F|T: The FinTech Times – The Global FinTech Ecosystem

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

Quandl raises $12 million Series B to expand its financial data platform

Quandl will use the funding to expand its coverage of alternative data, which offers predictive insights for capital markets, but has not been previously used in the finance industry.


BAI

Building a collaborative global FinTech ecosystem

Matteo Rizzi says that Canada is rapidly evolving from a connected into an organized FinTech ecosystem. (sponsored)


TechCrunch

Facebook Messenger now allows payments in its 30,000 chat bots

Messenger bots can accept payments natively without sending users to an external website, Facebook’s head of Messenger David Marcus announced onstage at TechCrunch Disrupt SF 2016.


BetaKit

5,300 Former Thinking Capital CTO Pat Forgione joins Lendful

Before joining Lendful, Forgione spent three years as CTO of Thinking Capital, and acted as VP of technology at Peak Financial Services and senior manager of infrastructure operations and development at Penson Financial Services.


Silicon Valley Business Journal

Blockchain startup Ripple raises $55M for partnership, growth push

New investors Standard Chartered, Accenture Ventures and SCB Digital Ventures (the investment arm of Thailand’s Siam Commercial Bank) participated in the Series B round along with Santander Innoventures and Venture 51.


Computer Business Review

FinTech backed by European Commission to unite capital markets

The European Commission is aiming to push a ‘capital markets union’ and believes that FinTech could play an important role.


BetaKit

Financeit and Concentra acquire TD Bank’s indirect home improvement financing assets

This is Financeit’s first major acquisition since its launch in 2011. The company says that businesses focused in the areas of HVAC, pools and spas, windows and doors, roofing, decks and plumbing have been among the largest Financeit adopters.


American Banker

The FinTech honeymoon is over — now what?

Young FinTech companies are facing a harsh new reality. After years of unbounded growth fueled by billions in venture capital, the market dynamics that made it all possible have changed.


FinExtra

Banks rushing to collaborate with FinTech startups

Collaboration with FinTech startups is seen as a critical element in bank digital transformation strategies, according to a survey of financial executives conducted by IDC.


BetaKit

Information Venture Partners raises $96M fund for early stage FinTech and enterprise software companies

Information Venture Partners announced the close of $96 million for its second investment fund, Fund II, which is dedicated to early stage financial technology and enterprise software companies in North America.


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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.