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Companies
Chinese powerhouse Alibaba and Ant Financial Move Further into Blockchain
Ant Financial Services Group is preparing to go live with its “Ant Blockchain Open Alliance” platform later this month, which will focus on sales to financial institutions.
The announcement was made at the company’s conference in Hangzhou China. Ant had already revealed the project was in live beta testing in November, with the firm’s senior...
Capital
Open Lending On Pace To Dominate Auto Lending Space
Open Lending, which provides automated lending services to financial institutions, announced that it has entered an agreement to merge with Nebula Acquisition Corporation, a company formed by private equity firm True Wind Capital Partners...
Leaders
LendingClub’s CEO Slowed Down Growth to Boost Revenue
Online lending marketplace LendingClub has had a rough few years. After a successful IPO in 2014 that raised over $800 million on a nearly $9 billion valuation, the company soon saw a decline in stock value and eventually the departure of its founder and CEO over suspicious business practices...
Features
My Money Bank Fast Tracks Cloud Technology Transition
My Money Bank (MMB), a French financial institution that originally launched around the end of World War I, has made transitioning to cloud technology a top priority as it plans for its future...
Popular Articles
The Top 25 Women Leaders In Financial Technology of 2019
The Financial Technology Report is proud to announce and celebrate the exceptional women who are playing leading roles at the companies shaping the financial...
Top 50 Financial Technology CEOs of 2019
The Financial Technology Report is pleased to announce this year's awardees for the Top 50 Financial Technology CEOs of 2019. Awardees were selected based...
The Top 25 Financial Technology CTOs of 2019
The Financial Technology Report is pleased to announce our inaugural awards for The Top 25 Financial Technology CTOs of 2019. While CEOs are often...
The Top 25 InsurTech Executives of 2019
InsurTech has long captured the attention of the broader financial technology community as well as insurance industry. In 2019 alone, funding to companies in...
Mobile Fintech Entrepreneur Bassim Haidar Found His Motivation in His Family’s Past
Entrepreneur Bassim Haidar is currently one of Africa's most prominent billionaires--but this hasn't always been the case. Haidar, a Lebanese national, was born in Nigeria and lived there until he was 10. After his family moved to Lebanon, he finished school and attended Beirut University College. What motivated him to start his first business at age 20, however, was quite simple: he was looking to restore his family's lost fortune, a task he has now completed many times over...
The CapitalG Advantage, Much More than Deep Pockets
Lyft, Snap, Airbnb, SurveyMonkey, Glassdoor, and Duolingo are a sampling of Capital G’s great picks. The investment firm began in 2013 in Mountain View,...
Revolut Plans 24-Country Expansion Despite Big Loss in 2018
Revolut, a digital-only banking service provider, isn’t too worried about its staggering fiscal year 2018 losses. The company reported a loss of £32.8 million for the period against £58.2 million in revenue...
Plaid’s CEO Undeterred Even As Co-Founder, CTO Stepped Down
Plaid, the financial technology startup that enables fintech companies to access consumers banking data with their permission, is in a state of flux.
Earlier this summer, Plaid, which has a valuation of more than $2.5 billion, announced the departure of William Hockey, co-founder, chief technology officer, and president. Hockey is staying on as a board member and his duties are being handled by the executive team including CEO Zach Perret...
Mastercard CEO Ajay Singh Banga In Good Company Since High School
The century-old Hyderabad Public School in Hyderabad, India was modeled after England’s Eton College and designed to educate the country’s aristocratic sons, but a...
For Julie Loeger Of Discover Financial, Innovation Comes From The Trenches
When it comes to innovation, Julie Loeger is adept at developing products that will resonate with consumers.
As the executive vice president and chief marketing officer for Discover Financial Services, it was Loeger who created the 5% Cashback Rewards Program at Discover Financial and was behind the company’s Discover It cashback credit card. Since then Loeger and her team have successfully launched the Discover Miles card, Secure card, Free FICO, and Credit Scorecard among other products...