Fintech

Fifth Third’s Dobot savings app hits $425M in savings goals since launch

FintechFebruary 28, 2020

Dobot, the automated savings platform acquired by Fifth Third in 2018, is working to help its users save $425 million since it launched...

Weekly Wrap: Banks and aggregators debate ‘screen scraping’

FintechFebruary 28, 2020

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb. 28, 2020. In this episode, editors discuss...

Europes Target Global raises new 120M early-stage fund

FintechFebruary 28, 2020

Target Global, the pan-European venture capital firm headquartered in Berlin, has raised a new €120 million early-stage fund, following what it claims was...

Daily Crunch: Sony unveils its first 5G smartphone

FintechFebruary 28, 2020

Sony announces a camera-centric phone, Microsoft offers more details about the next Xbox and a liquid biopsy startup raises $165 million. Here’s...

Venmo prototypes a debit card for teenagers

FintechFebruary 27, 2020

Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create for their teenage...

US is now Afterpay’s largest customer market

FintechFebruary 27, 2020

Afterpay’s efforts to embed itself in the U.S. retail ecosystem are showing results. The point-of-sale lender announced this week it has more U.S....

Revolut Will Make Crypto Available in 50 States

BlockchainFebruary 27, 2020

Revolut is coming to the smartphone near you with an array of cryptocurrencies before tax day. Having just raised $500 million on a...

Square revises credit risk model for its SMB lending program

FintechFebruary 27, 2020

An update to Square’s credit risk model for its Square Capital commercial lending product — first disclosed yesterday — was “a key driver...

Figure VP Tony Morosini to speak at Bank Innovation Ignite

AIFebruary 27, 2020

Tony Morosini, vice president of banking and payments at Figure, will attend and speak at Bank Innovation Ignite on March 2-3 in Seattle. Morosini...

Speedinvest raises new 190M fund to continue backing early-stage European tech startups

FintechFebruary 27, 2020

Speedinvest, the European seed-stage VC that was started from Vienna but has since added offices in London, Berlin, Munich and San Francisco, has...

Chicagos M1 Finance, a consumer-focused fintech platform, reaches $1B under management

FintechFebruary 27, 2020

Eagle-eyed readers will recall that we mentioned M1 Finance earlier today in our look at a few trends in the fintech industry. We’re...

For Chase, fintechs and aggregators need ‘skin in the game’

FintechFebruary 27, 2020

Fintechs, aggregators and banks may agree on data sharing, but accountability should be equally assigned to all parties, according to JPMorgan Chase. At...

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