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FintechNews RoundupUSA
·Mar. 28, 2018

Silver Lake Invests $500 Million in Credit Karma

According to the WSJ, Credit Karma isn’t receiving any proceeds or issuing new shares as part of the deal; Silver Lake will instead be purchasing shares from early investors and employees in a secondary sale; the investment values the company around $4 billion; Credit Karma generated $500 million in revenue in 2016 and according to CEO Kenneth Lin they have been growing at a double-digit pace since; Credit Karma last raised money in 2015. Source

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FintechNews RoundupUSA
·Apr. 2, 2019

PayPal Invests in Blockchain Company

The news marks PayPal’s first investment in a company focused on leveraging blockchain technology; the investment was part of an...
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FintechNews Roundup
·Jun. 20, 2019

Banks Have Little Revenue Growth to Show for Investments in Technology

Globally, traditional banks have invested $1 trillion in technology over the last three years; however a new Accenture report shares...
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FintechNews RoundupUSA
·Jan. 22, 2020

New $545 Million Fund Targeting Fintechs

Chip Mahan, helped build Live Oak Bank as well as nCino; now Mahan along with Gene Ludwig are creating a...
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EuropeFintechUSA
·Jun. 16, 2020

The Hottest Fintech Startups in 2020

Many companies are facing an uncertain future due to the current crisis but there are still many success stories in...
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FintechNews Roundup
·May. 21, 2018

The Importance of Investing in Humans Along with AI

Artificial intelligence is one of the hottest topics in fintech today; while we often hear of AI replacing humans, companies...
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FintechNews RoundupUSA
·May. 29, 2019

Northwestern Mutual Investing More into Fintech and Insurance Innovation

Northwestern Mutual is creating a second venture fund which will invest between $500,000 and $5 million in Series A/B rounds...
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FintechNews RoundupUSA
·Jan. 16, 2020

Visa Invests in Another Fintech Company

Just a few days ago we learned of Visa buying Plaid and now they have invested in another fintech company;...
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FintechNews RoundupUSA
·Feb. 12, 2020

Visa Invests in Point of Sale Provider ChargeAfter

ChargeAfter operates in the point of sale space, connecting merchants and lenders to provide more options for consumers; the strategic...
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Europe
·May. 10, 2022

Gold tokens: the low-risk digital asset?

Gold Token investment is on the rise, 2022 has already seen a 4% increase compared to Bitcoin's 18% decrease. The asset is seen as low risk, resisting inflation, but is this really the case?
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