F|T: The FinTech Times – Record-setting or in decline?

FinTech

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.


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Canada Stablecorp launches cryptocurrency pegged to Canadian dollar

TSX Venture Exchange (TSXV) has released the list of its top 50 performing companies, as part of its 2020 Venture 50 event.


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FinTech VC sets records in Q4 despite early-stage slowdown(TECHCRUNCH)

Thanks to a dataset from startup and venture data provider CB Insights, we have a fresh, deep look into the world of startup FinTech investment.


LendingClub buys Radius Bank for $185 million in first FinTech takeover of a regulated US bank(CNBC)

LendingClub, a FinTech company that pioneered personal loans made online, is buying a U.S. bank to give it access to a stable and cheaper source of funding, CNBC has learned.


Shopify joins Facebook’s Libra Association after group sees several key departures(BETAKIT)

Shopify is the latest company to join Libra Association, Facebook’s new cryptocurrency initiative.


U.S. FinTech Self raises $20 million through Series C funding round co-led by Altos Ventures & Conductive Ventures(CROWDFUNDINSIDER)

Founded in 2015, Self describes itself as a venture-backed fintech startup with a mission to help people build credit, particularly those who are new to credit or who might not have access to traditional financial products.


Briza raises $3 million CAD as it looks to revolutionize commercial insurance(BETAKIT)

Briza, an insurance-as-a-service startup based in Toronto, has raised $3 million CAD ($2.3 million USD) in seed financing.


Coinbase becomes a Visa Principal Member to double down on debit card(TECHCRUNCH)

The company is now a Visa Principal Member, which should help Coinbase rely less on Paysafe and control a bigger chunk of the card payment stack.


How FinTech startups are disrupting the payments industry(ENTREPRENEUR)

They’re forcing a large, entrenched ecosystem to adapt.


Conquest raises $3 million round with Portag3 to launch AI-powered financial planning(BETAKIT)

Financial planning FinTech startup Conquest Planning has raised $3 million CAD in anticipation of bringing its software to market sometime this year.


Global FinTech deals declined 4% in 2019 as China investments fell sharply(TECHINASIA)

Despite the steep fall-off in activity by Chinese companies, there were 3,472 deals worth US$53.3 billion globally last year, the second-highest value of investments since 2013, Accenture said.


Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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