On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over $500 million in capital. If reached, this target would be the largest raised during an initial coin sale, OneGram CEO Ibrahim Mohammed told...
In an age where FinTech upstarts, payments companies and banks vie for the same customers, might regulations force them to collaborate? In an interview with PYMNTS’ Karen Webster, John Epperson, a Risk Consulting principal with Crowe Horwath LLP, said that change is coming to financial...
Currencycloud founder Nigel Verdon is reportedly leaving the company to focus on a new FinTech startup, RailsBank. According to a report in Business Insider, Verdon said he was leaving Currencycloud because the business is going well and shareholders of RailsBank want him to concentrate on...
“Consulting was fantastic — however, I had to walk away from recommendations and not get to see them go live,” noted Wharton Grad Neha Goel in a conversation with the Financial Times about why she skipped out on the traditional career path of MBAs everywhere...
New research released by the AARP shows the significant impact that people ages 50 and older will have on FinTech — generating $83 billion in revenue over the next five years for the fast-emerging alternative financial services sector. “Although the 50+ segment represents only 35 percent...
Deutsche Bank, the Wall Street investment firm, announced Tuesday (March 21) the launch of an innovation lab in New York City. According to a report in The American Banker, Deutsche Bank is joining a growing list of big international banks that are trying to entice...
For years, Silicon Valley has rested pretty knowing it was the king of startups for tech and various other industries. However, research shows technology companies are looking for opportunities outside of the well-known haven and are knocking hard on the competition door … and global cities...
CreditEase, the Chinese FinTech investment fund, announced Friday (March 17) it had made investments in FinTech companies in the US. According to a report, CreditEase said it participated in a Series C financing round for Trumid, a U.S. electronic bond trading platform, and took part in...
Dimebox raised €5 million in a Series A round from the BillPro Group, a leading global payment processing organization. According to Finextra, this funding will further the company’s growth and expand its platform capabilities. “With a team of international payment experts, we have built a...