Where is the Smart VC Money Going in Fin Tech? Follow the Unicorns -
Fin Tech deal activity by 12 top VC firms ranging from Sequoia Capital to Andreessen Horowitz has grown 61% from 2010 to 2013.
How MasterCard became a tech company -
Four years after taking the helm, CEO Ajay Banga has turned the payments processor into an innovator. The stock’s response? Priceless.
Process Payments with Offline Mode -
If you don’t have connection to the Internet for a short period of time, you can accept payments in Offline Mode.
By enabling Offline Mode, you are responsible for any expired or declined transactions taken offline or resulting chargebacks. Before swiping a card offline, we recommend you verify the name of the cardholder as well as the expiration date to ensure it’s a valid card.
AvantCredit Raises $75M Series C to Grow Online Lending Platform -
Demand for consumer loans and credit is on the rise, and venture investors are backing a new class of online lenders to meet this demand, disrupt traditional banking and make a windfall.In the most recent deal in this space, AvantCredit Corp. said it has raised $75 million in a Series C round of funding led by Tiger Global Management. The company also attained a $200 million credit facility led by Victory Park Capital.
Congrats to Al Goldstein and the team in Chicago. I’ve gotten to know Al and have a tremendous amount of respect for him. I had the chance to invest in the Series B (and probably should have!) #FOMO
The Unbanked: Offering Small Fees, Banks Cater to Low-Income Customers
Amazon Debuts Wallet App for Rewards and Gift Cards
How Smart Lending Dumbed Down
New York Reveals BitLicense Framework for Bitcoin Businesses -
New York state has released its long-awaited guidance for licensed bitcoin businesses.
While very (overly)? comprehensive, this is Step 1 toward legitimizing Bitcoin.
Peer-to-peer lender wins landmark rating -
A sliced-and-diced package of peer-to-peer loans has secured a credit rating from Standard & Poor’s, the first time a major credit rating agency has agreed to formally evaluate a securitisation from the fast-growing “P2P” sector.
File this / SoFi under my anti-portfolio. D’oh.