FinTech, Financial Innovation, Industry Disruption.
24 Jul 2020 1 minute read 0 comments FinRev
Another credit-focused startup that has been crossing over into digital banking is Upgrade. The coronavirus has pushed up Upgrade's product roadmap and to fuel expansion of its credit card business and launch checking accounts, the firm raised a $40...
23 Jul 2020 1 minute read 0 comments FinRev
Cedar, a patient engagement and payments technology platform, has raised $102 million Series C, including $25 million of debt, to improve the patient experience and boost engagement.Ceadar targets patients and is betting that by improving the experie...
22 Jul 2020 1 minute read 0 comments FinRev
Ellevest, the New York City-based robo-adviser for women founded by former finance exec Sallie Krawcheck, has pivoted to a membership-based fee model. For the first time, it’s including a debit card and bank account offered in partnership with Coasta...
20 Jul 2020 1 minute read 0 comments FinRev
The OCC is looking to launch nationally-applicable charters for payments companies this fall. The news was confirmed by Brian Brooks, Acting Comptroller of the Currency, in a recent interview with the ABA Banking Journal. Brooks argued that a nationa...
20 Jul 2020 1 minute read 0 comments FinRev
The fall of Germany-based payments company Wirecard, which filed for insolvency amid an accounting scandal over a missing $2B, is now affecting app users that depend on its payment services. As an issuer and acquirer, Wirecard allows merchants to acc...
18 Jul 2020 1 minute read 0 comments FinRev
Facial recognition technology has been floating around, loosely adopted, since the early part of the last decade. Among its popular use cases today is in mobile phones and gadgets as a way for users to conveniently unlock their device. (Though plent...
18 Jul 2020 1 minute read 0 comments FinRev
The birth of digital payments helped usher in extensive financial and societal changes: speed and convenience, retailers that don’t require brick and mortar (hi, Amazon), and simplified international transactions, to name a few. But also the elephant...
17 Jul 2020 1 minute read 0 comments FinRev
Proptech has come a long way in the last two decades, becoming a robust sector that encompasses far more than online real estate listings, smart-home devices, and platforms to streamline exchanges between renters and property owners. Pre-COVID, there...
15 Jul 2020 1 minute read 0 comments FinRev
At a time when plenty of venture capital dollars have been put on pause, this week we saw the announcement of a new corporate venture investment division from FIS. FIS Ventures plans to invest $150 million in fintech start-ups over the next thre...
15 Jul 2020 1 minute read 0 comments FinRev
There’s no shortage of articles and opinions about how fintechs are responding to and will be impacted by the coronavirus-fueled crisis in the near term. But more and more, we’ve seen the commentary shift to a longer-term outlook. The media and thoug...
