I follow roughly 180 active fintech (insurtech, regtech, etc.) startups headquartered in Greater Boston which, by my definition, runs from Portland to Providence and as far west as Springfield.1 This is up from last year’s count, mostly because I’ve become … READ MORE
COMMENTS [ 0 ]Data is critical to innovation in financial services, from testing new underwriting algorithms to sifting through government filings for sell signals, to training fraud detection models. But real-world data – and particularly consumer data – can be hard to come … READ MORE
COMMENTS [ 0 ]I follow roughly 165 active fintech (insurtech, regtech, etc.) startups headquartered in Greater Boston which, by my definition, runs from Portland to Providence and as far west as Springfield. The number hasn’t changed much since 2020 despite the higher-than-usual number … READ MORE
COMMENTS [ 0 ]Orum is creating financial infrastructure allowing for real-time money movement in the U.S. In its own words, “Orum’s API-based products will give enterprise customers unique funds-availability modeling, empowering them with the information required to shift to real-time payments, and enable access … READ MORE
COMMENTS [ 0 ]Founded in 2019, Orum is creating financial infrastructure allowing for real-time money movement in the U.S. In its own words, “Orum’s API-based products will give enterprise customers unique funds-availability modeling, empowering them with the information required to shift to real-time payments, and … READ MORE
COMMENTS [ 0 ]ItaliaFintech was established in 2018 by a small group of the leading fintech entrepreneurs who felt the need to join forces and build a common house for discussion and development. The aim was to exchange views on the challenges, the … READ MORE
COMMENTS [ 0 ]When foreign exchange transactions executed for mutual funds, pension plans, and endowments don’t occur at the interbank rate, investors and beneficiaries lose out. A lack of oversight and a lack of transparency mean the costs of surprisingly wide FX spreads … READ MORE
COMMENTS [ 0 ]2020 was a wretched year by every measure except this one: 46 Boston-based fintech firms raised more than $1.12 billion in private equity and venture capital — significantly more than any previous year except 2018 (the year SoftBank dropped $500 million on … READ MORE
COMMENTS [ 0 ]Parametric insurance pays out when a pre-defined event occurs as measured by a specified figure, figures, or index. It has traditionally been used in agriculture and by insurance companies to cover natural catastrophes, including hurricanes, cyclones, and earthquakes (think CAT … READ MORE
COMMENTS [ ]There were at least 35 financing events resulting in more than $540 million in capital raised by Boston-area FinTech startups in 2019 — significantly more than any previous year except 2018 when Cambridge Mobile Telematics raised $500 million (all from Softbank) on … READ MORE
COMMENTS [ ]“I’m not even sure what I want, but that’s not the point – it’s that I want it now.”
“Whenever the old gives way to the new, everybody with vested interests in the old starts crying that the world will stop. There aren’t many people with vested interests in the new.”
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
“All you need in this life is ignorance and confidence, and then success is sure.”
.@enfusion, a provider of investment management software, analytics, and managed services for asset managers and hedge funds, is looking for a new #CMO in NYC: http://bit.ly/3lv2iep
News that Wingspan, the platform for managing freelancer payroll, raised a $14MM Series A, has me wondering which names of other failed fintech startups should be recycled.
What exactly was McKinsey doing for SVB?
Useful and timely advice on cash management policies for startups from @goodwinlaw: http://bit.ly/3JnaHZg
What are the prospects for disgorgement? http://bit.ly/3JHyDYC
