Tag: US

Partner departs bitcoin-focused VC firm Pantera Capital

Steven Waterhouse is leaving his role as partner and CTO at bitcoin and blockchain-dedicated VC firm Pantera Capital.

Finova racks up $52.5m in VC-backed financing round

FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.

Finexio nabs $1m to rethink B2B payments

B2B payments network Finexio has raised $1m in seed funding. The round was led by James R. Heistand with participation form New York-based startup lab Loeb.nyc.

Oracle’s MICROS point-of-sale system hacked

Software giant Oracle’s point-of-sale (POS) credit card payment systems MICROS has reportedly been hacked by a Russian organised cybercrime group.

Lending Club’s losses grow as CFO resigns

Following the ousting of its former CEO Renaud Laplanche, peer-to-peer marketplace Lending Club continues to struggle, posting widening year-on-year losses for Q2 2016.

SoFi looks to raise $500m in new funding

Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports.

TIAA buys online lender EverBank $2.5bn

Financial service firm TIAA is acquiring online lender EverBank for $2.5bn, as the firm seeks to build out its banking services.

Airbanq takes $2.5m for digital bank for the underserved

Digital banking startup Airbanq has raised $2.5m in a seed round of funding to bring financial services to under banked consumers.

Prosper in talks to sell $5bn worth of loans

Peer-to-peer lending firm Prosper is in talks with a group of investment firms to sell $5bn worth of loans over the next five years.

truePTS hires former ICE technology head as CEO

Derivatives processing business truePTS, a spinout of digital trading platform operator trueEX, has appointed Zohar Hod as its CEO.Hod is joining the company from Intercontinental Exchange...

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