10 Executives who are Transforming the FinTech Industry
We’ve identified 10 people who are shaping the way we send money. Whether they’re used to being in the public eye, or remain anonymous, we dug up some info on these impressive leaders in order to pay tribute to their hard work.
The Hottest Startups in FinTech
Startups have been riding the crest of a wave for a couple of years, but what is really being all the rage now are the startups that operate in the finance. It couldn’t be otherwise, since the banking system has revealed more than a fallacy during the financial crisis in 2008 that has roused the need of new methods of exchanging money for goods or services.
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 standardization to re-engineering underlying processes and protocols through blockchain technology.
Will Blockchain Enable Better Banking?
For the global banking industry, blockchain adds an additional layer of security with relative simplicity and low cost, so it has potential value for any transaction that involves a confirmation layer within capital markets as a whole—across different asset classes. “No wonder the banks are interested in it,” concludes Zubairi.
Goldman Sachs Alumni in FinTech
Goldman Sachs is often seen as top of the tree when it comes to finance, but even their employees are jumping ship to join startups that are trying to kill traditional banking.
What Bankers Can Learn From The Retail Industry
The digital challenges and opportunities facing banks and credit unions are not unlike those faced by retailers more than a decade ago. Will the banking industry learn from those before them or face a similar fate similar to Blockbuster, Borders, Circuit City and others.
FT Explainer: The Blockchain and Financial Markets
Banks and exchanges are all taking a keen interest in applying the blockchain, the record of asset ownership that underpins bitcoin, to financial markets. It mixes Silicon Valley and Wall Street and could represent a radical departure from longstanding financial networks.
Data Natives - A Conference for the Data Driven Generation
As one of the most exciting data science events of the year, Data Natives will give you major opportunities to learn from data science experts, put your existing knowledge to work and forge lasting relationships within the Big Data and tech communities.
The 2015 Data Natives conference focuses on three key areas:
Machine Learning & Big Data Internet of Things FinTech
Salviol Raises €6.5 Million Series A To Help Companies Use Big Data To Fight Fraud
London-based anti-fraud and fintech startup Salviol has raised €6.5 million in a Series A round led by Orange Growth Capital — money it plans to use to expand its European and international operations, and to drive sales.
Sources: Peter Thiel Is Investing In Kreditech’s $100M Series C Round
TechCrunch has learned that Kreditech, an online finance startup that loans money to consumers who have little or no credit rating, is raising around $110 million in a Series C round of funding. One part of that has already been secured from one of the better known VCs and entrepreneurs in the startup world. €37.5 million ($44 million) is coming from investors that include Peter Thiel, one of the co-founders in PayPal and a prolific investor who has backed Facebook, Palantir and many others.
Fintech Startup Fastacash Pockets $15M USD Series B Funding
Social-based fintech platform Fastacash has secured a $15 million USD B series, raising the company’s total funding to $23.5 million USD. Rising Dragon Singapore led the latest financing round, which also included fintech venture capital firm Life.SREDA, UVM 2 Venture Investments LP, and other existing investors.