Where’s the big money going in Europe? On money itself
The reasons that European entrepreneurs and investors are starting up financial technology companies are many — including opportunism, pragmatism and even fear. Read more »
BancBox: don’t just take payments, do something with them
BancBox is formally launching its payment platform today, offering not just the ability to accept credit card and other payments, but also hold the funds in stored accounts and move it around between financial institutions, all in compliance with regulatory requirements. Read more »
SigFig offers to tune up your investment portfolio
SigFig, a product born from portfolio tracker Wikinvest, is finally launching formally Tuesday. The free service allows users to sync all their investments and monitor them in real-time from one dashboard with extensive analysis conducted in the background to help find where users can save money. Read more »
€10m Transferwise blows a raspberry at bankers
London-based peer to peer currency exchange Transferwise has passed €10 million in transactions, saving customers nearly half a million Euros in fees that would have otherwise landed in the hands of the banking industry. Read more »
How Transferwise turns currency exchange upside down
London startup Transferwise wants to be the Skype of currency exchange, disrupting existing services that charge customers heavily for moving their money. But can its low-cost, peer-to-peer approach really succeed? Read more »
FinTech startups wield data and smarts
The FinTech Innovation Lab, an accelerator program for financial tech startups, graduated its first class on Friday. This first batch of companies is bringing some impressive ideas to bear on data, analytics and payments and showing there’s room for new approaches in the financial sector. Read more »
