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Quona Capital Management Ltd. raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.
March 6 -
The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.
March 3 -
The San Carlos, Calif., firm is following a similar blueprint as other online lenders — launching with a particular loan product, refining its algorithms, and then seeking to expand into other corners of consumer finance.
March 2 -
Everybody thinks business travel payments and bookings are a headache, until consumer-style rewards are thrown in.
March 2 -
The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said.
March 2 -
A joint venture the California company operates in China opened its first branch in Shanghai in 2012.
March 1 -
As part of the closure, the Hong Kong company — whose brand in U.S. banking was closely linked with Mayo — has shut down its widely followed research division.
February 27 -
Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other.
February 27 -
It’s unclear whether connecting lenders and borrowers over the internet offers any advantages over traditional lending, according to panelists at the Structured Finance Industry Group conference in Vegas.
February 27 -
The Structured Finance Industry Group and Chamber of Digital Commerce will explore ways distributed ledger technology might speed transaction processing and improve transparency.
February 27 -
The payments industry has been overrun with innovation in mobile, wearable and cloud-based digital payments. But many niches are years — if not decades — behind this trend.
February 24 -
A core processing startup gets $16 million and a U.K. challenger bank raises $27.6 million.
February 23 -
If you've ever walked past a film shoot, it's easy to see how much more there is to the movies and TV than just the star and director. There's often dozens or even hundreds of other people involved in the production — bit players, stunt performers, musicians and more — and they all have to be paid, at times irregularly and under different rules.
February 22 -
Tala, based in Santa Monica, Calif., makes its loan decisions after analyzing data on the mobile phones of users in Kenya and the Philippines.
February 22 -
The payments technology revolution of the past few years has given consumers myriad new ways to shop across different channels. Business payments have not enjoyed the same level of attention.
February 16 -
OpenFin, a devotee of open source software, has raised $15 million in Series B funding to fuel staff expansion, business development and new products.
February 16 -
Bond Street targets small businesses that might be able to qualify for a bank loan but are looking for a faster and easier approval process.
February 15 -
Billionaire investor Carl Icahn reduced investments in PayPal Holdings Inc., Nuance Communications Inc. and Freeport-McMoRan Inc., according to a regulatory filing Tuesday.
February 15 -
The bank and one of its investors are planning a sale of common stock that could help fund growth initiatives.
February 14 -
The wave of technology that's turned card swipes into dips, phones into wallets and micro merchants into global sellers will proliferate, says Andrew Rueff of Waud, a Chicago-based private equity firm.
February 3
























