Fintech SoFi, a company that started as an online lender but now provides a portfolio of services, has closed on a $500 million funding round giving the company a valuation of $4.3 billion. The funding round was led by the Qatar Investment Authority (QIA). Current... Read More
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BondMason, an online savings and investments platform that sources investments from across the peer-to-peer (P2P) market for its clients, has reportedly announced it is officially shutting down its P2P lending business. Launched in 2015, BondMason claims it makes it easier for investors to target gross... Read More
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MetaProp recently announced the opening of applications for the 2019-2020 MetaProp Accelerator at Columbia University, which is a PropTech accelerator program based in New York City. According to MetaProp, the 22-week boot camp connects up to eight PropTech startups from around the world to award-winning... Read More
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IT Business | Buckley Smith | May 29, 2019 AI and machine learning have become a large part of the financial industry, and some within the industry are calling for banks to be more open to collaboration with AI startups to accelerate the implementation of AI in banking. TD Bank Group’s group head of innovation,
Cryptocurrency exchange Coinbase announced on Tuesday it is now expanding PayPal support for our customers in Canada. Coinbase reported that its customers in Canada may now instantly transfer sale proceeds directly into their PayPal accounts. “Coinbase is committed to being the most trusted crypto exchange... Read More
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Canadian fintech lender PayBright announced on Wednesday it has teamed up with Enstream, an digital identity and device authentication joint venture of Canada’s national mobile network operators, to advance its client identity verification and authentication capabilities. “PayBright understands the importance of online security and fraud management in... Read More
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IMD | May 2019 Singapore topples United States as world’s most competitive economy Singapore rises from 3rd to top spot, switching places with USA Hong Kong remains 2nd, UAE enters top five for the first time Global factors: political and economic uncertainty Regional watch: Europe softens, Southern Asia/Pacific outperforms Lausanne, Switzerland May 28, 2019 - Singapore
ChargeAfter, a global network that enables retailers to match their consumers with credit and financing offers, announced on Wednesday it secured $8 million during its Series A funding round, which was led by Propel Venture Partners, with participation from PICO Venture Partners, the Plug and... Read More
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Some time ago, I started a small collection of interesting bourbons. A trip to Frankfurt, Kentucky, and a visit to Buffalo Trace, helped to seal my interest. During the trip, I purchased several bottles of 20-year-old Pappy Van Winkel, which I consumed at my leisure... Read More
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Citing concerns about “…anonymity, speed and cross-border nature of DPT (cryptocurrency or digital payment tokens) transactions,” the Monetary Authority of Singapore (MAS) has stated it does not want to hasten regulation of cryptocurrencies because of the potentially “legitimizing” and popularizing effect doing so could have.... Read More
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"We believe Travelmate is the first all purpose consumer robot on the market and will usher in a new era of robotics for all. This robot allows for thousands of features, owing to an integrated ecosystem between your smartphone and your Travelmate robot. It’s powered by a proprietary patented movement system, which utilizes artificial intelligence [...]
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From reviewing medications for cheaper alternatives to trying to pinpoint a client's spending instead of ballparking it, some advisors look closely at how clients spend their medical dollars.
Climate changes pose big risks to real estate investments. The good news for REIT investors is that environmental, social and corporate governance-focused products are growing at a rapid clip.
If you're a financial advisor, odds are that some of your clients have heard of qualified opportunity zone funds. Here's what you should know before recommending this tax-advantaged real estate strategy.
Ex parte orders filed against the Binance crypto trading platforms by a leg of the VC firm Sequoia Capital have backfired as a judge’s staying of the orders have ushered in a countersuit against Sequoia brought by Binance CEO Changing Zhao, also known as “CZ,”... Read More
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