As you undoubtedly know, The Royal Bank of Scotland Group is a UK-based banking and financial services company, with its headquarters in Edinburgh. RBS provides a wide range of products and services to personal, commercial, and …
Category: Banking
The Obama Administration recently launched a push to boost access to basic banking services for millions of Americans who lack them. As Treasury Secretary Jack Lew noted, an inability to access high-quality, low-cost transactional services drives …
The Wells Fargo Startup Accelerator is a semiannual boot camp for young companies that will help them commercialize their ideas and begin selling effectively into the enterprise marketplace and/or the financial services vertical. Wells Fargo is seeking …
I was excited to read that Eastern Bank hired the team behind PerkStreet and created Eastern Labs, with the objective of leveraging the bank’s resources and data to build new financial service technologies, and of digitizing …
In Alternative Lending, Banking, FinTechTags Funding Circle, Lending Club, On Deck Capital, P2P Lending, Prosper, startupsPublish Date
Funding Circle is a crowdlending platform that lets individuals and institutions loan money to small businesses. Founded in the UK in 2010, the firm has about 70,000 registered lenders who have lent more than £223,000,000. Last …
In Banking, Startups, Venture CapitalTags BBVA, CircleLending, NeoBanks, Simple, startups, venture capitalPublish Date
Last week, BBVA announced that it is buying Simple for $117 million. It’s easy to think of reasons why this acquisition appeals to BBVA. It’s not for assets and deposits. Yes, the 100,000 tech-savvy early adopters …