Illuminate Financial Management, founded in 2014 in London, is a venture capital firm funding financial technology startups that have the potential to effect real change within capital markets. Since late 2015, folks at Illuminate have been investing from the IFM … READ MORE
COMMENTS [ 0 ]Anthemis Group, founded in 2010 and headquartered in London, is “focused on re-inventing financial services for the 21st century.” It’s an important firm within the FinTech ecosystem, but a little hard to categorize. Anthemis advises large financial services firms on … READ MORE
COMMENTS [ 11 ]XL Group is a global insurance company with both insurance and reinsurance operations. Operating primarily under the XL Catlin brand since the 2015 acquisition of Catlin Group Limited, the company today provides property, casualty, and specialty products to industrial, commercial, … READ MORE
COMMENTS [ 27 ]Earlier this year, Spanish bank BBVA shut down its in-house venture arm, BBVA Ventures, and placed the portfolio, the cash remaining from the original $100 million allocation, and an additional $150 million into a new venture called Propel Venture Partners, … READ MORE
COMMENTS [ 2 ]Boston-based G20 Ventures recently announced the closing of its first fund with $63.5MM in assets. G20 was founded and is led by Bill Wiberg and Bob Hower, industry veterans who will be familiar to many from their years at Advanced … READ MORE
COMMENTS [ 3 ]In February, Paris-based AXA announced the launch of a new venture capital fund to invest in innovation in the insurance, asset management, financial technology and healthcare service industries. AXA Strategic Ventures will have as much as €200 million to invest. … READ MORE
COMMENTS [ 27 ]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 innovations in biometrics, location-based … READ MORE
COMMENTS [ 0 ]Springfield, MA-based Massachusetts Mutual Life Insurance Company is launching a venture capital firm to invest in startups that will help the company improve its life insurance, disability, annuity, long-term care, retirement plans, and investment businesses. MassMutual Ventures LLC will receive … READ MORE
COMMENTS [ 0 ]These are the FinTech startups in the greater Boston area that announced new funding in the first six months of 2014: Consumer United – $14MM Kensho – $10MM peerTransfer – $6.2MM Swipely – $20MM Did I miss anyone? If so, … READ MORE
COMMENTS [ 0 ]Some say venture capital investing is a “pattern recognition” business. But others say that pattern recognition is one way unfounded biases are perpetuated. And that even experienced VCs who rely too much on pattern recognition are simply giving multiple anecdotes the … READ MORE
COMMENTS [ 0 ]“If no one seems to understand, start your own revolution and cut out the middleman.”
“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.”
The roughly $12B San Diego County Employees Retirement Association is looking for a headhunter and ultimately a new CEO: https://j.mp/3gM0yWW (And a new website, because theirs is terrible.)
I'd bet America's money fund investors would decline this "gift" if given the choice. https://j.mp/2XSXejU
The @MassChallengeFT finale is going virtual this year. Register here: https://j.mp/36Ry0Xe #FinTech #startups
*Activists and Legislators:* Here’s a thread of MEANINGFUL legislation that has been proposed and, in some cases, passed in cities and states to address police violence. Consider passing legislation like this in your community, too. (1/x)
Though growing rapidly, and reportedly having raised additional capital as recently as December, investing app purveyor @acorns closes an office and fires dozens: https://j.mp/3dnY92I #FinTech
