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Capital One Adding Innovation Staff in New York

Bank Innovation

Capital One Financial Corp. but it’s adding significant innovation staff to its New York office. Job ads for more than a dozen positions in the Big Apple were recently posted, and quite a few of them directly relate to the bank’s innovation effort. may be based in McLean, Va.,

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Fintech’s Power Grab — in The New York Times

Bank Innovation

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

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BNP Paribas, Barclays and Goldman Sachs Invest in AI Startup Digital Reasoning

Bank Innovation

’s Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA, and the Partnership Fund for New York City. Artificial intelligence startup Digital Reasoning has raised $30 million from a group of major banks, in a round led by French bank BNP Paribas. The other investors include U.K.’s The.Read More.

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SEC OKs Direct IPO Listings To NYSE

PYMNTS

Companies seeking to hold initial public offerings (IPOs) on the New York Stock Exchange (NYSE) no longer will be required to let investment banks buy and sell the first shares to hit the market, the Financial Times (FT) reported. The addition of a lower-cost, underwriter-free IPO option was formally approved by the U.S. Until today.

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New York Seed Investors Stayed Strong in 2016 As Others Stepped Back

Bank Innovation

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies like Read More.

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Data: London FinTechs Netted $3.6B In VC Investments So Far In 2020

PYMNTS

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. New York City is also high up there, with $2.2 FinTechs account for 44 percent of all venture capital investments in London tech companies this year. billion in investments.

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

Bank Innovation

Founded in 2010, London- and New York-based venture firm Anthemis Group focuses on early-stage and Series A fintech investments. Its total deployed and deployable capital amounts to […].

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