News > FinTech, AI

Ann Arbor-Based Fintech Startup Clinc Raises $52M, Aims For 2022 IPO
FinTech, AI
Research and development surrounding the use of artificial intelligence has skyrocketed in the past few years, with advancements from big companies like Amazon.com, Inc. AMZN 0.05% and Google GOOGL 0.04%. One tenacious player from the Midwest, Clinc Inc., is competing for the top spot in customer interaction and AI technology. What Happened The Ann Arbor-based startup announced Monday that it raised $52
A Q&A With The Co-Founder Of Quantamize
FinTech, AI
Stephen Mathai-Davis is the co-founder, chief investment officer and managing member of Quantamize, an investing research platform that utilizes AI and multi-factor models to generate investment ideas. We caught up with him to find out how the platform works, what makes their ideas unique, and how investors should use it. Read more at Benzinga. Photo: Ivan T
Top 10 Most Valuable Unicorn Startups In The World
FinTech, AI
rawpixel / Pixabay There are more than 343 “unicorn” startups in the world, which have a combined valuation of $1,151 billion. A “unicorn” is a private company with a valuation of at least $1 billion. There is no shortage of unicorns in the Silicon Valley, which is home to more than 200 such companies. Most of them are technology companies
Hong Kong Mulls Additional Incentives for Angel Investors
Hong Kong’s start-up scene has been on a tear lately, and it looks like it may get another boost sometime soon. According to the SCMP, Financial Secretary Paul Chan Mo-po recently blogged that the Hong Kong government is considering additional incentives for angel investors. Chan said that angel investors – who mainly operate outside the city – are “important to
WeLab Scores Hong Kong’s Fourth Virtual Banking License
FinTech, AI
WeLab – the company behind lending platforms Wolaidai and WeLend – recently announced that its subsidiary, WeLab Digital, has been awarded a virtual banking license by the Hong Kong Monetary Authority. This is the fourth license granted by the HKMA and the first one supplied to a homegrown fintech firm. Needless to say, the company is quite stoked about it:
Barbarians at the Gate? Chinese Banks Ramp up Fintech Spending Amid Growing Competition From Internet Firms
It looks like the Chinese fintech arms race is starting to get interesting. According to the South China Morning Post, Chinese commercial banks have ramped up their fintech investments as the likes of Tencent and JD.com slowly “chip away at their businesses.” China Construction Bank reportedly increased fintech development to 2.2% of operating income in 2018 – a 22% climb
Elizabeth Warren’s Big Ideas on Big Tech
The debate about how to regulate the tech sector is eerily reminiscent of the debate over financial regulation in the early 2000s. Fortunately, one US politician has mustered the courage to call for a total rethink of America's exceptionally permissive merger and acquisition policy over the past four decades. CAMBRIDGE – Displaying a degree of courage and clarity that is
Line, Japan’s Most Popular Messaging App, Is Setting Its Sights on Fintech
In an effort to remain disruptive, Japan’s most popular messaging app is branching onto the fintech space, according to PYMNTS: In an interview with the The Financial Times, Shin Jung-ho, the founder of the company said Line is expanding into cashless payments and FinTech in an effort to not remain complacent or stagnant. “My biggest priority is to ensure that the company
Planning For Apple’s Credit Card? This Could Help You Decide
FinTech, AI
Image source: YouTube Video Screenshot On Monday, Apple announced a new credit card in partnership with Goldman Sachs. Apple’s credit card is simply called “Apple Card” and is being promoted as a card with no fees, attractive rewards and deeper integration with the iPhone. Though these things are good, they are not enough to determine if you really need the
Male And Female Entrepreneurs In Startups
Men still dominate the UK startup landscape, with 80.6% of companies launched between 2000-2018 being founded by men ernestoeslava / Pixabay It’s safe to say that the UK’s startup scene has always been largely a Y-chromosome dominated space. Over the past few years, the UK government and independent bodies have increasingly made efforts to level the playing fields between male