Wahed, the investment firm focused on religious Muslims, has landed $5 million in seed funding, which it plans to use to provide the nuanced advice when it comes to some Muslim investors find ‘halal’ types of investment. According to a report in TechCrunch, Wahed CEO...
Millennials are saving to have financial freedom at a faster rate than Gen Xers and baby boomers, who are more focused on saving to exit the workforce. That’s according to the latest Merrill Edge report, which polled more than 1,000 mass affluent Americans to get a...
Robo-advisors are touted as the next big thing in digital banking and investments. For the May Digital Banking Tracker™, PYMNTS spoke with Dan Egan, director of Behavioral Finance and Investments at Betterment, who told us how robo-advisor services are shaking up the investment banking industry — and investors are lining up....
From automation to mobile-first institutions and solutions, disruption is the new normal for the digital banking space. Financial institutions have rolled out a handful of new smartphone-first innovations for the digital banking space that are promising to bring disruption to the industry. From new pathways...
July 14, 2017
Stash, a startup headquartered in New York that enables consumers to save up small amounts of money through micro-investing, has landed $40 million in venture capital funding. According to a news report, the round of VC funding was led by Coatue Management, the fund manager. Existing investors including Breyer Capital, Goodwater Capital and Valar Ventures, the venture […]
June 07, 2017
Wahed, the investment firm focused on religious Muslims, has landed $5 million in seed funding, which it plans to use to provide the nuanced advice when it comes to some...
May 22, 2017
Millennials are saving to have financial freedom at a faster rate than Gen Xers and baby boomers, who are more focused on saving to exit the workforce. That’s according to...
October 14, 2016
LendingRobot, the peer lending robo-advisor, announced on Thursday (Oct. 13) a new product connecting to the Lending Club platform, called LendingRobot For Advisors. In a press release, LendingRobot said the...
