fintech

  • Lending Platform China Rapid Finance Raises $35M Series C At A $1B Valuation

    Lending Platform China Rapid Finance Raises $35M Series C At A $1B Valuation

    China Rapid Finance, which claims to be the country’s largest online consumer lending marketplace, has closed a $35 million Series C round led by Broadline Capital. The round pegs the company’s pre-money valuation of $1 billion. China Rapid Finance is reportedly gearing up for an initial public offering in the U.S. Read More

  • Fintech’s Five Dark-Horse Cities Crunch Network

    Fintech’s Five Dark-Horse Cities

    With global investment in fintech having tripled in the last five years, the financial sector is without a doubt in the midst of a revolution. The leading cities in the global fintech race are relatively unsurprising: Silicon Valley, New York, London and Hong Kong are the epicentres of the investment blast. But it’s the newcomers that are diversifying the market. Read More

  • The Future Of Finance Is In Real Time Crunch Network

    The Future Of Finance Is In Real Time

    In a world of decreasing size and rapidly increasing technological development, the financial sector needs to keep up at the same pace. While physical supply chains have improved to keep track of the digital world, the financial supply chain has not kept pace. The race toward real-time financial services involves a wide array of stakeholders and possibilities, ranging from common… Read More

  • A Closer Look At The Silicon Valley Vs. Wall Street Talent War Crunch Network

    A Closer Look At The Silicon Valley Vs. Wall Street Talent War

    Gordon Gekko is but a distant blip in the rear-view mirror for this generation’s best and brightest. In lieu of Wall Street, today’s top graduates are flocking to Silicon Valley and other top technology hubs in droves, drawn in by visions of challenging the status quo with world-changing apps and the opportunity to make a real, lasting impact in the world. Read More

  • So You Want To Build A Full Stack Startup In Fintech? Crunch Network

    So You Want To Build A Full Stack Startup In Fintech?

    A recent article in The Economist noted that fintech is “arguably the hottest spot in a bubbly funding environment for startups.” For the last few years, investors have dumped remarkable amounts of money into fintech startups. From payments to lending and investing, these smaller companies have caught the attention of industry incumbents, who have also been pouring money into these… Read More

  • Rhombus Lets Businesses Accept Payments By Text

    Rhombus Lets Businesses Accept Payments By Text

    Since millennials don’t use credit cards, cash, or even beads and shells, the only way to get them to pay for anything is through their smartphone. Add in a text-to-pay service like Rhombus and you’ve got Williamsburg catnip. This new app allows people to pay you via a special contact number. For example, a customer can text you an order – “five large soy chai latte… Read More

  • German Online Loans Platform Smava Raises $16M

    German Online Loans Platform Smava Raises $16M

    Here comes some more funding for a European financial tech company specialising in online loans. Germany’s Smava — a peer-to-peer lending platform where investors provide the funds to loan money to borrowers — has raised $16 million in funding led by Phenomen Ventures, along with existing investors Earlybird and Neuhaus Partners. Phenomen’s track record in… Read More

  • Biz2Credit Gets $250 Million Commitment

    Biz2Credit Gets $250 Million Commitment

    Lending startups are en vogue this year, with LendingClub and OnDeck planting the flag for the industry in public markets (and offering healthy returns to investors). But there’s a crop of other lenders and service providers waiting in the wings, like Biz2Credit, which just received a $250 million commitment from investment firm Direct Lending Investments. Read More

  • Barclays Debut London Fintech Cohort Eyes Real Estate, Wider Access And Hardware

    Barclays Debut London Fintech Cohort Eyes Real Estate, Wider Access And Hardware

    The Barclays Accelerator is holding its inaugural demo day today, with 11 startups presenting to potential investors after 15 weeks of mentoring and financial services hot-housing. Read More