Robinhood hit with fine for trading practices - Business Insider - Business Insider
Robinhood was fined $1.25 million by the FINRA over concerns that it didn't provide users with the best deal on their trades.
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TransferWise, valued at $3.5bn, reports third straight year of profit
TransferWise reported a surge in revenue and $12.7 million in profits for the year ending in March. The fintech firm is valued at $3.5 billion.
Even Financial worth $180 million as 'Google Flights' of online lending
Even helps automatically target personalized offers that consumers are more likely to qualify for and accept, helping banks acquire customers.
C2FO's CEO on why the SoftBank-backed fintech is not in Silicon Valley
C2FO executives Sandy Kemper and Colin Sharp told Business Insider why the SoftBank-backed fintech is based in Kansas City, not Silicon Valley.
Klarna most valuable European fintech coming for Paypal with new funding
"Klarna is very user-oriented and does some things better than Paypal."
Oak HC/FT $800 million fund and what it wants to invest in
Oak HC/FT executives outlined five key areas across healthcare and financial technology that the firm is eyeing as it invests its third fund.
N26, the $3.5 billion German fintech backed by Peter Thiel, just won funding for a big expansion push
Berlin-based N26 said on Thursday it raised an additional $170 million in its latest funding round as it looks to expand to markets including the US.
Brex valued at $2.6 billion after $100 million funding
The buzzy credit card startup Brex was most recently valued at $1.1 billion as of its Series C in October. Now, it's worth more than twice that.
Mastercard links up with UK payments fintech Yoyo Wallet in a 'real statement of intent'
Yoyo is a payments mechanism which provides users with access to loyalty schemes as part of their app at a variety of merchants and retailers.
UK startup fintech TrueLayer just won funding from China's Tencent and Singaporean wealth fund Temasek
The $35 million funding round, which closed on Tuesday, is set to help fuel the company's expansion further into Europe and Asia.
JPMorgan Chase is seeing slowing deposit growth
JPMorgan Chase has seen deposit growth slow as its customers withdraw their money and park it with competing banks that offer higher interest rates.
China UnionPay partner Tribe Payments part of 'aggressive' Europe push
"Visa and Mastercard run the show, but UnionPay have a big ambition in this region and we are the first to offer their platform here."
Meet the 12 VC-vetted fintech startups generating buzz at the at the Money20/20 conference in Amsterdam
A panel of expert VCs picked out the most interesting early stage companies for the event's "startup academy."
PayPal's SMB lending division hit $10 billion in a major acceleration
BI PRIME: PayPal announced that its small business lending division hit $10 billion in cumulative volume.
See how Pillar pitched Kleiner Perkins to lead its $5.5 million Seed
According to Pillar founder and CEO, the team wasn't looking for new funding but garnered interest from some of the biggest names in Silicon Valley.
US open banking fintech unicorn Plaid has launched in the UK
Plaid, the US fintech valued at $2.7 billion, has officially launched in the UK — marking its first expansion outside North America.
Facebook plans to launch its cryptocurrency in 2020
Facebook will roll out its digital currency in around a dozen countries by the first quarter of next year, and plans to begin testing it this year.
TransferWise just doubled its valuation to $3.5 billion — and it points to a strong public listing
Fast-growing UK-based fintech TransferWise has seen its valuation double following a $292 million secondary share round.
Transferwise hits $3.5 billion valuation and plots US expansion, IPO
The firm is valued at $3.5 billion after a funding round from investors including BlackRock. "We're likely to go public at some point," the CFO says.
Apple Pay's two-pronged growth strategy includes European expansion and a ticketing launch
BI PRIME: Apple Pay is bolstering its international expansion and launching support for ticketing in the US.