Prosper powers a peer-to-peer marketplace that connects people who need to borrow money with people who can lend it to them. This brings its total capital raised to nearly $120 million.
Plaid has raised $2.8 million to continue building its modern API for banking data.
FeeX has built a platform for crowdsourcing financial intelligence. Today it announced closing $3 million led by Blumberg Capital.
AvantCredit looks at a range of data sources and uses machine learning to determine lending risk, rather than relying solely on a credit score. The platform can approve and fund a loan in near real-time.
Social Finance (SoFi) is a startup with a simple solution to the student debt crisis. The company taps college alumni as a funding source for students loans.
Most of us will not consider our bank to be a hotbed of innovation. But banks are toying with various open source projects, and are rapidly developing ways to help you manage and share money from a smartphone.
The finance industry is under attack from startups. Dealstruck initiated the latest front of this battle today with its crowdfunding alternative to business loans from banks.
Google takes a minority stake in online investment community Lending Club as part of a $125 million secondary transaction.
A number of denial of service attacks have taken down U.S. bank web sites since September. While some have come forward claiming responsibility, other believe Iran may be behind the attacks.
Guest Post Investment Bankers have traditionally been the gatekeepers of access to the capital markets. It is time for crowdfunding to play a greater role.
A new trojan called Stabuniq is infecting financial institutions across the United States, according to Symantec who revealed the threat today.
If you score high on this simulation, you can maximize net income for your bank from debt collections.
Edo has raised $15 million in third round funding to brings its local-offers technology to small businesses across the country.
Kaspersky Lab announced a new piece of malware that specializes in obtaining login information for bank accounts in the Middle East. It’s called Gauss and is linked to Flame, Stuxnet, and Duqu.
For most people, getting a loan requires a clean credit record and a strong credit score. Since not everyone’s credit report is spotless, ZestCash offers loans to customers who don’t belong to banks or who don’t have any credit data. The company announced today it has secured $73 million in its second round of funding.
Financial organization company BankSimple is shedding the “bank” and emerging as Simple, now available to consumers in the US.
Peer-to-peer lending startup Prosper makes no secret of its support for the Occupy Wall Street movement, which seeks to break the hold of banks on the American political process. Prosper wants to do a similar thing, by creating a sort of bank that is owned by and run for the people.