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

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.

How Do I Know When To Start Investing?(WEALTHSIMPLE)

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

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

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.

Nasdaq debuts blockchain-ready Financial Framework(FINEXTRA)

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

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

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

FinTech online lenders are looking at your social media footprint(THEGLOBEANDMAIL)

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?

FinTech ChimpChange has $15M IPO(THE AUSTRALIAN)

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.

FinTech darling TransferWise secures $26M investment top-up(BDAILY)

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.

Fintech Startup ClearTax Raises $2M From Founders Fund and Sequoia Capital(INC42)

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.

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.

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