Venture capital

The Salt Lake City company, which connects small-business owners with lenders like JPMorgan and BofA, plans to use the funds to expand its partnerships and customer base.

Citigroup's venture capital arm is investing in technology that provides real-time analysis of millions of consumers' card transactions.

Venture capital-backed fintech funding surged 120% in 2018. Following is a summary of fintech milestones and potential future moves for the industry.

Technology investors are bulldozing cash into blockchain and artificial intelligence, but the “why” is just starting to emerge, as is the true nature of the innovation.

Banks are a primary market to be pursued by Blue Hexagon, which received $31 million in venture capital.

Just five months after first reaching a $20 billion valuation, Stripe has attracted another $100 million investment that's put it past $22.5 billion, allowing the fintech to put even more pressure on the legacy acquiring industry.

CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served.

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.

Fintechs are developing data-crunching, automated products that seek to help banks precisely calibrate capital levels. The banks' goal is to pass stress tests while maximizing returns to investors.

VC firms Capital 300 and Draper and Associates have made a Series A investment in Authenteq, a identity security firm that uses blockchain, which is gaining steam as a means to support digital ID.