER for Inc.com

I am a huge believer in investing in diverse groups to create impact. (more…)

Fintech news, Global trends, Interviews

April 23, 2016

1163

Fintechs’ Goals Are Changing, VCs’ Appetite Is Not

By Penny Crosman for American Banker

Late last year, we wondered if the fast-growing fintech sector was overheating. At that time, we thought the answer was a qualified “yes”— that some companies were overvalued and there were signs of a bubble forming.

(more…)

Banks, Blockchain, Cryptocurrencies, Global trends

April 22, 2016

876

P2P lending: Does the industry need more than just transparency?

By Harriet Green for City AM

“Skin in the game” is an expression thrown around a lot in the P2P industry. Platforms don’t have banking licences and the majority don’t lend off their own balance sheets. So the question for some time now has been “what loss position will the platform take in the event of loan failure?” (more…)

Banks, Blockchain, Fintech news, Global trends, Mobile payments/banking, p2p-payments

April 22, 2016

829

Mobile giants bust into Singapore e-pay market

By Saheli Roy Choudhury for Yahoo news

The world’s two largest smartphone makers muscled into Singapore’s already-crowded mobile payment space this week, but experts say it may take a while for them to see much enthusiasm from locals. (more…)

Banks, Fintech news, Global trends, Government activities, InspirAsia, Singapore

April 22, 2016

881

A Chinese fintech behemoth is getting ready to go public

By Daniel Roberts for Yahoo News

Ant is a misnomer for one Chinese fintech company. (more…)

Deals, eWallets, Fintech news, Global trends, InspirAsia

April 22, 2016