AI-Powered Asset Manager Pagaya, with Sights on Real Estate, Raises $25 Million
Pagaya, a fintech specializing in AI-powered asset management, is expanding into real estate, auto loans, corporate credit, and mortgages after ...
Tag: Capital & Funding
Santander Targets $1.4 Billion Cost Savings Amid $20 Billion Digitalization Plan
Banco Santander SA pledged to cut €1.2 billion ($1.4 billion) of annual costs and ramp up investment in digital and ...
Movers and Shakers: Notable March Hires in Fintech and Banking
Goldman Sachs recently announced plans to hire more women and people of color. The bank wants to increase its representation ...
Thiel-Backed Bank Targets Small Change in U.S. Push
A German banking app backed by billionaires Peter Thiel and Li Ka-shing is trying to woo young consumers with free ...
JPMorgan, Nomura Job Cuts Add to Wave of Pullbacks in Finance
Automation and new technology are replacing thousands of workers at banks and asset managers around the world, just as consolidation ...
Banesco USA Favors Fintechs over In-house Teams to Implement New Tech
Working with $11.9 million from its shareholders to continue growing and investing in technology this year, Banesco USA entered into ...
11 Startups Show Their Latest and Greatest at DEMOvation
Eleven startups participated in the DEMOvation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, ...
Citi Ventures Leads $28 Million Round for Client Management Startup HoneyBook
Citi Ventures led a $28 million Series C equity round for client management platform HoneyBook, the company announced today. The ...
Fears of a Fintech Slowdown? How to Pivot Your Brand for a New Era
For most of the past decade, the fintech sector seemed to have nothing but blue skies ahead. But over the ...
BI Ignite 2019: HSBC Bank USA’s Innovation Head Prefers Fintech Partners to Building In-house
When it comes to innovation, banks in 2019 should look to partner first, buy second and lastly build, Jeremy Balkin, ...
