Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Thompson Reuters joins R3 Blockchain Consortium

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

Ellie Mae to improve digital lending capabilities with new acquisition

Ellie Mae, a cloud-based provider for the mortgage finance industry, has agreed to acquire Capsilon to enhance its end-to-end SaaS solutions.

Ireland is gearing up to deliver its first huge GDPR decision

The Data Protection Commission is reportedly about to deliver its first major General Data Protection Regulation (GDPR) decision. Well, kind of.

FinFit partners with PeopleStrategy

FinFit, the financial wellness employee benefit platform, has inked a partnership with PeopleStrategy, the cloud-based human resource solutions provider, to give workers bigger access to to essential financial tools.

Bank transfer solution developer Dwolla nets $12m funding

Bank transfer solution company Dwolla has closed a $12m funding round led by Foundry Group.

Modulr to invest £20m into Scottish FinTech

Modulr, a payment as a service API platform, will invest £20m into the Scottish FinTech industry to drive innovation in the country and cement it as a hub for tech.

Root Insurance set to net $350m and a $3.65bn valuation through its next funding...

InsurTech startup Root Insurance is poised to raise $350m and, as a result, reach a $3.65bn valuation. The Wall Street Journal reported that the Series...

News Stories

Goal-based investing is a trend for wealth management companies to look out for

Consumer expectations are changing and they want to get a better control of their finances and their futures.

JPMorgan pledges $350m to support minority owned companies with financial needs

JPMorgan Chase has committed $350m over the next five years to help close the racial wealth divide prevalent in Black, Latinx and women-owned small businesses.

Crypto firm Anchorage raises $80m to increase institutional adoption of digital assets

After getting federal banking charter last month, cryptocurrency banking company Anchorage raised $80m in a Series C funding round.

Relay teams up with Insurercore

PropTech Relay has inked a new partnership with UK-based insurance networking platform Insurercore, aimed at providing a comprehensive solution to insurance and wholesale brokers looking for capacity.

Just one in ten managers understand the extent of the Federal Family and Medical...

Worryingly, only 11% of manager understand the extent of the Federal Family and Medical Leave Act (FMLA), potentially leaving businesses open for law violations.

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