F|T: The FinTech Times – Social footprints

FinTech Times

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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BetaKit

North American VC-backed FinTech companies raise $1.8 billion in Q1 2016

A joint venture between KPMG an CB Insights, the quarterly report noted that the amount is still well under the $2.7 billion high reached in Q3 2015.



Wealthsimple

How Do I Know When To Start Investing?

Dave Nugent, Wealthsimple’s Head of Investments and resident financial advice-giver, answers your burning (but totally practical) questions about getting started. (sponsored)



BetaKit

PayPal to discontinue native app support for BlackBerry 10 and Windows Phone devices

Those on an iOS or Android device will be required to upgraded to the latest version of the PayPal mobile app to continue using the service via an app.



Finextra

Nasdaq debuts blockchain-ready Financial Framework

The framework consists of a single operational core that ties together the portfolio of Nasdaq’s business functionality across the trade lifecycle.



TechCrunch

Bitcoin price jumps 21 percent over 4 days, reaching a 21-month high

Increasingly, bitcoin’s price variations are correlated with macroeconomic trends in China. These trends tell us that China still fears a deflation.



Globe & Mail

FinTech online lenders are looking at your social media footprint

Dozens of alternative lenders in the FinTech space say they look beyond your credit score to determine a person’s or business’s loan eligibility. But what are they looking at then, if not only the credit score?



The Australian

FinTech ChimpChange has $15M IPO

With a $15 million IPO in the offing, ChimpChange’s immediate focus is on spreading the message as far and wide as possible. More than $5M of the $15M raise has been earmarked for marketing.



TechCrunch

FinTech darling TransferWise secures $26M investment top-up

London-based FinTech firm TransferWise has announced that it has secured a further $26M (approx. £17.7M) in investment that brings it ever closer to unicorn status.



Inc42

Fintech Startup ClearTax Raises $2M From Founders Fund and Sequoia Capital

Just last month, the startup raised $1.3M (INR 8.6 Cr) in seed funding from PayPal co-founder Max Levchin and Scott Banister, an early investor in Facebook and Uber.



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Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.