Water quality and distribution monitoring software Ketos raises $18 million

Water quality and logistics monitoring software Ketos has raised $15 million from a group of investors to take advantage of the growing demand for better water management tools and technologies. The potential for more stringent regulatory oversight of industrial water use and wastewater management from local, state and federal government, coupled with increasing consumer and […]

Financial institutions can support COVID-19 crowdfunding campaigns

Scott Purcell Contributor Share on Twitter Scott Purcell is the CEO and chief trust officer of Prime Trust, an innovative API-enabled B2B open-banking financial solutions provider. The economic impact of the COVID-19 pandemic adversely affected the financial outlook for millions of people, and continues to cause significant fiscal distress to millions more, but such challenging […]

Freelancer banking startup Lili raises $15M

It’s only been a few months since Lili announced its $10 million seed round, and it’s already raised more funding — namely, a $15 million Series A. The startup, founded by CEO Lilac Bar David and CTO Liran Zelkha, is creating a bank account and associated products designed for freelancers, with features like early access […]

Embedded finance might represent fintech’s future

The fintech industry is on a tear. Popular consumer services like Robinhood to Coinbase and Revolut have managed to attract millions of customers, but the most interesting trend right now is embedded finance. Tech companies that don’t necessarily provide financial services can embed services from fintech companies directly in their products. At the same time, […]

Venmo launches its first credit card, offering up to 3% cash back, personalized rewards

Last October, Venmo announced it would launch its first credit card sometime in 2020. Today, the PayPal-owned company is making good on those promises with the debut of the Venmo Credit Card, initially rolling out to select customers. The Visa card offers 3% cash back on eligible purchases, personalized rewards and tools to track and […]

Which neobanks will rise or fall?

Denis Barrier Contributor Share on Twitter Denis Barrier is co-founder and CEO of Cathay Innovation, a global venture capital firm investing across North America, Europe, Asia and Africa. Alex Lazarow Contributor Share on Twitter Alex Lazarow is an author, a global venture investor with Cathay Innovation and is an adjunct professor with the Middlebury Institute […]

Coinbase UX teardown: 5 fails and how to fix them

Digital currency exchange Coinbase has probably done more than most to push cryptocurrencies closer to the mainstream, earning an $8 billion valuation by private investors along the way. The company is reportedly eyeing a public listing next year, and is inarguably doing a lot of things right. However, that doesn’t mean its product experience is […]

Bank-as-a-service startup Swan helps other companies issue cards, accounts and IBANs

Meet Swan, a new French startup that wants to let other companies offer financial services by issuing cards, bank accounts and IBANs with just a few lines of codes. The company could be considered as a bank-as-a-service platform, like Treezor or Solarisbank. Originally founded by startup studio eFounders, the startup just raised a $5.9 million […]

Banks aren’t as stupid as enterprise AI and fintech entrepreneurs think

Simon Moss Contributor Share on Twitter Simon Moss is CEO of Symphony AyasdiAI, an enterprise artificial intelligence company for financial services. Announcements like Selina Finance’s $53 million raise and another $64.7 million raise the next day for a different banking startup spark enterprise artificial intelligence and fintech evangelists to rejoin the debate over how banks […]

How to diagnose and treat machine learning models afflicted by COVID-19

Anupam Datta Contributor Share on Twitter Anupam Datta is co-founder, president and chief scientist of Truera, and also a professor at Carnegie Mellon University. Justin Lawyer Contributor Share on Twitter Justin Lawyer is chief product officer of Truera and was formerly head of product on Google’s Cloud AI Platform. COVID-19 has disrupted the lives of […]