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Afresh Raises $13M For Fresh Food Management Technology

PYMNTS

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The San Francisco-based startup also is welcoming food industry veteran James McCann to its board.

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Banks Are ‘Dipping Their Toe’ into Public Blockchains, Says Chain CEO [VIDEO]

Bank Innovation

Blockchain technology has been talked about in banking for so long that readers here can be excused for being a bit jaded on the subject. The technology has been touted as solving just about every problem bankers face, but as Adam Ludwin, CEO of Chain, told us in San Francisco at Bank Innovation 2018 earlier.Read More.

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Top 5 Emerging Fintech Hotspots in 2018 [Page 1]

Bank Innovation

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

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Unison Wants To Turn Homes Into (Liquid) Assets

Bank Innovation

Unison, a 12-year-old company based in San Francisco, wants to fix both of those issues. Applying for a mortgage is (arguably) the most important decision in any customer’s life. It is also one of the most expensive decisions that’s completed through a (usually) painful process.

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FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

PYMNTS

The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. London startup mobile bank Revolut Ltd.

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SigFig Scores a Robo Deal with UBS

Bank Innovation

SigFig, a San Francisco-based robo advisor, partnered with UBS Wealth Management to create and customize digital tools for WMA’s 7,000 advisors, it was announced today. The tools will “complement” the existing expertise of UBS advisors, and not form a separate automated platform, SigFig said.

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Wells Fargo Discloses It Will Add ‘Open Fintech’ Features to Home Loan Platform

Bank Innovation

The additional APIs and SDKs should allow more integrations with other technology services and applications. The San Francisco-based bank disclosed the plan in a job posting today. Wells Fargo & Co. will add additional enterprise-level digital capabilities, APIs, and SDKs to its Home Lending platform.