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California’s fintech startups are invading New York

Bank Innovation

together in 2010, there was little question about where they should put their headquarters. When two Irish brothers started Stripe Inc. It had to be California. Now, though, Stripe is leaving the tech mecca of San Francisco, awash in tech talent and investor cash, and is in the process of moving its main office about 10 […].

New York 367
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Fintech 1, 2 and 3.0 … there’s an elephant in the room and it’s under attack

Chris Skinner

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

Fintech 292
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Anthemis’ Williams: Fintechs in a race to become customers’ primary financial provider

Bank Innovation

The road to growth for consumer fintech companies is taking a platform-based route, with single-offering companies increasingly taking on a family of additional services to lock in customers. Founded in 2010, London- and New York-based venture firm Anthemis Group focuses on early-stage and Series A fintech investments.

Fintech 253
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FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B

PYMNTS

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. Stripe was founded in 2010 by Irish brothers John and Patrick Collison , who sold their first company when they were teenagers for $5 million, according to Bloomberg.

Fintech 294
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German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

German neobank N26 hired Dr. Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254
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Slow regulations versus fast tech

Chris Skinner

Before 2010, I was writing a lot about technology but it was all heavily geared towards regulations. It was pretty dull, to be honest, but worthy. MiFID and PSD were top of mind, along with Basel III and other global, European and domestic regulations. I wrote a lot about regulations.

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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. NorthOne , a FinTech firm that focuses on small business owners, is one of the companies that call the city home. Funding rounds and exits have followed suit.”