News > FinTech

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
Should You Buy, Hold, Or Sell Bitcoin? [Survey]
80% of panelists said the bitcoin price has gone up due to crypto-related announcements made at Consensus. bitcoin predicted to be worth USD$7,543 on June 1, 2019 and USD$9,659 on December 31, 2019 according to the average of our panel lists’ predictions. 40% of panelists think Bitcoin will exceed it’s all-time high price of around USD$20,000 in this bull run.
PayPal Rejects Request To Enter Pakistan, At Least For Now
FinTech
raphaelsilva / Pixabay We’ve been hearing rumors about PayPal entering Pakistan for years now, but it sounds like that won’t happen, at least not any time soon. Pakistani officials have been trying to convince the payment processing company to come to their country for a long time, but their request has now officially been denied. However, they are apparently still
Ping An’s OneConnect Gears up for Hong Kong IPO
Despite a challenging market for unicorns, Ping An’s fintech unit, OneConnect, has tapped several banks for a potential $1 billion IPO. According to Reuters, OneConnect has hired Goldman Sachs, JP Morgan, and Morgan Stanley to work on its public offering in Hong Kong. The company is looking to list as early as September and may file with the Hong Kong
The 2019 Fixed Income Leaders Summit in Hong Kong
Are you wondering how buyside fixed income heads are responding to recent political and regulatory changes? Are you curious about where we are on bond connect? Or the inclusion of China into global bond indices? The 2019 Fixed Income Leaders Summit in Hong Kong aims to answer those questions and more. This two-day event – organized by WBR Singapore –
OpenFin Raises $17M To Help Enable The 'Next Generation Of Desktop Apps'
FinTech
OpenFin, a maker of operating system products for the field of finance, said Thursday it raised $17 million in Series C funding led by Wells Fargo WFC 0.04% with participation from Barclays BCS 0.12% and existing investors, including Bain Capital Ventures. What Happened OpenFin's desktop operating system enables financial services companies to create new applications while enabling integration with legacy applications, the
Samsung to Add Crypto and Blockchain Features in Budget Galaxy Phones
South Korean electronics giant Samsung wants to make blockchain popular, and it plans to roll out blockchain features on some Galaxy smartphones to make it happen. Citing a press release, Business Korea reports that Samsung Electronics will be adding cryptocurrency and blockchain features – currently available only on the flagship Galaxy S10 – to more affordable models. It also plans
BTC Hits $8K – Is The Bull Run Frothy Or Here To Stay?
As BTC briefly hit $8,000 earlier today, we are clearly back in crypto bull market territory. This has left many investors wondering whether we’re on our way to another crypto bubble. Below, blockchain and crypto thought leaders from IOST (the application-ready, next-gen public blockchain and Top 50 coin) and Travala.com (the leading blockchain-based hotel booking platform) posits on the drivers
Crowdfunding Is The Latest Theme To Get An ETF
In the burgeoning world of thematic exchange traded funds, several funds offer exposure to the fast-growing fintech universe. That group grew Thursday with the launch of the Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF NYSELEND. Read more at Benzinga. Photo: iStock
SoftBank Pumps $800M in British Fintech Firm Greensill
Masa sure doesn’t mess around when it comes to investment size. Bloomberg: SoftBank Vision Fund is injecting $800 million into U.K. fintech Greensill, according to a person familiar with the matter. The investment values Greensill, which provides alternative supply chain funding to companies, at $3.5 billion, the person said. That’s more than double the level of almost a year ago,