On Thursday, Citigroup announced it appointed Yolande Piazza as the permanent head of its fintech unit, Citi Fintech. According to PYMNTS, Piazza assumed the role as interim head in August when previous chief executive of Citi Fintech, Heather Cox, left the company. Stephen Bird, chief… Read More
Read more in: Fintech, General News | Tagged citi, citi fintech, citigroup, stephen bird, yolande piazza
Does “Can you Zelle me the payment?” have the same ring to “You can just Venmo me?” A company knows that it has made it when people turn its name into a verb, as Venmo and Uber (despite its bad press these past few weeks)… Read More
Read more in: Fintech | Tagged bank of america, citigroup, jpmorgan chase, mastercard, paypal, venmo, visa, wells fargo, zelle
2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative Finance seminal benchmarking surveys last year), which estimates that VC-backed fintech firms around the world secured $13.8 billion in… Read More
Read more in: Asia, General News, Global, Investment Platforms and Marketplaces | Tagged 500 startups, accel partners, andreessen horowitz, balderton capital, blockchain, centre for alternative finance, citigroup, funding circle, goldman sachs, google ventures, gusto, index ventures, one97, oscar, sv angel, vc, worldremit
By now, you’ve more than likely heard about Goldman Sachs’ plans to launch an online consumer lending unit as early as next year. Yes, Goldman Sachs, the 146-year-old Wall Street giant best known for focusing on the 1%, is making a bet on Main Street with plans… Read More
Read more in: Featured Headlines, Opinion | Tagged citigroup, commonbond, david klein, funding circle, goldman sachs, lending club, marketplace, p2p, peer to peer, perspective, rbs
Former Citigroup executive Vinayak Gurjar has joined marketplace lender CommonBond as Chief Risk Officer. Gurjar joins a growing number of traditional banking managers switching over to new, fast growing financial firms. While the banking industry has suffered years of slow growth, crushing regulations and a… Read More
Read more in: Investment Platforms and Marketplaces | Tagged citigroup, commonbond, david klein, marketplace, p2p, peer to peer, tom glocer, tribeca venture partners, vikram pandit
Lending Club (NYSE: LC) an online marketplace the connects borrowers and investors, announced on Tuesday (December 16th) the closing of its initial public offering and the exercise in full of the underwriters’ option to purchase an additional 8,700,000 shares from Lending Club. After the underwriters’… Read More
Read more in: General News, Investment Platforms and Marketplaces | Tagged citigroup, goldman sachs, ipo, lc, lending club, morgan stanley, nyse
The peer-to-peer lending space is rife with news and new high-quality market entrants to kick off the new year. It’s part of the reason why I predicted that 2014 is the year that P2P lending goes mainstream. (One could make an argument that it already has,… Read More
Read more in: General News | Tagged canaan partners, citigroup, debt, lending, lending club, orchard, p2p lending, peer to peer, renaud laplanche, spark capital, vikram pandit
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