FinTech Update: November 2018

Deutsche Bank Opens its IT Systems This month, Deutsche announced it would open its API software and allow third-party providers, namely fintechs, to utilize their client data in application development. They actually began this program in 2016 when they hosted their API hackathon, allowing 14 teams to access their data for use in the competition.…

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9/22 FinTech Update

JP Morgan Launches Trading App JP Morgan recently announced its new trading app, “You Invest”, focused on millennials that are interested in investing but don’t want to pay hefty fees. Whereas the Robinhood’s of the world offer a simplistic product at no cost, JP Morgan will leverage its equity research and integrate it into the…

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8/16 FinTech Update

FinTech takes on Consumer Lending Subprime credit-card lending is nothing new. Banks have historically generated significant revenue by lending to consumers with bad credit, but that’s changing as young consumers are increasingly wary of the dangers of accumulating credit card debt. Instead, Americans now prefer to limit general debt and take out point-of-sale loans on…

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7/29 FinTech Update

Welcome to the first FinTech Update! In this series we will post bi-weekly updates on developments in fintech. For extended analyses, look out for our research articles coming soon. With that said, let’s get right into it: Paidy raises $55m Series C Japanese startup Paidy has just raised an additional $55 million in funding, adding…

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