Tagged: women changing finance

Northwestern Mutual’s $20 Million Allocation to Female-Founded Startups “Only the Beginning”

VC firm Northwestern Mutual Future Ventures (NMFV) is allocating $20 million USD to fund female-founded start-ups. According to the company, since its launch in 2017, Northwestern Mutual has invested in 18 startups and deployed $50 million in capital. As well: “In May this year, it… Read More

Global Funding & Trading Platform Funderbeam Receives Financial Services License in Singapore

Fintech Funderbeam has received a financial services license from the Monetary Authority of Singapore (MAS). This means that Funderbeam will be able to provide funding options to the Singapore market thus representing a significant expansion from its European base. Singapore based Funderbeam Markets Pte Ltd…. Read More

Caribu Cruises to $1 Million Reg CF Cap on Wefunder

Caribu, an App-based tech firm that enables interactive video calls (think drawing etc.) with your kids (or grandkids), has cruised to its $1 million funding cap on Wefunder. Interestingly, Caribu says that company revenue saw double-digit month over month growth throughout the Reg CF campaign… Read More

Fintech P2Binvestor has Financed Over $1 Billion in Lending: A Discussion with Founder Krista Morgan

P2Binvestor (P2Bi) is an online lender providing access to capital for businesses which are typically not able to access traditional bank financing. The 5-year-old Fintech lender provides term loans and lines of credit based off of a borrowers assets – mainly accounts receivable. P2Bi explains… Read More

SEC Commissioner Hester Peirce Visits Fintech Hotspot Singapore, Comments on Cross Border Regulation of Digital Assets

SEC Commissioner  Hester Peirce is in Singapore, a noted Asian Fintech hub, talking about digital assets. Peirce, speaking at the SUSS [Singapore University of Social Sciences] Convergence Forum, addressed the audience about innovation – something that frequently makes regulators nervous. Change is hard. Alluding to… Read More

Smart Valor Schedules Launch of Digital Asset Exchange in Switzerland & Lichtenstein for Next Week

Smart Valor, a licensed Financial Intermediary in Switzerland and registered crypto-fiat exchange  in Liechtenstein, will go-live next week on July 30, according to an email from the company. Smart Valor claims to be the “first to build a fully compliant security token exchange for alternative… Read More

Securities Attorney Joshua Klayman Joins Linklaters as US Head of Fintech plus Blockchain & Digital Assets

Global law firm Linklaters has announced the appointment of Joshua Ashley Klayman as US Head of Fintech and Head of Blockchain and Digital Assets. Klayman will be operating out of the New York office of the 175-year-old, UK based law firm. Klayman is well known… Read More

Allison Herren Lee Sworn in as SEC Commissioner

Yesterday, Allison Herren Lee was officially sworn in as an SEC Commissioner. Lee was nominated by President Trump and confirmed by the US Senate in June. Lee fills a term that expires on June 5, 2022. SEC Chairman Jay Clayton commented on Lee joining the… Read More

Automated Investment Platform for Digital Assets SupraFin Plans Crowdfunding Round on Crowdcube: Will Award its Own Crypto to Investors

SupraFin, described as the first automated investment management platform for cryptocurrencies / digital assets, will be crowdfunding soon. SupraFin utilizes bespoke algorithms and trading models designed to give individuals the upper hand in the volatile crypto market. According to an email from SupraFin, the company… Read More

AngelHub Founder Karen Contet Farzam: Hong Kong’s Startup Community is One of the Fastest Growing Ecosystems in the World

Hong Kong’s First Regulated Investment Crowdfunding Platform. In April of this year, AngelHub became the first investment crowdfunding platform to receive a license from a Securities and Futures Commission (SFC) in Hong Kong. In the past couple of years, Hong Kong has moved quickly to… Read More

Like a Jackson Pollock Painting: SEC Commissioner Hester Peirce Criticizes Commission’s Approach to Digital Assets, Says it Has Stifled Growth

SEC Commissioner Hester Peirce has polished her pen once again with another thought-provoking speech addressing Fintech innovation and, more specifically, digital assets. Speaking at the Securities Enforcement Forum, East Palo Alto, California (by video), Peirce pointedly criticized the Commission for stifling the emergence of security… Read More

Nasdaq CEO Adena Friedman Says Smaller IPO Market Needs to be Fixed

Last week, Nasdaq CEO Adena Friedman sat down with CNBC to discuss the initial public offering market. Recently, multiple high profile issuers have completed an IPO or have indicated their intent to do so in the not so distant future. On the day Friedman was… Read More

Sallie Krawcheck’s Ellevest Raises $33 Million Funding Round

Ellevest, a digital investment platform created for women and founded by Wall Street veteran Sallie Krawcheck, has raised $33 million in a new funding round led by Rethink Impact and PSP Growth. The new money captured the backing of several prominent new names as Valerie… Read More

How Fintech Should Help to Close the Gender Gap in Business Lending

The number of women-owned businesses has been steadily increasing globally. Despite this, accessing finance to start or grow their business remains a struggle for many women. A study by the Federal Reserve Banks of New York and Kansas City found that women are less likely… Read More

Gender Bias Contributes to Blocking Female Founders Out of Investment & Venture Capital. We Need to Fix This.

The world of business equity raising is still dominated by men. Melinda Gates wrote in ReCode back in 2017:  “We like to think that venture capital is driven by the power of good ideas. But by the numbers, it’s men who have the keys.”  Gates argued that… Read More

Innovate Finance Releases UK Fintech Report: Very Big Deals

According to Innovate Finance‘s new report 2018 FinTech VC Investment Landscape, investment in UK Fintech rose by 18% to $3.3 billion in 2018. Some additional highlights from the report include: Growth private equity investment rose 57% to $1.6 billion, while venture capital dipped to $1.7 billion… Read More

The House Financial Services Committee: What Should Fintech Expect from Chair Maxine Waters?

The House Financial Services Committee is one of the most powerful Congressional committees on the Hill. The Committee oversees not only the entire financial services industry but its policy portfolio also includes other overlapping responsibilities such as Housing, entrepreneurship and international financial organizations. Last election… Read More

Smart Regulation Will Help Blockchain. We Need to Get Involved

We often hear that “code is law”. It means that all transactions happening on decentralized networks are final and immutable. It does not mean, however, that code derives from the law. The legal frameworks we operate within are not God-given. They are social agreements that… Read More

Fintech Focused Analytics Firm MaxDecisions Appoints Nicole Houston as CEO

Nicole Houston has been promoted to Chief Executive Officer of MaxDecisions, Inc. Founded by Timothy Li and Henry Wang, MaxDecisions is a Fintech focused analytics, marketing, and risk management firm advising the online lending industry. According to a note from the firm, Houston has been with MaxDecisions since… Read More

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