Lending Club shuffles around shareholders to make room for Google
Google takes a minority stake in online investment community Lending Club as part of a $125 million secondary transaction.
Google takes a minority stake in online investment community Lending Club as part of a $125 million secondary transaction.
Online financial management platform Wealthfront raises $20M from Index Ventures, The Social + Capital Partnership, and Greylock Partners.
Ribbit Capital has closed a new $100 million investment fund, the venture firm announced today.
Los Angeles is turning into a surprising hub for financial technology startups. We profile four of the area's interesting "fintech" companies.
Guest Post
The venture-backed financial services industry continues to evolve and grow at a rapid pace as investors continue to fuel industry change. There are several recent VC investment trends in financial services, including trying to capitalize on the social media phenomenon, …
Electric motorcycle maker Brammo has raised $28 million in a new funding round led by Polaris Industries, the company announced today.
The money will help Brammo solidify its position in the market against electric bike rivals such as Zero Motorcylces, …
Xignite is out to democratize access to financial data, which has exploded in the past decade with the onset of real-time, 24-hour trading. It is doing so by making that data more accessible via cloud computing and has just raised …
Omar Khan, the Samsung exec who often introduced the world to Samsung’s latest Galaxy phones and tablets at events, has been hired to lead mobile initiatives for Citigroup.
“Omar Khan was a valued member of the Samsung Mobile US team …
Yodlee, a company that powers personal financial management (PFM) solutions for major banks and finance portals, now has 34 million registered users worldwide, it told VentureBeat.
And it doesn’t look like Yodlee’s growth is going to slow down anytime soon, …
Guest Post
Rod Ebrahimi is co-founder at ReadyForZero.com, an online financial program that helps Americans tackle debt. You can follow him at @innovatebig.
Even though financial services is among the most profitable industries in the world, the existing regulatory systems, technical infrastructure …
OpenGamma, a provider of analytics software for the financial services industry, announced today that it has raised $6 million in its second round of funding — even though it doesn’t have a product quite yet.
Traders can basically use OpenGamma …
Douglas Merrill helped launch Google into the online-payments business with Google Checkout. Now he’s looking to help people afford to shop online — or anywhere, for that matter — with a new short-term lending startup called ZestCash, whose site is …
Mobile banking continues to heat up as Banc of America Strategic Investors Corp, the investing (and strangely Francophone-spelled) arm of Bank of America, announced the completion a strategic investing round in mobile banking platform maker mFoundry.
While mobile banking to …