F|T: The FinTech Times – DREAM THIEVES?

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.


BetaKit

Flexiti Financial appoints Joe Prodan as CFO

Prodan will oversee the financial aspects of the company including financial planning and analysis, financial reporting, and investor relations.


businessinsider

FinTech could be bigger than ATMs, PayPal, and Bitcoin combined

“The FinTech industry no longer stands clearly apart from financial services proper, and is increasingly growing embedded in mainstream finance. We’re now seeing the initial stages of this transformation.”


techcrunch

Crypto’s most popular wallet service is getting a mobile app for secure login

MyEtherWallet, the most popular crypto wallet service on the internet, is finally getting a mobile app as it bids to increase security for its users.


betakit

Trulioo expands ID verification product to the Philippines

Trulioo said it chose to offer its platform to customers in the Philippines as the country is a major recipient of remittances and faces several remittance fraud issues.


finsme


Automated debt management app Tally raises $25M in Series B

The round was led by Kleiner Perkins with participation from previous investors Shasta Ventures, Cowboy Ventures and Sway Ventures.


pymnts.com

Zelle P2P volume grew to $28 billion in Q2, against Venmo’s $14 billion

Venmo, the P2P service owned by PayPal, took in more than $14 billion in payments volume during the second quarter of 2018, a 78 percent year-over-year increase.


techcrunch

BlockFi just gathered up $50 million to lend to bitcoin and ethereum holders who don’t want to cash out (yet)

The round was led by Galaxy Digital Ventures.


venturebeat

Pay-per-mile car insurance company Metromile raises $90 million to automate the claims process

Metromile has developed a car insurance platform that allows drivers to pay based on their actual number of hours on the road.


koho

DREAM THIEVES (video)

Canadian FinTech Koho has released DREAM THIEVES, a 13-minute advertisement/short film, directed by Fleur Fortuné. The video comes after a recent rebrand.


finsmes

Digital investment advisor OpenInvest raises $10.4M in Series A

The round was led by QED Investors, with participation from Andreessen Horowitz, SYSTEMIQ, Wireframe Ventures, Yard Ventures, and Abstract Ventures.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.