Tagged: timothy li

Alibaba Must Acquire Starbucks, WeWork, Airbnb, Uber, Tesla & PayPal

During July 2016, I was part of a delegation of US Fintech executives visiting our counterparts in Hong Kong, Shenzhen, and Shanghai, China. We toured and visited some of the most exciting Fintech platforms in China such as LuFax, CreditEase, Tencent (the creator of WeChat),… Read More

Fintech: Data Standardization is Your Next Competitive Advantage

When I took my first computer science courses in college, my professor often cited the old adage “Garbage in, Garbage out”. Most of the students in the classroom chuckled. For most of us, that was the first time we heard that expression. What he meant… Read More

Here is the Letter House Republicans Sent to OCC Admonishing Thomas Curry About Fintech Charter

  Comptroller of the Currency Thomas Curry recently said the Office of the Comptroller of the Currency will be issuing Fintech Charters. While the hope was the OCC would create a light touch, streamlined approach to empowering Fintech firms to operate across the US without… Read More

The First Fintech Fraud Summit Tackles Tough Issues

The first FinTech Fraud Summit 2017 hosted by E&Y and San Francisco Association of Certified Fraud Examiners took place on March 17th, 2017. Keynotes by Prosper’s President Ron Suber. Financial Technology, or Fintech,  has experienced what can only be described as explosive growth. Fintech is… Read More

The OCC Issues Draft Requirements for a Fintech Charter. Is a Charter for Innovative Financial Firms Dead in the Water?

As expected, the Office of the Comptroller of the Currency has published a draft licensing manual regarding the creation of a Fintech Charter. The draft is a supplement to the agency’s existing Licensing Manual and explains how Fintech firms may apply for special purpose bank charters…. Read More

OCC Fintech Charter: We Need a Government that Embraces Financial Innovation

The Office of Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was created by the National Currency Act of 1863 (154 years ago, 20 years before the automobile was invented by Karl Benz from Germany)…. Read More

Top Ten Fintech Predictions for 2017

The following are my top ten Fintech predictions for the coming year. While 2016 has been a momentous period in Fintech innovation there is more to come. 10 – Sensors Internet of Things (IoT), Wearables, Smart Home and Connected Car will bring massive change to… Read More

Fluid Offers 0% Interest “Social Credit” in New Twist for Online Lending

Total US revolving debt (think credit cards and more) is nearing $1 trillion. This sector of credit is growing rapidly at around 7% a year. Simultaneously, there is an emerging generation of consumers that is highly mobile, technologically savvy, and extremely skeptical of traditional financial… Read More

InsurTech: P2Protect Seeks to Bring Sharing Economy to Insurance Users

Timothy Li of Kuber Financial and Tang Loaec of P2PConnect have joined together to create a new “P2P insurance JV” designed to bring “risk sharing” to American users. This is according to information provided by Li stating the pair decided to form a joint venture to… Read More

Indian Online Lender Creditexchange Raises $500,000 Seed Round with Participation from Kuber Financial

Creditexchange, an online lending platform, has raised $500,000 in seed funding. Kuber Financial participated in the funding round but did not disclose exact terms. Creditexchange, described as India’s first hybrid consumer loan platform and institutional marketplace, will originate loans where institutional investors may co-invest in… Read More

Kuber Financial Acquires Mobilend, Positions Platform to Provide Lending Service on Every Device

Kuber Financial, LLC, has announced the acquisition of Mobilend, Inc., a mobile SaaS lending platform. According to Kuber, the company will integrate the Mobilend loan origination system into its existing technology to provide an integrated and robust experience for millions of tech-enabled consumers. Mobilend is described as a… Read More

LendFoundry Presents Fintech Lending Operating System at LendIt 2016

On Monday, LendFoundry presented its very own fintech lending operating system at LendIt 2016, which was held in San Francisco. The company reportedly provides end-to-end lending solution that simplifies loan origination, marketing, acquisition, underwriting, servicing and beyond. Sharing details about the company’s system, Timothy Li, co-founder and… Read More

RealtyMogul Hires New CIO, Timothy Li Formerly of LoanDepot

RealtyMogul continues to hire aggressively with the new appointment of Timothy Li as its Chief Information Officer.  The announcement comes just as the real estate crowdfunding platform raised $35 million in a Series B Funding round led by Sorenson earlier this month. Li previously served… Read More