Finance

  • Capital One acquires online price tracker Paribus

    Capital One acquires online price tracker Paribus

    Capital One is making another acquisition in the fintech space, this time snatching up the price tracking service Paribus, which helps online shoppers get automatic refunds when prices drop on items they purchased. Deal terms were not disclosed, but the acquisition involves bring both the team and the technology itself to Capital One. Launched in the Startup Battlefield at TechCrunch Disrupt… Read More

  • Prepaid card users will finally be protected from fraud and crazy fees

    Prepaid card users will finally be protected from fraud and crazy fees

    If you’ve been out of touch with the FinTech market recently you may have missed how popular prepaid cards have become. This is especially true when it comes to “open-loop” cards, which are prepaid cards powered by a processor like Visa or MasterCard that can be used anywhere a credit or debit card is accepted. These accounts now look and feel increasingly similar to an… Read More

  • Ollie raises $4.4M to become the Sprig of dog food

    Ollie raises $4.4M to become the Sprig of dog food

    Chicken, peas, beef, sweet potatoes and blueberries, the stuff of $40 meals in places like Hayes Valley and Greenwich Village — and starting today, also the stuff of dog food. Ollie, a new startup founded by Alex Douzet, Gabby Slome and Randy Jimenez, is aimed squarely at disrupting the premium pet food space by offering something like a Sprig or Maple for dogs. With a new $4.4… Read More

  • Are banks promoting phishing? Crunch Network

    Are banks promoting phishing?

    I’ve recently seen a few examples of services that ask customers to type in their online banking usernames and passwords so the service can access their bank accounts on their behalf. The applications are fairly broad and definitely useful — making payments, ID verification and analyzing data, for example. This is a security anti-pattern. This is bad news. Read More

  • Union Square Ventures endorses Hillary Clinton

    Union Square Ventures endorses Hillary Clinton

    In a blog post this morning, Union Square Ventures formally endorsed Hillary Clinton for President of the United States. This marks the first time that the 13-year-old fund has endorsed a candidate in a presidential election. In the brief 375 word statement, the firm addressed both the risks of a Trump presidency and the qualities that would make Clinton ideal for the job. Collectively… Read More

  • Remitly raises another $38M, adds World Bank’s IFC as it pushes into emerging markets

    Remitly raises another $38M, adds World Bank’s IFC as it pushes into emerging markets

    Remitly, a startup co-founded and led by a former executive of Barclays who saw a gap in the market to build money transfer and other financial services for emerging markets and the “unbanked”, is today announcing that it has raised $38.5 million, as well as expansion to seven more countries in Latin America. The funding, which brings the total raised by Remitly to just under… Read More

  • Watson Financial Services is born out of IBM’s purchase of Promontory Financial Group

    Watson Financial Services is born out of IBM’s purchase of Promontory Financial Group

    If Nathan’s Hot Dog Eating Contest had a big data eating contest brother, IBM would be a serious contender for first place. Today the tech stalwart announced that it had come to an agreement to acquire Promontory Financial Group.  To make sense of this deal, you have to avoid relegating Promontory into the small box of financial services. Instead, it’s most practical to think… Read More

  • Grow launches its app for socially responsible investing

    Grow launches its app for socially responsible investing

    Amid an increasing number robo-investors like Betterment, Stash, and Robinhood, a new San Francisco-based fintech startup called Grow is entering the fray to compete based on investment type, not only financial returns. While the app operates much like its rivals in terms of making it easier for novice investors quickly build their portfolios, its biggest differentiator is that it focuses… Read More

  • Free stock trade app Robinhood monetizes with $10/month to buy on credit

    Free stock trade app Robinhood monetizes with $10/month to buy on credit

    Robinhood says it will never charge commissions to trade stocks, but the $66 million-funded startup is finally ramping up monetization with the launch of “Robinhood Gold” premium features. For $10 per month, users can skip the three-day waiting period with instant deposits and reinvesting, trade 30 minutes before and 2 hours after the market is open, and borrow up to double the… Read More

  • Simple rolls out shared bank accounts that work for anyone, including roommates

    Simple rolls out shared bank accounts that work for anyone, including roommates

    Online banking service Simple is today rolling out a new product: shared accounts. However, unlike joint checking accounts typically shared by spouses, Simple’s shared accounts work differently. They allow customers to maintain their own accounts, but quickly fund then switch over to shared accounts to collaborate with each other on financial planning by tracking shared expenses… Read More

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