Peer-To-Peer Lending Heating Up Early In 2014
The peer-to-peer lending space is rife with news and new high-quality market entrants to kick off the new year. It’s part of the reason why I predicted that 2014 is the year that P2P lending goes...
View ArticleBrief: Lending Club IPO Tops $1 Billion After Exercise of Over-Allotment Option
Lending Club (NYSE: LC) an online marketplace the connects borrowers and investors, announced on Tuesday (December 16th) the closing of its initial public offering and the exercise in full of the...
View ArticleCitigroup Exec Joins Fast Growing Lender CommonBond
Former Citigroup executive Vinayak Gurjar has joined marketplace lender CommonBond as Chief Risk Officer. Gurjar joins a growing number of traditional banking managers switching over to new, fast...
View ArticleTo Win Long Term, Goldman’s Online Lending Effort Will Need to Win Over...
By now, you’ve more than likely heard about Goldman Sachs’ plans to launch an online consumer lending unit as early as next year. Yes, Goldman Sachs, the 146-year-old Wall Street giant best known for...
View Article$13.8B for Global Funding for VC-Backed Fintech Firms; Payments, Lending &...
2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative...
View ArticlePeer-To-Peer Lending Heating Up Early In 2014
The peer-to-peer lending space is rife with news and new high-quality market entrants to kick off the new year. It’s part of the reason why I predicted that 2014 is the year that P2P lending goes...
View ArticleBrief: Lending Club IPO Tops $1 Billion After Exercise of Over-Allotment Option
Lending Club (NYSE: LC) an online marketplace the connects borrowers and investors, announced on Tuesday (December 16th) the closing of its initial public offering and the exercise in full of the...
View ArticleCitigroup Exec Joins Fast Growing Lender CommonBond
Former Citigroup executive Vinayak Gurjar has joined marketplace lender CommonBond as Chief Risk Officer. Gurjar joins a growing number of traditional banking managers switching over to new, fast...
View ArticleTo Win Long Term, Goldman’s Online Lending Effort Will Need to Win Over...
By now, you’ve more than likely heard about Goldman Sachs’ plans to launch an online consumer lending unit as early as next year. Yes, Goldman Sachs, the 146-year-old Wall Street giant best known for...
View Article$13.8B for Global Funding for VC-Backed Fintech Firms; Payments, Lending &...
2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative...
View ArticleCan Zelle Replace Venmo? Banking Giants Fight Back.
Does “Can you Zelle me the payment?” have the same ring to “You can just Venmo me?” A company knows that it has made it when people turn its name into a verb, as Venmo and Uber (despite its bad press...
View ArticleCitigroup Appoints Yolande Piazza As Permanent Head of Fintech Unit
On Thursday, Citigroup announced it appointed Yolande Piazza as the permanent head of its fintech unit, Citi Fintech. According to PYMNTS, Piazza assumed the role as interim head in August when...
View ArticleWorld Economic Forum Convenes New Consortium Including Citigroup, Zurich...
The World Economic Forum announced the creation of a new consortium to strengthen cybersecurity for fintech companies and data aggregators. The consortium’s founding members include global bank...
View ArticleOodle Car Finance Secures $100 Million Warehouse Facility From Citi
Oodle Car Financing, a UK-based car fintech startup, has secured a 100 million facility from Citigroup. Founded in 2016, the company states its goal is match customers with the right loans, cars, and...
View ArticleDigitally Engaged Banking Customers Reported Greater Satisfaction than Users...
Mobile and online banking users have increased significantly due to the COVID-19 pandemic. This, as banks across the globe have taken measures to limit or restrict in-person visits to physical...
View ArticleChinese Fintechs Must Realize that their Products can Subject Consumers to...
Alibaba founder Jack Ma’s plans to establish Fintech companies like Ant Group and launch IPOs in China were recently put on hold when the country’s regulators decided to make updates to regulatory...
View ArticleStock Trading in Hong Kong has Increased Significantly Compared to Volumes...
Stock trading volumes in Hong Kong have reportedly increased by as much as 4x compared to those on London’s main stock exchange, as large tech stocks continue to attract investors from other...
View ArticleSingapore Fintech BondEvalue Acquires $6M via Series A from Citigroup,...
Singapore-headquartered Fintech firm BondEvalue has secured $6 million in capital through its Series A round. The company has raised $10 million in total (to date). MassMutual Ventures Southeast Asia...
View ArticleCitigroup Markets Exec Reportedly Leaves Bank to Establish Fintech Investment...
Dan Keegan, who recently worked as Citigroup’s Head of North American markets, has decided to leave the banking institution to establish an investment fund that is mainly focused on Fintech firms....
View ArticleUK’s FCA Fines Citigroup’s International Broker-Dealer £12.6M for Failures...
The UK’s Financial Conduct Authority (FCA) has fined Citigroup Global Markets Limited £12,553,800 “for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements...
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