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Fintech Industry

Fintech: An Industry on the Rise in 2021

Over the past few years, fintech has become an industry to look out for in the finance world. The term fintech (financial...
OCC Paxos

OCC Conditionally Approves Charter for Paxos National Trust

Paxos, a stablecoin issuer and blockchain startup, has become the third crypto-native company to obtain a federal trust from the Office of...
JPMorgan CEO Jamie Dimon Bitcoin

JPMorgan To Launch Bitcoin Fund For Clients

JPMorgan Chase (JPM) will offer an actively managed bitcoin (BTC-USD) fund to its clients later in 2021, CoinDesk reported on April 26....

Square Inc. starts its industrial banking operations; buys TIDAL

Square Inc. announced its industrial bank, Square Financial Services, has begun operations, on March 1st, 2021. The announcement comes nearly one year...
Federal Reserve ACH System

Fed’s Wire Transfer System for Banks Experienced a Several Hour Outage

The Federal Reserve's system that allows banks to wire transfer money back and forth went down for several hours on Feb. 24....
Brex

Brex Files Application for Industrial Bank Charter with FDIC

Fintech Brex announced in a statement on Feb. 19 that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC)...
Goldman Sachs Marqeta

Goldman Sachs Partners with Marqeta to Build Checking Accounts

Goldman Sachs (GS) has partnered with card issuing startup Marqeta to build the U.S. bank's Marcus checking accounts scheduled to launch in...
Europe Digital Banks

Consolidation Looms Over Europe’s Digital Banks After a Tumultuous 2020

Due to the coronavirus pandemic, the prominence of digital banks and online banking has increased substantially over the past year.

SoFi Merges with Social Capital Hedosophia to Form a One-Stop-Financial-Shop

SoFi, the online lender, has merged with SPAC Social Capital Hedosophia to pave the path for the fintech to go public. The...

Open Banking Platform Tink Raises $103M in Latest Funding Round

Open banking fintech Tink raised $103 million in its latest venture capital funding round. The Stockholm based-organization has raised over $210 million...

Recent Articles

Blackstone Climbs Up Financial Growth In The Second Quarter 2021

The leading investments management firm, Blackstone Group Inc., on Thursday, 22nd July 2021 reported their 2nd quarter 2021 investor call.

Aleks Larsen Is Banking On A New Partnership at Blockchain Capital

Blockchain Capital has promoted former investment banker Aleks Larsen to partner. The first of its kind, the San Francisco-based company specializes exclusively...

Controversy As Chinese Splash The Cash Taking Control Of Two British Firms

Chinese investors have positioned themselves as major players among UK startups with two consecutive takeovers in the past week.

Climate X Gets $1.5 Million In Funding To Help Companies Towards A Cleaner Future

Climate X, a London-based startup focusing on assessing the risks of climate change to assets, gaines $1.5 million in pre-seed funding.

Most Popular

Steak

Barbecue Maker Weber Hopes To Make A Grilling With IPO

Outdoor grills maker Weber files IPO. Their IPO reveals they have a 62% year-on-year growth in revenue for the six months ended...

PE Firms See Fewest Distressed Assets of 2020 During Q4

The U.S. economy continued to show signs of a late-year recovery. After greatly suffering in the spring from the initial shock of...

Neurona Therapeutics Secures $45.1M For Innovative Cell Therapy Pipeline

Biotherapeutics company, Neurona Therapeutics has completed a $45.1 million funding round. The company is led by new investor UCB Ventures and existing...

Spiceology Earns $4.7M in Series A Funding

Spiceology recently announced the closing of $4.7M in series A funding. The spice company boasts over 250 salts, spices, and chilies as...

Customers in Singapore can Open Bank Accounts with Facial Recognition

Singapore residents can now open a bank account with facial recognition, or put more simply, just a selfie. DBS,...
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